Economist are Bullish on Global Growth

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]

President Trump ‘Sanctions’ Socialist Europeans

President Trump ‘Sanctions’ Socialist Europeans

President Trump ‘Sanctions’ Socialist Europeans Thursday night, a frightened Emmanuel Macron told US President Donald Trump that tariffs on steel and aluminium imports from the European Union were “illegal” and that the EU would respond in a “firm and proportionate manner.” The call between the young French President and President Trump came after the US […]

Expect Italy’s New anti-Establishment Government to ‘Dump’ Euro

Expect Italy’s New anti-Establishment Government to ‘Dump’ Euro

Expect Italy’s New anti-Establishment Government to ‘Dump’ Euro $EUR Thursday, just a few minutes after the announcement on of a deal on a new anti-establishment government in Italy, 1 of its leaders attacked a top Eurozone official for comments he deemed racist in a fresh sign of cracked relations with Brussels. In a conference Thursday, […]

Italy’s Deepening Political Crisis May Drive Gold North

Italy’s Deepening Political Crisis May Drive Gold North

Italy’s Deepening Political Crisis May Drive Gold North $GLD,  $SLV The deepening political crisis in Italy that provoked a 2nd day of heavy selling on European financial markets. Italy’s President set the country on a path to early elections on Monday, appointing a former IMF official as interim PM with the task of planning for […]

As the EU Splinters, ECB’s Draghi Pleads for Currency Reform

As the EU Splinters, ECB’s Draghi Pleads for Currency Reform

As the EU Splinters, ECB’s Draghi Pleads for Currency Reform $EURUSD European Central Bank President Mario Draghi Friday called for greater central government interference in capital markets, stating his desire for a fiscal instrument that would alleviate crisis-driven stress on weaker countries. The Head of the European Central Bank (ECB) is urging political leaders to […]

World Stocks Headed to the 12th Month of Gainers

World Stocks Headed to the 12th Month of Gainers

World Stocks Headed to the 12th Month of Gainers $BP, $RYAAY, $BNPQY World stocks headed for a record 12th month of gains Tuesday, as a 5.5 month high in European stocks and records elsewhere underscored one of the most robust Bull markets in history. Europe’s latest rally came as figures from the once-fragile Eurozone showed […]

European Central Bank Facing Continuing Challenges

European Central Bank Facing Continuing Challenges

European Central Bank Facing Continuing Challenges The European Central Bank (ECB) facing continuing challenges when its Governing Council meets Thursday in Estonia. The Eurozone’s central bank is likely to err on the side of prudence by avoiding any notable reduction in monetary stimulus, even though the arguments points to a different policy direction. The argument […]

ECB’s Draghi Cautiously Upbeat on Eurozone

ECB’s Draghi Cautiously Upbeat on Eurozone

ECB’s Draghi Cautiously Upbeat on Eurozone The Head of the European Central Bank (ECB) says that risks to the strengthening economy of the 19-country Eurozone have fallen insisting it is too early to declare victory and start withdrawing stimulus measures. Mario Draghi said in remarks delivered Wednesday in the Dutch Parliament that recent data confirm […]

EUR Rallies on Macron Presidential Victory

EUR Rallies on Macron Presidential Victory

EUR Rallies on Macron Presidential Victory $EURUSD EUR rallied to $1.1023 from $1.0998 in early Asia-Pacific Forex trading Monday after pro-European centrist Emmanuel Macron, 39 anni, won the French Presidency, scoring a victory over far-right rival Marine Le Pen. The single currency reached its highest mark since November on Mr. Macron’s win, but the gains […]

Eurozone Struggling to Overcome Anti-establishment Forces

Eurozone Struggling to Overcome Anti-establishment Forces

Eurozone Struggling to Overcome Anti-establishment Forces $EURUSD Italian Prime Minister Matteo Renzi, 41 anni, resigned after suffering a crushing defeat Sunday in a referendum on constitutional reform, tipping the Eurozone’s 3rd-largest economy into political uncertainty. PM Renzi’s decision to quit after just 2.5 years in office deals a blow to the EU, already reeling from […]

There is ‘Gloom & Doom’ in the Eurozone Business Sector

There is ‘Gloom & Doom’ in the Eurozone Business Sector

There is ‘Gloom & Doom’ in the Eurozone Business Sector While the Eurozone economy has proved resilient to multiple uncertainties such as Brexit, Key business surveys in Europe’s 2 biggest economies, Germany and France has poured a bucket of cold water on the rising optimism. The Ifo Business Climate Index, which is a highly-regarded early […]

HeffX-LTN FX Report (Daily)

HeffX-LTN FX Report (Daily) $EURUSD, $GBPUSD, $USDJPY, $USDCHF, $AUDUSD, $NZDUSD The USD trimmed gains but remained supported Vs the other peer currencies Wednesday, as FX investors became more cautious ahead of the minutes of the Federal Reserve’s most recent policy meeting due later in the day. USDJPY climbed 0.49% to 109.68. FX market participants were […]

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 […]