To taper or not to taper, that is the question? It's fascinating to watch how market commentators and the wider trading world have become embroiled in the latest drama day after day through the mainstream media channels. We had the fiscal cliff back in late 2012, remember that? How the USA economy was going to […]
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Is it too soon to mention the Hindenburg Omen again, a subject that we discussed last week? Probably, especially given the fact that all the conditions and parameters haven’t been met yet. However, the DJIA has closed down three days in succession, a first for this year and the drop has been quite substantial. The
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2013-06-13 04:25 GMT IMF approves €657 million bailout tranche for Portugal The International Monetary Fund (IMF) approved the seventh tranche of Portugal's bailout Wednesday and gave the country more time to meet its budget-cutting goals. The IMF will disburse the next tranche worth €657 million after the successful review of a bailout program that started
Forex Technical & Market Analysis: June 13 2013 Read More »
Is it too soon to mention the Hindenburg Omen again, a subject that we discussed last week? Probably, especially given the fact that all the conditions and parameters haven't been met yet. However, the DJIA has closed down three days in succession, a first for this year and the drop has been quite substantial. The
Between The Lines; Morning Roll Call Read More »
Once again we await news from the German courts, who are deciding whether or not Germany rescuing other countries by way of, for example, monetary easing is constitutional for German taxpayers. The German constitutional court will start its hearing on the legality of the European Central bank's bond buying programme at 11am local time (10am
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Once again we await news from the German courts, who are deciding whether or not Germany rescuing other countries by way of, for example, monetary easing is constitutional for German taxpayers. The German constitutional court will start its hearing on the legality of the European Central bank’s bond buying programme at 11am local time (10am
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The greenback falls too much; up steps a Fed official to pump up the volume across the various media frequencies. The euro rises too much; up steps an ECB official, or politician with some weight and credibility to talk down the euro. The yen rises too much, well you’ve got the picture by now. Why
Between The Lines, Morning Roll Call Read More »
The greenback falls too much; up steps a Fed official to pump up the volume across the various media frequencies. The euro rises too much; up steps an ECB official, or politician with some weight and credibility to talk down the euro. The yen rises too much, well you've got the picture by now. Why
Between The Lines, Morning Roll Call Read More »
We've read many tales of trading woe over the past twelve months, from the 'whale trader at JPM, to KwekuAdoboli. Adoboli was a City trader who almost destroyed the banking giant UBS through increasingly reckless illicit deals, who was eventually convicted of what police described as "the biggest fraud in UK history". Adoboli racked up
Overnight/early morning the BOJ (bank of Japan) published its latest monetary policy statement. The Board of the Bank of Japan decided that the Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 60-70 trillion yen. On current exchange rates this is approximately $600-700
A Trillion Here, a Trillion There, It Soon Adds Up… Read More »
