Search Results for: Trump
Dollar Climbs to Strongest Since 2003 on Fed Path; Bonds Drop
December 16th, 2016
‘It feels like going long dollar is free money, no one loses’ Asian index futures diverge as yen drives haven-asset retreat The dollar rallied to its strongest level since 2003 against the euro, while gold plunged as the prospect ...
What Dow 20,000 means for stock-market investors
December 15th, 2016
What’s in a number anyway? That may be the question stock-market investors pose as the Dow Jones Industrial Average inches closer to the psychological milestone of 20,000. The Dow DJIA, +0.25% sold off on Wednesday as the Federal Open ...
Banks can continue to rally as rates rise, experts say
December 15th, 2016
Experts believe bank stocks still have a lot to gain, even though the sector has already rallied 21 percent in the last three months. The key sector ETF initially spiked 1 percent after the Federal Reserve announced on Wednesday ...
Elliott Wave Analysis: German DAX and USDCHF
December 14th, 2016
Elliott Wave Analysis: German DAX and USDCHF German DAX A sharp turn up on DAX from 10020 area was clearly an impulsive price move, based on personality and structure which confirms a completed correction from August highs. As such ...
FED expected to raise interest rates for the second time in 10 years
December 14th, 2016
Fed expected to raise interest rates but won’t tell market what it wants to hear The markets want to hear whether the Trump economy could jolt the Fed into a faster pace of interest rate hikes, but there’s little ...
Asian Stocks, Dollar Steady as Fed Day Arrives; Crude Retreats
December 14th, 2016
Asian Stocks, Dollar Steady as Fed Day Arrives; Crude Retreats Odds of a rate hike Wednesday have been at 100% all month Crude snaps four-day OPEC rally after U.S. supplies rise Markets were subdued during the Asian day as ...
Elliott Wave Analysis: Big Triangle Correction On USDCHF Completed; More Gains May Now Follow Towards The 1.0700/1.0750
December 13th, 2016
On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action since end of December of 2014. That said as we ...
Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered
December 13th, 2016
U.S. oil hovers below $53 a barrel after OPEC-fueled advance Shanghai share index declines as sovereign yield keeps rising Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered as investors weigh the impact of ...
Nikkei hits record high after Wall St boos
December 9th, 2016
Japan’s Nikkei index has hit a one-year high, boosted after Wall Street posted a record close overnight. This was part of a month-long rally since Donald Trump’s election victory and markets hope that he will introduce new stimulus measures ...
Lawyers less trusted than hairdressers – but more than pollsters
December 8th, 2016
Lawyers are less trusted to tell the truth than hairdressers or priests, but those who reach the bench soar in the public’s esteem. That is one finding of the Veracity Index, a poll undertaken by Ipsos Mori since 1983 ...