Silver as an investment

Category Archives: CAD

FX Weekly Preview: Looking For A Rise In Vol As The Fed Finally Makes Their Move – So We Can All Move On

Submitted by Rajan Dhall MSTA and Shant Movsesian from fxdailyterminal.com In the absence of key economic data, we tend to see heightened levels of containment in the FX markets, where the heavy presence of system (algo) traders require constant direction in order to drive price action one way or the other.  We have also been […]

Stocks Hit Record Highs As Tax Hype Trumps Nuclear Doomsday Fears

Wholesale inventories plunge and Kim shoots off some missiles… but Powell panders to TBTF banks and GOP pushes tax bill = so buy mortimer buy…   Overnight saw The National Team step in and save China…   But today's market action was dominated by the usual opening idiocy, tax-reform headlines, Jerome Powell comments, and North […]

Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs

Global shares hit another record high on Wednesday, propelled higher by what increasingly more call (ir)rational exuberance, and investors’ unflagging enthusiasm for tech stocks. That said, S&P futures are unchanged the morning before Thanksgiving (at least before the market open ramp), as are European stocks (Stoxx 600 is flat), despite the euphoria in the Asian […]

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

Key Events And FX Week Ahead: Central Banks Send Markets Into A Coma, Someone Say Something New Please!

European politics returns with a bang this week, when not only will attention be focused on Austria to see if the right wing Freedom Party joins the People's Party in a historic governing coalition, in an embarrassing blow to Europe's establishment, but also whether Catalan President Puidgemont will (again) fomally – and this time clearly […]

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

FX Week Ahead: Discretion And Common Sense Not Easy For “The Machines”

Submitted by Shant Movsesian and Rajan Dhall MSTA of fxdailyterminal.com Coming off the back of a mixed payrolls report which saw the headline number recording a negative balance for the first time in 7 years, the USD initially gained on the rise in wage inflation which recorded a 0.5% increase in average hourly earnings.   Into […]

Global Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen’s recent hawkish comments and renewed optimism over the health of the U.S. economy. While global stocks were mostly mixed as investors tried to […]

FX Technicals: Is the US Dollar’s Down Done?

The US Dollar has been relentlessly sold against FX peers since January 3rd, 2017 …. shedding pips-a-plenty versus EUR, GBP, JPY, CHF, CAD, AUD, NZD …  Uncle Buck has been pummeled .. until now.    Following a series of explicit failed new highs in early-mid March … the USD weekly chart shows just one bounce attempt […]

“From Nukes To Terrorism”: Battered Investors Flee Risk For Safety Of Bonds And Gold

The global risk-off mood accelerated overnight on Trump “stability concerns”, coupled with fallout from the Spain terrorist attack and lingering North Korea tensions, even if the VIX is off its latest highs, trading just above 15. Investors fled into German and U.S. Treasury bonds and bought gold for the third day in a row, as […]