China’s ICBC Now a Settlement Bank for the Dubai Gold & Commodities Exchange

China’s ICBC Now a Settlement Bank for the Dubai Gold & Commodities Exchange






China’s ICBC Now a Settlement Bank for the Dubai Gold & Commodities Exchange Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets, has become a settlement bank for the Dubai Gold & Commodities Exchange (DGCX), the exchange said Tuesday, allowing more investors to clear transactions in RMB Yuan. ICBC becomes the […]






Many Wall Street Regulations to Fall, as SEC Chairwoman Steps Down

Many Wall Street Regulations to Fall, as SEC Chairwoman Steps Down






Many Wall Street Regulations to Fall, as SEC Chairwoman Steps Down Barack Hussein Obama once said, “You don’t want to ‘mess’ with Mary Jo.” American voters said, “You do not want to ‘mess’ with Donald Trump.” Mary Jo White, the Head of the Securities and Exchange Commission, announced Monday that she will step down 2 […]






Germany’s CEO’s Standing Behind Deutsche Bank (NYSE:DB)

Germany’s CEO’s Standing Behind Deutsche Bank (NYSE:DB)






Germany’s CEO’s Standing Behind Deutsche Bank (NYSE:DB) $DB The CEO’s of several German blue-chip companies have discussed Deutsche Bank’s (NYSE:DB) problems and are ready to offer a capital injection if needed to shore up Germany’s largest lender, newspaper Handelsblatt reported Thursday. The German newspaper said that under an emergency plan the participating companies would purchase […]






US Technology Companies Outperformed Since June

US Technology Companies Outperformed Since June






US Technology Companies Outperformed Since June $AAPL, $GOOG, $MSFT, $DB US technology companies have outperformed  since June, beating the S&P 500 Index by the biggest margin since the Bull Market began on 9 March 2009. Their influence lifted the broad market to the 4h straight Quarterly gainer and its biggest of Y 2016, with the […]






Bank of Shanghai to Float a Public Offering

Bank of Shanghai to Float a Public Offering






Bank of Shanghai to Float a Public Offering Bank of Shanghai has been given permission for an IPO on the Shanghai bourse, the latest of China’s small and medium-sized lenders to go public after nearly a decade of approval suspension. The China Securities Regulatory Commission (CSRC) announced the decision Friday evening. According to the bank’s […]






The Black Swan Matters

The Black Swan Matters






The Black Swan Matters $DB, $GLD, $SLV Almost 10 years in the making the fate of one of Europe’s most important financial institutions may be sealed. After a sequence of scandals, poor decisions, and unfortunate events, Frankfurt-based Deutsche Bank (NYSE:DB) shares are now down -48% on the year to 12.60, which is a record-setting low. […]






Bank of China Designated as RMB Yuan Clearing Bank in US

Bank of China Designated as RMB Yuan Clearing Bank in US






Bank of China Designated as RMB Yuan Clearing Bank in US $BACHF The People’s Bank of China announced Tuesday that Bank of China (OTCMKT:BACHF) is designated as the RMB Yuan clearing bank in the United States. This represents another Key milestone in the process of RMB internationalization, and a step forward for Sino-US financial cooperation. […]






Wells Fargo’s (NYSE: WFC) Fraud Cost Investors $10-B

Wells Fargo’s (NYSE: WFC) Fraud Cost Investors $10-B






Wells Fargo’s (NYSE:WFC) Fraud Cost Investors $10-B $WFC, $JPM, $BRK.A FLASH: Here is the word on how it’s largest shareholder, Warren Buffet’s Berkshire Hathaway (NYSE:BRK.A) feels about the mess, likely put out, as his loss is reported at $1.4-B. Wells Fargo’s (NYSE:WFC) fraud cost 5,200 employees their jobs and the bank suffered $185-M in fines, […]






The WB and BRICS’ NDB Bank Align for Expanded Development

The WB and BRICS’ NDB Bank Align for Expanded Development






The WB and BRICS’ NDB Bank Align for Expanded Development Friday, the World Bank Group and the New Development Bank (NDB) set up by the BRICS nations signed a MOU (memorandum of understanding) to strengthen their cooperation in addressing global infrastructure needs. The memorandum, signed by World Bank Group President Jim Yong Kim and NDB […]






Westpac Banking Corporation Ordinary Shares(ASX:WBC) HEFFX Outlook

Westpac Banking Corporation Ordinary Shares(ASX:WBC) HEFFX Outlook






Westpac Banking Corporation Ordinary Shares(NZE:WBC) HEFFX Outlook HEFFX Notes Westpac Banking Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 32.03. The projected lower bound is: 29.07. The projected closing price is: 30.55. WESTPAC closed down -0.490 at 30.560. Volume was 63% […]






Commonwealth Bank of Australia (ASX:CBA) HEFFX Outlook

Commonwealth Bank of Australia (ASX:CBA) HEFFX Outlook






Commonwealth Bank of Australia (ASX:CBA) HEFFX Outlook HEFFX Notes Commonwealth Bank of Australia Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 75.39. The projected upper bound […]






National Australia Bank Ltd. (ASX:NAB) HEFFX Outlook

National Australia Bank Ltd. (ASX:NAB) HEFFX Outlook






National Australia Bank Ltd. (ASX:NAB) HEFFX Outlook HEFFX Notes National Australia Bank Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 26.61. The projected upper bound is: 28.26. […]






Bank of America Corp(NYSE:BAC) HEFFX Outlook

Bank of America Corp(NYSE:BAC) HEFFX Outlook






Bank of America Corp(NYSE:BAC) HEFFX Outlook HEFFX Notes Bank of America Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 14.60. The projected upper bound is: 16.68. […]






Industrial and Coml Bank of China Ltd(HKG:1398) HEFFX Outlook

Industrial and Coml Bank of China Ltd(HKG:1398) HEFFX Outlook






Industrial and Coml Bank of China Ltd(HKG:1398) HEFFX Notes Industrial and Coml Bank of China Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 4.56. The projected upper […]






China Construction Bank Corporation(HKG:0939) HEFFX Outlook

China Construction Bank Corporation(HKG:0939) HEFFX Outlook






China Construction Bank Corporation(HKG:0939) HEFFX Outlook HEFFX Notes China Construction Bank Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 5.41. The projected upper bound is: 6.02. The […]






Bank of China Limited(HKG:3988) HEFFX Outlook

Bank of China Limited(HKG:3988) HEFFX Outlook






Bank of China Limited(HKG:3988) HEFFX Outlook HEFFX Notes Bank of China Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3.27. The projected upper bound is: 3.63. The […]






Bank of America (NYSE:BAC) Trending Upwards

Bank of America (NYSE:BAC) Trending Upwards






Bank of America (NYSE:BAC) Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 14.32. The projected upper bound is: 16.06. The projected lower bound is: […]






Bank of China Ltd (HKG:3988) Trading Outlook

Bank of China Ltd (HKG:3988) Trading Outlook






Bank of China Ltd (HKG:3988) Trading Outlook HEFFX Notes Bank of China Ltd Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3.21. The projected upper bound […]






China Construction Bank Corporation (HKG:0939) Trading Outlook

China Construction Bank Corporation (HKG:0939) Trading Outlook






China Construction Bank Corporation (HKG:0939) Trading Outlook HEFFX Notes China Construction Bank Corporation Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 5.90. The projected lower bound is: 5.45. The projected closing price […]






China’s Central Bank Injects Liquidity Into Market

China’s Central Bank Injects Liquidity Into Market






China’s Central Bank Injects Liquidity Into Market China’s central bank Monday pumped money into the inter-bank market to provide more liquidity. The People’s Bank of China (PBOC) put RMB 50-B (around US$7.6-B) into 7-day reverse repos, a process by which central banks purchase securities from banks with an agreement to sell them back in the […]






China Led AIIB, a New Multi-National Development Bank Meeting Expections

China Led AIIB, a New Multi-National Development Bank Meeting Expections






China Led AIIB, a New Multi-National Development Bank Meeting Expections Details of the operation and philosophy of the Asian Infrastructure Investment Bank (AIIB) show that it is meeting expectations to lead development cooperation as a new type of multilateral financial institution. Addressing the AIIB Board of Governors Saturday, the bank’s President Jin Liqun said that […]






Saudi Arabia Engaged HSBC Banker to Manage Bond Sale

Saudi Arabia Engaged HSBC Banker to Manage Bond Sale






Saudi Arabia Engaged HSBC Banker to Manage Bond Sale Fahad Al Saif has become the 2nd HSBC banker to be appointed to a government role in recent months It was reported Tuesday that Saudi Arabia has engaged HSBC Holdings banker Fahad Al Saif to start a debt management office responsible for the Kingdom’s 1st international […]






China: Supply-side Reforms to Help Expand the Economy

China: Supply-side Reforms to Help Expand the Economy






China: Supply-side Reforms to Help Expand the Economy China’s supply-side reform will unlock new sources of growth to help the economy fend off downward pressures amid a fading global economic recovery, Swiss bank UBS said. China’s economy expanded 6.7% Y-Y in Q-1, slowing further from the previous Quarter. Despite the downward trend, the government is […]






FOMC Keeps Threat of Interest Rate Hike “In the Mix”

FOMC Keeps Threat of Interest Rate Hike “In the Mix”






FOMC Keeps Threat of Interest Rate Hike “In the Mix” $DIA, $SPY, $QQQ, $VXX Wednesday afternoon, the US Fed kept interest rates unchanged, and indicated their confidence in the anemic US economy, thus keeping the door open to a hike in June. The FOMC said the labor market had improved despite a recent economic slowdown […]






ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy

ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy






ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy $DIA, $SPY, $QQQ, $VXX Thursday, European Central Bank (ECB) President Mario Draghi ignored German criticism of the central bank’s ultra-loose monetary policy and vowing to use all the “tools” at his disposal for “as long as needed.” He said the ECB’s policy was working, which helped boost […]






Donald Trump Would Sack Fed Chairwoman Janet Yellen

Donald Trump Would Sack Fed Chairwoman Janet Yellen






Donald Trump Would Sack Fed Chairwoman Janet Yellen $DIA, $SPY, $QQQ, $VXX Donald Trump likes low interest rates, but as President he would look to replace Federal Reserve Chairwomwn Janet Yellen. “I think she’s done a serviceable job,” Mr. Trump told Fortune Magazine in an interview that will be published this week. “I don’t want […]