Demand for mortgages continues to be robust, particularly when charges drop — and a very good proxy for demand for residence possession. 2018 was a rocky yr for the housing market, and lots of media stories — together with from MarketWatch — speculated that the top of the cycle had been reached. About a […]
Asian markets rose in early buying and selling Monday after encouraging financial information from China. China’s official purchasing managers index, launched Sunday, confirmed that the nation’s manufacturing sector rebounded strongly in March, to a six-month excessive of 50.5, from 49.2 in February. Later, the personal Caixin China manufacturing purchasing managers index rose to 50.eight in […]
Anticipating a reduce in U.S. company tax charges, Wall Street analysts late final yr ratcheted up earnings estimates for 2018, forecasting an 18% improve in income, however declining cash-flow progress stays problematic for markets, based on Société Générale’s Andrew Lapthorne. In a word to buyers, he identified that regardless of continued financial progress and a […]
Pharma inventory TEVA provides us one more reason why we should always NOT battle tendencies in movement. It additionally reminds us why we adopted our core technique precept at Afraid to Trade: “Weak stocks tend to get weaker; Strong stocks tend to get stronger.” Let’s see what simply occurred with the large hole down and […]
Fundamental Forecast for GBP/USD: Bearish – UK election end result enormously complicates the Brexit negotiations, that are inevitably poised to be checked out within the “hard landing” end result as soon as once more. – Political danger premium within the UK ought to stay elevated for the foreseeable future as one other common election can’t […]
SOURCE: Commodities – Read complete story here.
US Senate Intelligence Committee Chairman Richard Burr lately made headlines when he stated: “The Russians are actively involved in the French elections.” But that was not information to the French. One of their main candidates for president, Marine Le Pen, had simply returned from a gathering with Russian President Vladimir Putin in Moscow. The French […]
The American Petroleum Institute (API) reported a draw of 840,000 barrels in United States crude oil inventories, in comparison with analyst expectations for a more healthy crude oil draw of 1.5 million barrels. While that information is especially surprising, gasoline inventories noticed a fairly sudden construct of 1.374 million barrels—analysts have been anticipating a 2.2-million-barrel […]