Central Banks

Wall St PreMarket Gold, FX, Equities, Oil

Early indications suggested that stocks in economically sensitive sectors such as banks and those linked to natural resources would lead the decline. Morgan Stanley (NYSE:MS) fell 2.3 percent to $14.61 in premarket trade. Aluminum producer Alcoa (NYSE:AA) fell 1.2 percent to $8.95. The general move out of risky assets, such as equities and commodities, was [...]

US Dollar Index Outlook

USD Index slightly Higher in quiet trading 10-Yr: +02/32..1.876%.. USD-JPY: 79.92.. EUR- USD: 1.3053 The USD index has seen a quiet US session as action continues to hold small gains near 79.60. EUR-USD is -30 pips at 1.3055 as trade holds at critical support. Early weakness saw the single currency drop to 1.2955, but buyers [...]

Cuba Investment Reform to Spark Growth

In April, a senior Communist Party official, Estaban Lazo Hernandez, said in a speech that Cuba will move nearly 50% of the country’s economic activity to the “nonstate” sector in the coming 5 yrs, up from 5% now. This is not capitalism for capitalism’s sake, and political reform is not part of the program. The [...]

US Dollar Index Holding at 79.20

US Dollar Index Holding at 79.20 USD-JPY: 81.54.. EUR-USD: 1.3215 FOMC, BOJ, French Elections, PMI Data Next Week: The US Dollar Index has floated along the 79.20 for the majority of the day Friday. The DXY came under selling pressure at the start of trade in Europe and continued to swoon until it hit 79.20. [...]

Asia Trading Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF

The MSCI Asia Pacific Index declined 0.5 percent to 124.10 as of 1:28 p.m. in Tokyo, with more than twice as many stocks falling as rising in the gauge. The index is headed for a 0.8 percent decline this week. Volumes for benchmark equity indexes in Japan, Hong Kong and Singapore were at least 20 [...]

US Treasuries suffered light losses Tuesday

US Treasuries suffered light losses Tuesday 10-Yr: -08/32..2.008%.. USD-JPY: 80.78.. EUR-USD: 1.3141 US Treasuries finished near session lows Tuesday, but losses were contained as the long bond’s 0.3% decline to 99 16/32 paced the selling. 2 successful Spanish bill auctions caused the early selling as contagion fears. The complex saw some buying following both sets [...]

Columbia Mining and Economic Outlook 2012

Colombia’s minerals and petroleum resources is a powerful magnet for foreign investors Colombia’s mineral wealth is huge, it has the largest Coal reserves in Latin America, is the World’s biggest producer of Emeralds, and has large amounts of Gold and Nickel. Also, Colombia produces Copper, Iron Ore and Bauxite, the main source of Aluminum. Not [...]

GBP/USD Preview

The UK continues to benefit from flight to quality flows out of euro bloc countries. However, the benefit for sterling was felt on the cross against the euro and not against the dollar, this week. The UK economy is still some ways behind the US. Low inflation and a strong bond market combined with limited [...]

USD/JPY Trading Outlook and Technicals

Bank of Japan will make an Interest Rate determination this week. No change is anticipated, however, any comments about new reflationary policies will decide the direction of USD/JPY trading. The last two months and have seen the BOJ target inflation of 1% and begin buying bonds up to two years in maturity in a policy [...]

EUR/USD Trading Technicals

EUR-USD – 1.3334 Most recent candlesticks pattern : Shooting Star Trend : Near term up Tenkan-Sen level :1.3339 Kijun-Sen level :1.3316 Ichimoku cloud top :1.3312 Ichimoku cloud bottom :1.3298 Original strategy: Buy at 1.3280, Target: 1.3400, Stop: 1.3245 New strategy: Buy at 1.3280, Target: 1.3400, Stop: 1.3245 Despite the brief intra-day breach of 1.3374, lack [...]

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …