Markets

Nov 22, 2013 at 05:37

USD/CAD has broken to the upside out of its declining channel. A further short-term rise is favoured. Resistances stand at 1.0568 and 1.0609. Supports can be found at 1.0485 (19/11/2013…

Nov 21, 2013 at 15:33

Yesterday's analysis expected a third wave downwards to end about 1,234 to 1,236. The third wave has ended at 1,236.89. The wave count remains the same.

Nov 21, 2013 at 15:23

On Wednesday, the Fed minutes hinted at tapering in the months ahead. The stock market sold off on the news. Less than 24 hours later, a tame report on inflation…

Nov 21, 2013 at 14:55

Two weeks ago we penned Gold Bear to end with a Bang, and noted the increasing probability that precious metals could be headed for a plunge to new lows ahead…

Nov 21, 2013 at 14:40

McDonald's CEO Don Thompson, sat down with Bloomberg Television's Betty Liu this afternoon at Bloomberg's The Year Ahead: 2014 in Chicago and said:

Nov 21, 2013 at 12:00

Here's some interesting analysis from Steen Jakobsen, chief economist of Saxo Bank, regarding implications of China's 3rd plenum. Before presenting the viewpoint of Jakobsen, some readers may be wondering "What…

Nov 21, 2013 at 11:57

Gold and silver hit the drop zone yesterday of the commodity comparative we had made with the previous downturn in 2008/2009. We added a TIP chart to the series, considering…

Nov 21, 2013 at 11:11

Former Treasury Secretary Larry Summers told Bloomberg Television's Stephanie Ruhle at the Robin Hood Investors Conference today that the Federal Reserve's quantitative easing program was the right call for the…

Nov 21, 2013 at 11:10

When revolutions start, it's not uncommon for almost nobody to notice. It may take years or even decades before historians can look back, point a finger and say "that's where…

Nov 21, 2013 at 10:57

In case anyone is wondering, the long-term bull for gold remains intact. However, it sure doesn't feel like it. The daily trend is down, the weekly trend is down and…