The dollar hovered just under a 13-month peak against a basket of major currencies early on Wednesday, with the euro still struggling amid expectations of further policy easing from the European Central Bank. The dollar index rose as far as 82.698 after finally breaking above its Sept. 5 peak of …
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Dollar flies high as euro struggles on ECB easing expectations
The dollar hovered just under a 13-month peak against a basket of major currencies early on Wednesday, with the euro still struggling amid expectations of further policy easing from the European Central Bank. The dollar index rose as far as 82.698 after finally breaking above its Sept. 5 peak of …
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Dollar flies high as euro struggles on ECB easing expectations
Preet Bharara, the United States Attorney for the Southern District of New York, and George Venizelos, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), announced today that MICHAEL A. LUCARELLI, the Director of Market Intelligence at Lippert…
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U.S. Attorney And FBI Asst. Director-In-Charge Announce Insider Trading Charges Against Director Of Market Intelligence At Investor Relations firm
There is no point fighting the market that is in front of you. So if traders want to buy, buy, buy on the back of free money and ECB QE then no point trying to sell into the move unless or until you get a signal. That is what we have seen in both Euro and Sterling over the past few months, what w…
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S&P closes above 2000, Euro slips
There is no point fighting the market that is in front of you. So if traders want to buy, buy, buy on the back of free money and ECB QE then no point trying to sell into the move unless or until you get a signal. That is what we have seen in both Euro and Sterling over the past few months, what w…
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S&P closes above 2000, Euro slips
Rising income and wealth inequality in many countries around the world has been a long-term trend for three decades or more. But the attention devoted to it has increased substantially since the 2008 financial crisis: With slow growth, rising inequality bites harder. The “old” theory about inequa…
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Good and Bad Inequality
AUD/JPY is trading at fresh highs on the year, signaling bullish continuation after a consolidation that lasted from April throughout most of August, until the end of last week. When we look at the daily chart, we can see that the AUD/JPY was bullish since the 88.23 low on the year in early February…
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AUD/JPY Signals Bullish Continuation with Key Breakout
AUD/JPY is trading at fresh highs on the year, signaling bullish continuation after a consolidation that lasted from April throughout most of August, until the end of last week. When we look at the daily chart, we can see that the AUD/JPY was bullish since the 88.23 low on the year in early February…
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AUD/JPY Signals Bullish Continuation with Key Breakout
Wall Street’s record-setting rally continued Tuesday as the S&P 500 notched its 30th record of the year and closed above 2000 for the first time ever. The Dow also rose but fell short of its record closing high after setting an all-time intraday high earlier in the session. Investors were encoura…
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S&P 500 closes above 2000 for the first time
Wall Street’s record-setting rally continued Tuesday as the S&P 500 notched its 30th record of the year and closed above 2000 for the first time ever. The Dow also rose but fell short of its record closing high after setting an all-time intraday high earlier in the session. Investors were encoura…
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S&P 500 closes above 2000 for the first time
Borrowing costs across Europe slid further this week, amid raised hopes of a U.S. Federal Reserve-style quantitative easing (QE) program to boost the euro zone’s struggling economies. For the first time, yields on several euro zone sovereign bonds turned negative–meaning that investors are effec…
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Euro zone yields turn negative on Draghi hopes
Borrowing costs across Europe slid further this week, amid raised hopes of a U.S. Federal Reserve-style quantitative easing (QE) program to boost the euro zone’s struggling economies. For the first time, yields on several euro zone sovereign bonds turned negative–meaning that investors are effec…
Most real estate experts believe the U.S. housing market is roaring back. Few have anything to negative to say about real estate. But what if they’re wrong? Real estate analyst Keith Jurow, author of the Capital Preservation Real Estate Report, is warning that the real estate market is not as str…
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This house market is falling apart
As my colleague Chris Tedder noted on Monday and earlier today, the New Zealand dollar’s had a tough start to the week. While some traders (including yours truly) were optimistic that the beleaguered currency may bounce back this week, the onslaught of negative economic data, not to mention the…
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AUDNZD: Wallaby-Kiwi Battle Line Drawn at 1.1200
Palestinian officials said on Tuesday a Gaza ceasefire deal with Israel has been reached under Egyptian mediation and a formal announcement of an agreement was imminent. There was no immediate confirmation from Israel, where a spokesman for Prime Minister Benjamin Netanyahu declined to comment. …
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Gaza ceasefire deal reached, Palestinian groups say
Belarus President says leaders at Minsk talks on Ukraine agree need for de-escalation; Poroshenko and Putin agree to have bilateral meeting
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Belarus President: leaders at Minsk talks on Ukraine agree need for de-escalation
The Federal Reserve Board kept the discount rate at 0.75% despite dissents from the regional banks in Kansas City, Dallas and Philadelphia. The other 9 regional banks voted to leave the rate unchanged. Most directors expected the economy to “continue expanding at a moderate pace”. Similar story to…
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Discount rate minutes: KC, Dallas and Philly voted to hike rate
Warren Buffett’s Berkshire Hathaway is providing $3 billion worth of preferred equity financing for Burger King’s merger with Tim Hortons. Buffett’s return on that cash will be 9%. …
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This Is What Warren Buffett Is Going To Earn On His $3 Billion Investment In The Burger King-Tim Hortons Merger
Japan’s government turned slightly more cautious about factory output and flagged a risk that April’s sales-tax hike could have prolonged effects, a sign that the world’s third-biggest economy is struggling with the higher tax and further stimulus might be warranted. In its monthly report issued …
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Japan govt turns more cautious on weak factory output
Economists still don’t know what makes it happen. An economy thrives for years, and then suddenly, without warning, falls into a hole. Unemployment soars until somehow, sooner or later, growth resumes. Every economy on the planet has experienced these painful, mysterious and apparently unavoidable…
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Recessions and the Big Shock Theory
