Category Archive: Finance, No picture
Japanese Economy Returns To Growth
The economy of Japan is the third largest in the world behind those or the USA and China, respectively. In the first quarter of 2018, the Japanese economy contracted by 0.2%, its first quarterly fall in two years. Data released recently shows that the economy returned to growth in Q2 with an expansion of 0.5%. […]
Fed Remains On Track To Raise Rates Again In September
The recent turmoil in emerging markets hasn’t deterred the Federal Reserve from lifting interest rates at next month’s monetary policy meeting, according to analysts, Fed funds futures, and the recent trend in inflation-adjusted base money supply. A handful pundits still wonder whether the escalating financial crisis in Turkey, which has weighed on stocks and bonds […]
Indian Share Markets End Lower; Metal Stocks Top Losers
Indian share markets settled lower today led by a fall in the financial stocks after the rupee hit a record low of 70.32 per dollar. At the closing bell, BSE Sensex ended down by 188 points, while, NSE Nifty ended down by 50 points. Except for healthcare stocks, IT stocks and automobile stocks, all sectoral indices ended the day in red with metal stocks and capital goods’ stocks leading […]
Ituran Has Fleet Location And Control Technology
Today I’m reviewing a small-cap semiconductor equipment & materials firm by the name of Ituran Location and Control, Ltd. Its trading ticker symbol is ITRN. Ituran Location and Control Ltd offers location-based services (such as stolen vehicle recovery & tracking services) as well as wireless communication products in Israel, Brazil, Argentina, and the United States. […]
BTC/USD Forex Signal – Thursday, August 16
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken from 8am London time to 5pm Tokyo time, during the next 24-hour period only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the […]
USDCAD Daily Analysis – Thursday, August 16
USDCAD’s upside movement from 1.2961 extended to as high as 1.3174. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3250 area. Key support is at 1.3050, only a breakdown below this level could signal […]
Commodity Prices May Rise On Hopes For Easing US, China Trade War
A wave of selling hit the commodities space yesterday as worries about escalating tensions between the US and Turkey soured investors’ mood across financial markets. Crude oil and gold prices fell alongside the MSCI Emerging Markets stock index – which suffered the largest one-day drop in five months – as well as the broader S&P 500 benchmark. Oil prices’ descent was amplified by EIA inventory […]
An Eye On M1, Cyclicals, And Junk Bonds: What Matters?
Rosenberg says “Keep an eye on M1”, others watch Cyclicals, and still others have an eye on junk bonds. All of the monetary aggregates have slowed substantially, and real M1 growth is flagging a 1% stall-speed growth economy once we get passed all the pre-tariff buying activity and fiscal sugar-high that skewed Q2 GDP. pic.twitter.com/Nvxoae76sH […]
AUDUSD Daily Analysis – Thursday, August 16
AUDUSD remains in the downtrend from 0.7453, the bounce from 0.7202 is likely consolidation for the downtrend. As long as 0.7283 resistance holds, the downtrend could be expected to resume and further decline to 0.7100 area is possible after the consolidation. Only a break of 0.7283 resistance could signal completion of the downtrend.
Sensex Opens Lower; Metal & Realty Stocks Drag
Asian stock markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.1% while the Hang Seng is down 0.5%. The Shanghai Composite is trading down by 0.8%. Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on […]
