Silver as an investment

Category Archives: Euro

Great Graphic: Euro Pushes below November Uptrend

marctomarket.com / by Marc Chandler / DEC 5, 2017  The euro is losing ground for a third consecutive session.  It is the longest losing streak since the middle of October.    The Great Graphic here, created on Bloomberg, depicts the euro since the beginning of last month.  After falling in September and October, the euro trended higher in November.   It peaked on November 27 […]

Keep Calm & Carry On

Authored by 720Global's Michael Liebowitz via RealInvestmentAdvice.com, “Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption.” – Mark Carney, Bank of England Governor In 1939, the British Government, through the Ministry of Information, produced a […]

Will Dovish Draghi Plunge Gold?

sunshineprofits.com / ARKADIUSZ SIEROŃ / OCTOBER 31, 2017 Draghi sounded dovish at the recent ECB press conference. Will he sink the price of gold? We have already covered the last ECB monetary policy meeting on Friday. However, the event was so important that it needs a more detailed analysis. The question is why the euro declined against the U.S. […]

Eurozone Inflation Unexpectedly Cools

In the latest headache for Mario Draghi, the Eurozone's closely watched CPI weakened to 1.40% year-on-year in October 2017 versus expectations of 1.50% and a reading of 1.50% the previous month. As a reminder, according to the ECB's September forecast, HICP inflation is expected to rise to 1.5%, leaving little margin for deflation in the […]

US Futures Rebound After Disappointing Chinese, European Data

Yesterday’s sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb. The […]

ECB Announces Dovish €30 Billion QE Taper Through September 2018 “Or Beyond”; Euro Tumbles

While the ECB kept all of its three key rates unchanged as expected, and also kept the pace of QE at €60 billion until the end of the year, confirming the numerous trial balloons overthe past month, the ECB announced that it would cut the rate of QE in half, to €30 billion “from January […]

Gold Will Be Safe Haven Again In Looming EU Crisis

Gold will be safe haven again in looming EU crisis – EU crisis is no longer  just about debt but about political discontent– EU officials refuse to acknowledge changing face of politics across the union– Catalonia shows measures governments will use to maintain control– EU currently holds control over banks accounts and ability to use cash– […]

Traders Paralyzed, Markets Flat Ahead Of Today’s Main Event: The ECB’s Taper Announcement

US equity futures and Asian shares are flat this morning with European shares treading water ahead of the ECB’s policy meeting in which it’s expected to announce a tapering to its €60bn in monthly QE. On this busiest day of Q3 earnings season, companies set to report earnings include Alphabet, Microsoft, Amazon and Intel, while […]

ECB Preview: Here’s What Draghi Will Announce Today

Today’s ECB meeting is expected to be one of the most important in recent years: Mario Draghi has signaled, and is widely expected to announce a blueprint of what the central bank’s QE tapering will look like beyond 2017, and while no actual tightening will be implemented – either via rates of asset purchases – […]

Greenback’s Recovery is Intact

marctomarket.com / by Marc Chandler / October 21, 2017 The prospect of tax reform and a Fed hike in December, with expectations of more next year,helped lift the dollar broadly last week. Although the Japanese election and ECB meeting lie ahead, the fundamental backdrop for dollar looks constructive.  The technical condition is also favorable, especially on the weekly charts. The Dollar Index […]