Silver as an investment

Category Archives: Euro

S&P Futs Near All Time High On Strong Euro Data; Oil Drops On Trump’s SPR Sale Plans / by Tyler Durden / May 23, 2017  7:05 AM S&P futures rose alongside European stocks as Asian shares posted modest declines. The euro set a new six-month high and European bourses rose as PMI data from Germany and France signaled that the ECB will have to tighten soon as Europe’s recovery remains on track, with the […]

Dollar Pushes Back / by Marc Chandler / May 22, 2017 After being shellacked last week, the US dollar is trading with a firmer bias against all the major currencies, but the euro and New Zealand dollar.     To be sure, it is not that a new development has emerged to take investors’ minds from intensifying political […]

X-Asset Strategy Head: “Traders Have Become Desensitized To What Constitutes An Actual Threat”

Earlier today, RBC’s Charlie McElligott explained why today’s action is indicative of one or more energy/risk-neutral/value funds blowing up. Now he looks at the underlying cause, and attributes it to the inability of investors to discriminate between real and imaginary threats in what has now become a “deafening cacophony of noise.” THE DOLLAR MELTDOWN We […]

Euro Surges As Trump Fears Slam Dollar; Futures Poised For New Records

In a replica of Monday’s early trading, European shares are down, this time led by health-care stocks even as the Euro surges above 1.1050, the highest level since the US election. Asian equities rose, while S&P futures were unchanged although we expect the ramp to kick in any second, and take the NASDAQ to another […]

Key Events In The Coming Quiet Week: US Industrial Production In Focus / by Tyler Durden / May 15, 2017 8:30 AM It is a relatively quiet week for economic news in the and Eurozone with focus turning to UK data, Japan 1Q GDP, inflation in Canada & Australia’s employment report. Norway GDP should show continued improvement and the Riksbank proposal on a new policy target will also draw […]

Too Far, Too Fast? Strategists Expect European Stocks To Tumble By Year-End

Equity strategists are cooling on the prospects for further gains in European stocks just as investors poured a record amount of money into the region’s equity funds… After a French election victory for centrist Emmanuel Macron and analysts suggesting that optimism over better profits is largely priced in, forecasters now see fewer triggers for the rally to […]

The European Commission doesn’t agree with the ECB …

In the Eurozone it’s not just the European Central Bank which publishes its forecasts on a regular basis, but the European Commission also releases its own expectations. And those don’t necessarily agree with the ECB’s assessments! In its Spring Economic Forecast, which was released last week, the EC is now clearly more positive about the […]

Numerous Dark Clouds Hover Over This Market / by James Rickards / May 13, 2017 This is a syndicated repost courtesy of The Daily Reckoning. To view original, click here. Reposted with permission. It has been an extremely quiet time in markets. If I hadn’t checked the calendar, I might think it was the middle of August, when everyone is on vacation, instead […]

Doug Noland: The VIX and the Scheme / by Doug Noland / May 13, 2017 There was little market reaction to Emanuel Macron’s widely-anticipated big victory in the French presidential election. The euro actually retreated somewhat, in a “sell the news” dynamic. European equities ended the week mixed. European bonds were somewhat more interesting. Bund yields declined three bps, while Italian yields jumped […]

Déjà Vu In The USD Bull Market?

By Chris at What in God’s name is happening? It’s not a high. It’s a record high. Sweet mother of Mary… As we can see from the above chart courtesy of the FT, emerging markets sold a record amount of government debt in the first quarter of this year. More from the FT here: “Data from Dealogic, […]