Noted for your morning ruminations or procrastination. The Oil Crash Is Making The Strong Stronger A survey of 225 companies by Barclays, a bank, forecasts that if crude settles in a range of $50-60 a barrel (it was below $50 in the middle of this week) the industry worldwide will cut its capital spending by…
The last week had lots of fire works Many of the economic reports were noteworthy but the biggest bang came from central banks. You can see our review of those days here (Jan 19, Jan 20, Jan 21, Jan 22, Jan 23). The coming week also has it own fair share of activities scheduled. The United…
The market volatility continued this week and it was best demonstrated by the Shanghai Composite Index, the stock market index of all stocks traded at the Shanghai Sock Exchange. In 2014, Shanghai Composite was the best index returning +52.9%. During the last 90 days of the year, it was up almost +40%. By the end of second week of…
Noted for your weekend ruminations or procrastination. Disinflation And Weaker Growth Put Pressure On Asian Central Banks Chinese factories were forced to cut prices for the sixth straight month in January to sell their products, while economic growth in South Korea slowed sharply, raising the prospect of more policy easing from major central banks in…
Many economic reports came out today. Some painted good pictures and some painted bad pictures for their respective economies. Euro Zone The economic activities in the two major economies, Germany and France, are not improving tremendously. The EZ’s Flash Manufacturing and Services PMI came in line at 51.0 and 52.3 respectively. Belgian NBB Business Climate was -8.8 below…
Noted for you morning ruminations or procrastination Why The China Pessimists Will Be Proved Wrong Sustainable quality growth is the watchword for 2015. There is a near consensus that China’s economic growth will cool further in 2015. Some analysts are predicting a growth target of about 7.3% this year, but many think the official growth target is…
Euro Zone Today, the European Central Bank came out with its big bazooka. It announced a bigger than expected expansion of the quantitative easing and kept the Minimum Bid Rate at the current level of 0.05%. The Euro Zone Consumer Confidence came at -9, which was better than the forecast of -11 and last month’s reading of -11.…
The expansion of the quantitative easing by the ECB has put a renewed pressure of the greenback to go up. Mind you euro is the biggest component of the dollar basket and the QE has been hugely negative for the euro. When the U.S. dollar goes up then naturally the commodities priced against it will go…
For the past few days if not weeks, the global market had been abuzz with the impending QE by the European Central Bank. Some days the market was going up and other days it was going down and people were somehow blaming that on the event. People were wondering whether it will be too small, too late? Experts were…
Trade of The Day is a compelling idea based upon our selection criteria. Today’s idea has outperformed the S&P 500 over the previous 4-weeks, 13-weeks and 52-weeks periods. Signup to find out more.
You must be logged in to post a comment.