For investors in the United States, 2013 has been the year for buying stocks. So far, the Dow Jones Industrial Average is up a little over 22%, and prospects are that it will keep on rising at least through the end of the year. However, there are increasing noises from concerned investors about whether or […]
US Treasury futures are lower for the third day running amid fresh signs of economic expansion, putting the yield of the benchmark 10-yr Notes on the cusp of rising above 3% for the first time in 2 years. According to ADP today the US added 176,000 jobs in August. A key gauge of the US […]
Since putting in a top on 7/9 the US dollars trajectory has been lower but clearly that has changed today catching a bid and higher by better than 1% as of this post. I have been suggesting in recent posts that we get a bounce from oversold levels and it appears the market is delivering. […]
Energy: Crude oil will close under its 18 day MA but on its highs we failed at the 8 day MA. I remain bearish but did have some clients lighten up as not to be short large size over the weekend. I still think a trade under $100/barrel is in the near future. On higher […]
The forex market has been rocked this month. The cause? The U.S. dollar fell aggressively against major currencies. The markets aren’t expected to give the U.S. a “pass” on this either. As economic data pours in from the world’s central banks, and from the U.S.’s own Federal Reserve, expect the market to remain volatile. The […]
Global Economic Calendar June 25th-26th 2013 *Actual data releases for today Data release times are in GMT or specified US EST (Eastern Standard Time) Figures posted are estimates unless specified otherwise Data in italics-high potential to influence markets Click here to see video for weekly Economic Calendar (Use Windows Media Player for best […]
Global Economic Calendar June 24th-25th 2013 *Actual data releases for today Data release times are in GMT or specified US EST (Eastern Standard Time) Figures posted are estimates unless specified otherwise Data in italics-high potential to influence markets Click here to see video for weekly Economic Calendar (Use Windows Media Player for best viewing […]
Global Economic Calendar June 20th-21st 2013 *Actual data releases for today Data release times are in GMT or specified US EST (Eastern Standard Time) Figures posted are estimates unless specified otherwise Data in italics-high potential to influence markets Click here to hear audio commentary for Economic Calendar *Thursday-6:58 AM France Flash Manufacturing PMI […]
In the last 10 weeks Crude oil has added $12/barrel lifting prices as of this post to four month highs with August futures flirting with the $100/barrel level. Not that the fundamentals have mattered in the energy complex but Crude oil inventories are at the highest levels they’ve been in years. For the last 10 […]
Global Economic Calendar Week of June 16th, 2013 DATA HIGHPOINTS FOR THE WEEK: —US FOMC Meeting & Rate Announcement…UK, USA CPI Data…Eurozone, German ZEW Economic Sentiment Index…Release of UK BOE (Bank of England) Monetary Policy Committee meeting minutes… UK Retail Sales… US Markets Quadruple Witching. Data release times are in GMT or specified US EST […]
