Oil prices are responding positively to an extension of the current OPEC/Non-OPEC production deal, especially because Nigeria and Libya agreed to cut production, but a monthly repo...
USD/JPY The US dollar rallied significantly during the trading session on Thursday, breaking above the vital 112 level. By doing so, it looks as if we are ready to continue rallyin...
“Basically, the decline in the velocity of money is due to math rather than economic dysfunction, and it’s not necessarily a signal of economic trouble.” (The Independent...
USDCHF pair backed off higher prices on Thursday leaving risk to the downside. On the downside, support lies at the 0.9800 level. A turn below here will open the door for more weak...
In her last testimony before Congress as head of the Federal Reserve, Janet Yellen made a curious statement: “I would simply say that I am very worried about the sustainability o...
The release of the manufacturing PMIs confirms that the synchronized global expansion remains intact. The focus today is on three unresolved political challenges: US tax reform, ...
Markets were thrown for a loop in the past 24 hours, with the Dow first soaring nearly 400 points on Thursday on expectations that tax reform was a done deal, when drama emerged ju...
US stocks resumed the lead in November as the top performer for the major asset classes. The Russell 3000 Index gained 3.0% last month, the strongest advance since February and the...
The USD/JPY made a diving board pattern straight from 111.70 zone and it is consolidating now at 38.2 of the previous swing low. The price is supported by 38.2, D L3, W H4 and doub...
An economist’s perspective on the flawed logic behind the proposed 2017 tax bill, and what policy makers could do to encourage U.S. economic growth. It started as a tax cut. Now ...