There are several organizations, who comment on macro economic policy and when they do publish their thoughts and predictions we should all sit up and pay attention. The OECD, The Organisation for Economic Cooperation and Development, is amongst that elite rank of organizations given that they have an unerring ability to predict economic performance correctly. […]
The OECD warns that the Euro area is still at risk Read More »
We highlighted the high impact news events for Tuesday in our ‘Mind The Gap’ section, that could affect sentiment in the afternoon session. The Richmond Fed Manufacturing survey came in below economists expectations; the Fifth District manufacturing activity was little changed in September, according to the most recent survey by the Federal Reserve Bank of
USA manufacturing appears to have run out of steam, whilst consumer confidence stalls Read More »
Although it feels like last year since we last visited this problem, it was in fact 2011 when the USA government was close to shut down as a consequence of the two main parties not reaching an agreement to raise the national debt ceiling. Many of us thought at the time that all Obama’s democrats
USA Government Faces Shutdown Over Debt Ceiling Read More »
Occam’s Razor suggests that the simplest explanation is usually the right one. Criminologists often use it to determine who’s the most likely suspect in a crime, such as a murder. Doctors also use Occam’s Razor every day in order to diagnose a patient’s illness when presented with a set of symptoms. It’s also used in
In our weekly trends publication, published on Monday morning every trading week in our Trader’s Corner blog, we mentioned the importance of the rash of PMIs that were published this Monday. The European PMIs for manufacturing and services were, for the most part, positive. However, the USA print provided a mild shock as the PMI
There were two notable observations regarding the German general election; firstly many are classing Chancellor Merkel’s comprehensive victory as a reward for her overall superb management of the European crisis, ensuring that domestically the German electorate didn’t suffer the ravages that so many right-wing leaning mainstream media publications predicted. Secondly, the voter turnout was circa
All of the high impact news events and policy decisions of the preceding week were, without a doubt, overshadowed by the FOMC meeting (held over two days) in which the pivotal announcement, that the FOMC would be sticking to their original inflation and moreover unemployment target of 6.5% and therefore not tapering their monetary easing/asset
Trends prediction, week commencing September 22nd Read More »
Readers will have been aware that over recent months the rupee has come under intense pressure on the foreign exchange markets falling to record lows versus the dollar, whilst the dollar was also losing value versus its major currency peers. The Reserve Bank of India surprised the markets in the overnight/early morning session by announcing
Now that the impact of the ‘no taper’ decision by the FOMC has begun to dilute into the global equity markets a sense of new-order, in amongst the ensuing panic, has prevailed. There was a rash of high impact news events published on Thursday that ensured that the momentum caused by the FOMC didn’t fall
Reasons For The Markets To Stay Bullish Read More »
We’re not sure if our readers have noticed but there’s always an excuse prepared for failing economic information. The weather is the favourite excuse, particularly were retail data is concerned. If retail sales figures are up it’ll be the sun shining, down and it’s the rain, snow or gales, or the heat wave which has
