Markets

Jan 29, 2015 at 14:33

In the last 40 years and more, the world led by the U.S., has sought to sideline gold as money, but inevitably it has proved its worth, most notably when…

Jan 29, 2015 at 14:33

AUD/USD is making new lows, confirming an underlying bearish trend. The short-term technical structure is negative as long as prices remain below the hourly resistance at 0.8054 (23/01/2015 high). Another…

Jan 28, 2015 at 20:07

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective. On Tuesday, crude oil gained 1.55% after mixed U.S. data weakened the greenback. As a result, light…

Jan 28, 2015 at 19:56

It’s hard to think of a topic where following the conventional wisdom can be more dangerous. And that topic is banking. It’s generally accepted as an absolute truth by the…

Jan 28, 2015 at 19:53

Sometimes the news stories on Wall Street fit neatly together like a jigsaw puzzle. Japan has been trying to devalue their currency for some time. Quantitative easing was announced last…

Jan 28, 2015 at 19:48

After periods of extended trend, eventually price hits a very long term trendline, and this is where the other side of the trade are most likely to react. Risk increases.…

Jan 28, 2015 at 19:37

Earlier today, the U.S. Commerce Department showed that total durable goods orders dropped 3.4% last month, missing expectations for a gain of 0.5%, while core durable goods orders (without volatile…

Jan 28, 2015 at 15:48

The Swiss yield curve looks like nothing so much as a sinking ship. All but the 20- and 30-year bonds are now below the water line.

Jan 28, 2015 at 15:44

The slow growth/low inflation story gained additional traction Tuesday when durable goods orders came in well below expectations.

Jan 28, 2015 at 15:44

The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime…