Taken as a whole, the minutes show that the Fed is starting to acknowledge that the main macroeconomic indicators are in a visible downtrend. Taking into account the sell-off seen in August in both equities and currencies, this isn’t something new to investors. However, the FOMC minutes hold something very important, outlined in the following [...]... (Continue reading)
On Tuesday and Wednesday, the macroeconomic calendar is packed with a long list of news releases, but in reality just a few of them really matter and have the strength to influence the market. By a large distance, Tuesday’s FOMC minutes will be the most important. If the Fed sees again evidence that growth in [...]... (Continue reading)
[ForexChaser.com] Tuesday is going to be a very interesting day for the world of macroeconomics and market fundamentals. First, we had the Bank of Japan interest rate meeting, then we had the recession warning from the San Francisco Fed and finally we will have the FOMC meeting. The day started with the Bank of Japan’s [...]... (Continue reading)
[The Helicopter Economics Investing Guide] The ‘Helicopter Economics Investing Guide’ is meant to help educate people on how to make profitable investing choices in the current economic environment. We have coined this term to describe the current monetary and fiscal policies of the U.S. government, which involve unprecedented money printing. This is the official blog [...]... (Continue reading)
[Forex Blog] With the onset of the Eurozone sovereign debt crisis this year, volatility levels in forex (as well as in other financial markets), surged to levels not seen since the height of the credit crisis. While volatility has subsided slightly over the last few months, it still remains above its average for the year, [...]... (Continue reading)
Apr.14.2010 The U.S. Retail sales were strong, while CPI came in just under the expected. The net may be long equities, consolidation on the dollar index, and anticipation to build ahead of the 2pm ET Beige Book that will show the FOMC discussions. Take care, Mr Bernanke gives Testimony at 10am ET, and that could [...]... (Continue reading)
Mar.31.2010 Book balancing at the end of Quarter 1 has created near-term volatility, that was aided by U.S. ADP private sector jobs numbers that were negative, at -23K, against the expected +40K read. Initial reaction was weaker equities, and forex moves that are stuck in the overnight range. EU infaltion has increased, as Unemployment moved to 10%. [...]... (Continue reading)
Mar.23.2010 The liquid, high grade corporate bond market has done well. While it broke the uptrend (A) it has moved in a sideways consolidation pattern for the last six months. There are two lines of support B and C. The junk bond market is in the same boat. While it has broken the uptreands of [...]... (Continue reading)
Mar.15.2010 Central banks will be in the main spotlight next week as policy meetings are scheduled in the United States, Japan, Turkey, Mexico, Chile, and Brazil, says Larry Greenberg of CurrencyThoughts.com. Catch Larry, and TheLFB trade team on ForexTV Live. The BOJ will probably ease quantitatively, and Brazil’s key Selic rate is likely to get raised. In [...]... (Continue reading)
Feb.24.2010 The Fed’s main concern is jobs. Its estimated range for GDP growth this year of 2.8% to 3.5% will not reduce unemployment, says Joseph Trevisani, Chief Market Analyst, FX Solutions. Catch Joseph, and TheLFB trade team on ForexTV Live. The Federal Reserve 25 basis point increase in the discount rate last Thursday to 0.75% was not a market moving event. [...]... (Continue reading)