Malaysian Ringgit (MYR) Come Back

Malaysian Ringgit (MYR) Come Back






The Malaysian ringgit rebounded against the US dollar on Thursday (Jul 27), benefitting from the Federal Reserve’s decision to keep its interest rates low longer, a dealer said. At 6pm local time, the local unit stood at 4.2760/2790 against the greenback compared with Wednesday’s close of 4.2825/2865. The dollar fell to a 2-1/2 year low against the euro and a 13-month trough against […]






SEC Set to Crackdown on Digital Currency Operators

SEC Set to Crackdown on Digital Currency Operators






SEC Set to Crackdown on Digital Currency Operators $ETHUSD, $BTCUSD Tuesday, Wall Street’s main regulator said that ICO’s (initial coin offerings), a means of crowdfunding for blockchain technology companies, should be subject to the same safeguards required in traditional securities sales. ICOs have become a bonanza for digital currency entrepreneurs, allowing them to raise millions […]






Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold






Russia and China Setting Up to Transact Energy Business in Gold $GLD, $OIL, $USD, $CNY Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions with China using Gold as a means of marginalizing the […]






Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here






Think Portfolio Insurance When Buying Gold in Here $GLD, $USD Gold (NYSEArca:GLD) is ranged within 1,190 and 1250 oz short term as the metal tracks US real interest rates. “We’re not saying we have a Bullish bias; we’re not saying we have a bearish bias,” siad executive director for commodities and foreign exchange at UBS […]






Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs






Global Stock Investors Seeing Record Market Highs $DIA, $SPY, $DAX, $DJSH, $N300, $NSEI Year to Date (YTD) investors in global stock markets are seeing record highs. Record marks for the widely-followed country indexes occurred in the context of notably low volatility, adding to investor comfort and a sense of accomplishment. All of this was accompanied […]






Central Banks Turn “Hawkish”, JPY Carry Trade Emerges

Central Banks Turn “Hawkish”, JPY Carry Trade Emerges






Central Banks Turn “Hawkish”, JPY Carry Trade Emerges $GBP, $USD, $EUR, $JPY, $CAD Cable, Loonie and EUR all rose last week on Hawkish comments from central bankers. The BOE Governor Mark Carney said it is not the time of rate hike yet. Then indicated the BOE MPC will start debating raising interest rate in the […]






Bitcoin (cryptocurrencies) Emerges as a New Asset Class 

Bitcoin (cryptocurrencies) Emerges as a New Asset Class 






Bitcoin (cryptocurrencies) Emerges as a New Asset Class $GLD, $USD, $BTC No asset has evolved from concept to storing billions of dollars as fast as Bitcoin. In the 7 years since inception, a robust ecosystem has developed. Retail traders have the infrastructure to drive over $1-B in daily liquidity while professionals can access tailored financial […]






The Solid Reasons for Gold in an Investment Portfolio

The Solid Reasons for Gold in an Investment Portfolio






The Solid Reasons for Gold in an Investment Portfolio $GLD,  $SLV,  $ABX,  $EXCFF,  $SLW, $SPY Gold got crushed in The Trump Election rally post election, but a little over 5 months into Y 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far. While the outlook for the […]






Euro (€) Affects On The US Dollar ($) (EURUSD)

Euro (€) Affects On The US Dollar ($) (EURUSD)






On June 23, 2016, British voters will determine whether the United Kingdom will leave the European Union, and foreign exchange (forex) traders are collectively holding their breath. If the Leave movement succeeds, most experts predict tough times for the U.K. currency. Speculation ranges from an outright collapse of the British pound to a mild and […]






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High

The Bitcoin Bonanza, the Cryptocurrency Marks a Record High






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High $GLD, $BTCUSD $100’s worth of Bitcoins 7 years ago are now valued at nearly $80-M Bitcoin has more than 2X’d this year compared against the USD, reaching a record high of $2,190.45/each Monday, the 7-year anni of Bitcoin Pizza Day. The Day commemorates the time a […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20943.11,-0.16% came off as expected and could test to 20780 near term before bouncing. A test of higher marks near 21000 may be delayed a bit. DAX at 12757.46, +0.07% is set to test 13000 […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20975.78, -0.17% tested 21050 on the Northside before coming off. Some profit taking is possible in the 21050-21100 area now with a possible extension of the current run towards 21200. Some corrective dip is preferred […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall globally stocks are mixed. China looks negative, Europe and US looks potentially Bullish. Japanese and Indian stocks could remain ranged near term. PE DJIA at 21012.28, +0.03% is stable, trying to move North towards 21050-21100 in the next […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Emmanuel Macron wins the final round of the French elections to become the youngest President, winning by a fair margin of 66% to 34% against Marine Le Pen, as per the results released Sunday night.PE DAX at 12716.89, +0.55% make […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new. PE DJIA at 20951.47, -0.03% finished lower and lack of any directional momentum now keep the price stable. While trading below 21000, we could expect a test of 20800-20600 before starting to rise again. DAX at 12647.78, […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary:  The stock markets are stable and no real impact is seen after the FOMC Wednesday as it kept rates unchanged and reiterated its maintenance of the existing policy. PE DJIA at 20957.90, +0.04% is seeing difficulty to move above […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary:  The Japanese markets are closed, and all other major markets are trading very quietly, mostly waiting for the FOMC comments due this afternoon and the 2nd round of the French Presidential election Sunday. PE DJIA at 20949.89, +0.17% stuck […]






Central Banks are Monetizing Stocks and Bonds

Central Banks are Monetizing Stocks and Bonds






Central Banks are Monetizing Stocks and Bonds $DIA, $SPY, $QQQ, $GLD, $SLV Following this market is an exercise in frustration.  Last week, DJIA (DOW) appeared ready to roll over.  I expected the Dow  to be closer to its -5% line than its -2.5% line at the close of this week. But, as you can see […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary:  Almost all stocks are stable and could consolidate in here. Resistances are seen just above current marks, a pullback is possible in here: PE DJIA at 20981.33, +0.03% stable Thursday, is not attempting to rise above 21000 yet, target […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The tax plan released by US President Trump Wednesday proposed to slash business taxes. It proposed to cut income tax rate from 39.6% to 35%, reduce corporate tax from 35% to 15% and to reduce the 7 tax brackets […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The US markets are up ahead of the tax reform statement from US President Trump Wednesday. PE DJIA at 20996.12, +1.12% looks Bullish and could see 21200 near term. DAX at 12467.04, +0.10% holding above 12390, but is close […]






Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $WEAT, $CORN, $SOYB Tuesday, Chicago Board of Trade (CBOT) agriculture grains futures finished mixed with Corn futures rising for a 2nd straight session on a slower-than-average start to planting in the United States and forecasts for Midwest rains that will stall further progress. Soybean prices retreated after hitting a 3-week […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Results of the 1st round of French elections brought in hopes to the investors throughout the world except China. Mr. Macron would face off with Ms. Le Pen for the 2nd round on 7 May, but stocks could see […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA loing to open up significantly, as The Trump Rally extends. PE DJIA at 20547.76, -0.15% sees 1st support near 20370-20350, which could be tested in the coming sessions. Thereafter a rise back towards 20600-20700 is possible in the longer run. […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) HEFFX Trading Outlook

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) HEFFX Trading Outlook






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.59. The projected lower bound is: 34.08. The projected closing price is: 34.34. FOREX THB= closed down -0.030 at 34.350. Volume was […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Almost all major indices have bounced from 1st support marks and may move further North near term.PE DJIA at 20578.71, +0.85% bounced from support near 20400, a rise towards 20700 is seen near term. DAX at 12027.32, +0.09% up from […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20404.49, -0.58% closed below 20410, the immediate price momentum indicates the possibility of a further fall towards 20250-20200 in the next 1-2 sessions. DAX at 12016.45, +0.13% trading just above 1st support at 1960-11930, […]






Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) HEFFX Outlook

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) HEFFX Outlook






Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) HEFFX Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.60. The projected lower bound is: 34.09. The projected closing price is: 34.35. FOREX THB= closed up 0.040 at 34.360. Volume was 37% below […]






US President Trump Not “Talking Down” the USD

US President Trump Not “Talking Down” the USD






US President Trump Not “Talking Down” the USD $DIA, $SPY, $QQQ, $VXX US President Donald Trump is “absolutely not” trying to talk down the strength of the USD, Treasury Secretary Steven Mnuchin was quoted as saying Wednesday. Trump said last week in an interview with the WS-J that the dollar was “getting too strong,” and […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: US-North Korea tensions, the French elections and news of the UK snap elections on 8 June adding on to the news  keeping the global indices in caution mode. European stocks saw a sharp fall Tuesday and may not rise […]






British Pound (£) ⇨ US Dollar ($) Technical Analysis

British Pound (£) ⇨ US Dollar ($) Technical Analysis






Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.24. The projected upper bound is: 1.30. The projected lower bound is: 1.26. The projected closing price is: 1.28. Candlesticks A big white candle occurred. This is generally […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Some recovery seen in most indices, but need price confirmation to say that the corrective phase is over, or there could be some more Southside action near term. PE DJIA at 20636.92, +0.90% bounced from support near 20410 halting a […]






Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Thailand HEFFX Outlook (16/4/17)

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Thailand HEFFX Outlook (16/4/17)






Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Thailand HEFFX Outlook (16/4/17) Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.58. The projected lower bound is: 34.08. The projected closing price is: 34.33. FOREX THB= closed down -0.020 at 34.340. Volume was […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: 4-month lows seen in Nikkei, Shanghai may see a short dip near term. DJIA may keep up sideways action, DAX looks Bullish. PE DJIA at 20591.86, -0.29% came down a bit Wednesday, 20500-20410 is an important near term support […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks are mixed overall, with some room to rise seen for the coming sessions.PE DJIA at 20651.30,-000.03% bounced from near term support near 20510. While that holds, DJIA could bounce back towards 20780 in the next 2 sessions. DAX […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Geo-political situation unchanged, Asia-Pac: Chinese and Japanese stocks looking weak. PE DJIA at 20658.02, +0.01% stable and in a sideways consolidation mode as expected. Some steady movement in the 20780-20500 region is possible in the next couple of sessions […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None. PE DJIA at 20656.10, -0.03% in here. The last 2 daily candles indicates a stable movement near term. We may expect some sideways consolidation in the coming sessions. DAX at 12225.06, -0.05% is trying to move North towards […]






The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs






The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs $DIA, $SPY, $QQQ, $VXX The US trade deficit fell more than expected in February as exports increased to a 2 year high and slowing domestic demand weighed on imports. The narrowing in the trade gap comes as The Trump Administration is pushing ahead with […]






Brexit: Theresa May Triggers Article 50 of the Lisbon Treaty Wednesday

Brexit: Theresa May Triggers Article 50 of the Lisbon Treaty Wednesday






Brexit: Theresa May Triggers Article 50 of the Lisbon Treaty Wednesday $GDPUSD UK PMTheresa May will trigger Article 50 of the Lisbon treaty Wednesday, 29 March, thus starting the 2-year Brexit negotiation process with the EU. The EU leaders will hold a Summit on 29 April to adopt Brexit guidelines. There are 3 possible situations […]






They Call it “Monetary Policy”

They Call it “Monetary Policy”






They Call it “Monetary Policy” $DIA,  $SPY, $GLD,  $SLV The Dow Jones made its last all-time high on March 1st, and since then its valuation has been slowly deflating.  It closed this week only nine Dow Points away from breaking below its BEV -2.50% line in the chart below. After the amazing 32 new daily […]






US Markets Do Not Fully Reflect Growth Prospects

US Markets Do Not Fully Reflect Growth Prospects






US Markets Do Not Fully Reflect Growth Prospects $DIA, $SPY, $QQQ, $VXX US  assets are the most attractive assets to invest in on a global basis. Treasury Secretary Steven Mnuchin said Friday that he believes that financial markets could improve “significantly” once they fully reflect economic-growth potential from President Donald Trump’s strategy and policies. Sec. […]






Dubai: Gold Hits 2-Week High as USD Falls

Dubai: Gold Hits 2-Week High as USD Falls






Dubai: Gold Hits 2-Week High as USD Falls  $GLD Spot Gold price forecast to range between 1,228 and 1,247 oz Gold jewelry prices in Dubai spiked Monday, as the USD fell in the aftermath of the recent Fed dovish interest rate adjustment. Bullion retailed Monday by as much as Dh10/gram when compared to the prices […]






The Fed: Yellen Talks Rates

The Fed: Yellen Talks Rates






Janet Yellen on Friday signaled that an interest rate hike in this month’s monetary policy will likely be appropriate, if the economy progresses in line with officials’ expectation. “At our meeting later this month, the (Federal Open Market) Committee will evaluate whether employment and inflation are continuing to evolve in line with our expectations, in […]






President Donald Trump is in The Gold Bulls Camp

President Donald Trump is in The Gold Bulls Camp






President Donald Trump is in The Gold Bulls Camp $GLD, $SLV, $USD Statements last week by US Treasury Secretary Steven Mnuchin put The Trump Team in the Gold Bulls Camp Last Friday, Gold charged North for the 5th day running in heavy trade as the Trump-trade on financial markets begin to unwind, the USD weakens and interest […]






US Dollar ($) ⇨ Japanese Yen (¥)(USDJPY) Japan HEFFX Outlook

US Dollar ($) ⇨ Japanese Yen (¥)(USDJPY) Japan HEFFX Outlook






US Dollar ($) ⇨ Japanese Yen (¥)(USDJPY) Japan HEFFX Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 112.89. The projected upper bound is: 114.48. The projected lower bound is: 109.66. The projected closing price is: […]






Here is the Proof, Rising Interest Rates are Good for Gold

Here is the Proof, Rising Interest Rates are Good for Gold






Here is the Proof, Rising Interest Rates are Good for Gold $GLD,  $USD, $XAUUSD You will recall that when the Fed raised interest rates in December, and the publicly spoke its plan to do so 3X more times in Y 2017, the conventional wisdom suggested gold should fall. The theory: Gold is a non-yielding asset, […]






FLASH Update: China “Grand Champions” of Currency Manipulation

FLASH Update: China “Grand Champions” of Currency Manipulation






FLASH Update: China “Grand Champions” of Currency Manipulation $CNY, $USD, $USDCNY FLASH: US President Donald Trump declared China the “Grand Champions” of currency manipulation Thursday, just a few hours after his new Treasury Secretary, Steven Mnuchin, pledged a more methodical approach to analyzing Beijing’s Fx (foreign exchange) practices. In an exclusive interview with Reuters, President Trump […]






Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures close mixed Tuesday, with Soybean futures heading lower for a 3rd session running, reversing from early strength to touch a 2-week low on expectations for large South American Soybean harvests. Wheat futures were also lower, Corn firmed, supported by […]






Chicago Agriculture Commodities Finished Lower






Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished lower Thursday, retreating from early strength on profit-taking after each market set multi-month highs. The most active Corn contract for March delivery fell 5.25 cents, or 1.39%, to 3.735 bu. March Wheat delivery fell 7 cents, or 1.54%, […]






The Trump Rally Extends, S&P 500 Posts Another Record High

The Trump Rally Extends, S&P 500 Posts Another Record High






The Trump Rally Extends, S&P 500 Posts Another Record High $DIA, $SPY, $QQQ, $VXX Along with the S&P, the DJIA posted its 4th straight record close, the NAS Comp closed at a high for a sixth day running. MSCI’s all-country world index edged up 0.08%. Europe’s broad FTSEurofirst 300 index slipped 0.04%to snap a 5-session […]






‘America First’, the US Dollar and Gold

‘America First’, the US Dollar and Gold






‘America First’, the US Dollar and Gold $USD, $GLD A pillar of Donald Trump’s presidential campaign, and now policy formation, is “America First” So far, this has entailed withdrawing from possible participation in the Trans-Pacific Partnership (TPP), citing potential currency manipulators, and construction of The Wall along the Mexican border. A Key outcome for investors […]






US President Trump Set to Name China a ‘Currency Manipulator’

US President Trump Set to Name China a ‘Currency Manipulator’






US President Trump Set to Name China a ‘Currency Manipulator’ $USD, $CNY, $AAPL, $BA Experts warn investors that President Donald Trump will soon fulfill his campaign vow to label China a ‘currency manipulator’. “Some time in the next couple of weeks, we think it is likely that President Trump will declare China a currency manipulator […]






Gold Seeing Strong Support On Safe-Haven Flows, Weakening USD

Gold Seeing Strong Support On Safe-Haven Flows, Weakening USD






Gold Seeing Strong Support On Safe-Haven Flows, Weakening USD $GLD Political and economic uncertainties under the Trump Administration, coupled with a weakening USD since the beginning of the year, have led to a sharp rise in Gold prices for more than a month. Since late December, Gold has risen from its long-term lows around 1125 […]






The Fed is Breathing Life into Gold Bulls

The Fed is Breathing Life into Gold Bulls






The Fed is Breathing Life into Gold Bulls $GLD Thursday, volume and prices spiked on call options giving holders the right to buy Gold at higher prices. Wednesday, investors poured $413-M into SPDR Gold Shares (NYSEArca:GLD), the largest ETF backed by the metal, recouping almost 50% of the money that exited in January. The Fed […]






Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Monday with Soybean futures falling for a 3rd straight session on profit-taking after last week’s 6-month highs and improving weather outlook for Argentina. The most active Corn contract for March delivery fell 0.25 cents, or 0.07%, to […]






US Companies Profits Up, Some Will Top Expectations

US Companies Profits Up, Some Will Top Expectations






US Companies Profits Up, Some Will Top Expectations $SPY Earnings season in here, and US companies are set to report their strongest profit growth in 2 years, and just may justify Wall Street to extend its strong rally, as some participants anticipate that many companies will top expectations. Companies in the S&P 500 are expected […]






Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.08. The projected lower bound is: 1.04. The projected closing price is: 1.06. FOREX EUR= closed down -0.002 at 1.062. Volume was 95% below […]






China Is Capable of Dealing with the Rising US Trade Protectionism

China Is Capable of Dealing with the Rising US Trade Protectionism






China Is Capable of Dealing with the Rising US Trade Protectionism $UBS Chairman of Swiss bank UBS Axel Weber says that globalization is suffering setbacks, but China is capable of making up for the negative impact on its growth by using more domestic fiscal and monetary stimulus. “Globalization never happened in a straight line. There are […]






Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.08. The projected lower bound is: 1.04. The projected closing price is: 1.06. FOREX EUR= closed down -0.002 at 1.059. Volume was 92% below […]






Donald Trump’s Policies Translate to a Weaker USD & Stronger Gold Prices

Donald Trump’s Policies Translate to a Weaker USD & Stronger Gold Prices






Donald Trump’s Policies Translate to a Weaker USD & Stronger Gold Prices $USD, $GLD, $AAPL, $XOM US President Donald Trump’s basic tax reform will create huge incentives for Corporate America to move production onshore. That is a bad thing for those in the supply chain. It is a bad thing for Apple (NASDAQ:AAPL) and for […]






Chicago Agriculture Commodities Finished Lower Friday






Chicago Agriculture Commodities Finished Lower Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished lower Friday, extending losses in agriculture markets following quiet trade ahead of the Christmas Holiday weekend. The most active Corn contract for March delivery fell 1.5 cents, or 0.43%, to 3.4575 bu. March Wheat delivery fell 3.5 […]






Chicago Agriculture Commodities Finished Lower






Chicago Agriculture Commodities Finished Lower $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures finished lower Tuesday with Soybean futures tumbling to a nearly 1-month low, as rain in Argentina’s dry crop belts kept South America on track for a bumper harvest. The most active Corn contract for March delivery fell 3 cents, […]






Chicago Agriculture Commodities Finished Lower






Chicago Agriculture Commodities Finished Lower $CORN, $WEAR, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished lower Monday on profit-taking and expectations for more crop-friendly rainfall in Argentina. The most active Corn contract for March delivery fell 3 cents, or 0.84%, to 3.5325 bu. March Wheat delivery fell 4.25 cents, or 1.04%, to 4.05 […]






US Dollar Notched a 14 yr High Pumping The Trump Rally

US Dollar Notched a 14 yr High Pumping The Trump Rally






US Dollar Notched a 14 yr High Pumping The Trump Rally $EURUSD,  $GBPUSD,  $USDCHF, $USDJPY The USD rose to a 14-year high against a basket of peer currencies Thursday after the Fed boosted the number of projected interest rate hikes for Y 2017, adding fuel to The Trump Rally and hammering the EM (emerging market) currencies. […]






China, No Restrictions on Foreign Firms Cross Border Transfers

China, No Restrictions on Foreign Firms Cross Border Transfers






China, No Restrictions on Foreign Firms Cross Border Transfers $USDCNY China’s foreign exchange authority (SAFE) said last Friday that there are no restrictions on foreign firms’ cross-border profit transfers, responding to market concerns about tightened regulation over capital outflows. As China has realized convertibility under the current account, real international payments and transfers are not […]






Australia Dollar (A$) ⇨ US Dollar ($)(AUDUSD) HEFFX Trading Outlook

Australia Dollar (A$) ⇨ US Dollar ($)(AUDUSD) HEFFX Trading Outlook






Australia Dollar (A$) ⇨ US Dollar ($)(AUDUSD) HEFFX Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 66.54. The projected lower bound is: 64.31. The projected closing price is: 65.43. AUTWI closed up 0.100 at 65.400. Volume was -0% below […]






China Trying to Halt Capital Outflows, Market Bears “Smell Blood”

China Trying to Halt Capital Outflows, Market Bears “Smell Blood”






China Trying to Halt Capital Outflows, Market Bears “Smell Blood” $USDCNY China’s increasingly aggressive measures to clampdown on capital outflows has not gone unnoticed by US hedge-fund manager Kyle Bass. Mr. Bass is famed for his successful bet against the US housing market in the global financial crisis of Y’s 2007-2008, so markets monitor his […]






Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) HEFFX Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 1.08. The projected upper bound is: 1.09. The projected lower bound is: 1.06. The projected closing price is: 1.07. FOREX […]






November, a Pivotal Month in the History of Financial Markets

November, a Pivotal Month in the History of Financial Markets






November, a Pivotal Month in the History of Financial Markets $DIA, $SPY, $QQQ, $VXX, $GS, $JPM November marked a Key shifts for global financial markets, with a number of asset classes from financial stocks, emerging-market bonds to hard commodities staging sharp price swings in the space of just 3 weeks. Investors believe that the election […]






Bond Trader Signaling Coming Inflation

Bond Trader Signaling Coming Inflation






Bond Trader Signaling Coming Inflation The rout in the fixed-income arena deepened into the worst in 15 years as traders sounded the alarm on inflation amid speculation US President Elect Donald Trump’s spending pledges will boost economic growth. Yields on benchmark 10-year US Treasuries posted their steepest back-to-back weekly increase since Y 2001, and a bond-market […]






Mexico’s President Seeking Meeting with President Elect Trump

Mexico’s President Seeking Meeting with President Elect Trump






Mexico’s President Seeking Meeting with President Elect Trump Mexico is willing to hold talks with US President-elect Donald Trump to modernize the North American Free Trade Agreement, (NAPTA) President Enrique Pena Nieto said. Mexico will seek dialogue with the US on its trade relationship following comments made by Donald Trump during his campaign, President Pena […]






Chicago Agriculture Commodities Finished Higher






Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished higher Thursday on technical buying and strong weekly export sales. The most active Corn contract for December delivery rose 3.5 cents, or 1.03%, to 3.42 bu. December Wheat delivery added 6 cents, or 1.51%, to 4.03 bu. January […]






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 […]






Chicago Agriculture Commodities Finished Lower






Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grain futures finished lower Monday on a surging USD. and widespread selling in agriculture markets. The most active Corn contract for December delivery fell 3 cents, or 0.88%, to 3.3725 bu. December Wheat delivery dropped 9 cents, or 2.23%, to 3.94 […]






Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Monday with Soybean futures rising nearly 1% while Corn and Wheat falling due to caution ahead of Tuesday’s US Elections and a Key USDA supply-demand report. The most active Corn contract for December delivery fell 2.5 cents, […]