Tag Archives: Technical Analysis

            Rather than have a longer, common theme to this week’s column, I have several smaller stories.  Hence, “Bond Market, Potpourri.” The Big Sell-off in the 10-Year

            This week was light on the U.S. economic news front; there were only two releases of import: retail sales and CPI.             Retail sales were strong: they increased .4% M/M and 5.4% Y/Y.  Ex-auto, the numbers were .4% and 6.3% respectively.  Here’s the data in graph form:

            Earlier this week, the OECD released their latest general assessment of world economy.  The report noted that this was the best year for global growth since the Great Recession with the expansion synchronizing across countries.  But while more countries are now growing (left chart), the pace of per capita growth […]

December data included positive retail sales and muted consumer inflation. Producer prices actually declined slightly.  

KUALA LUMPUR (Jan 13): The Edge weekly in its latest edition said Malaysians should be happy that global demand for semiconductors has moved beyond smartphones…

The dollar perked up briefly following warmer U.S. core CPI and solid retail sales figures, though as has been the case for a month, sellers quickly took charge. EUR-USD had fallen to 1.2111 lows after the data, though later vaulted to three-plus year highs of 1.2157. USD-JPY bounced from opening lows of 111.15 to a […]

The euro rallied to fresh highs on news of a breakthrough in coalition talks in Germany, which followed yesterday’s ECB minutes, which many interpreted as being hawkish. EUR-USD traded above 1.2700 for the first time since December 2014, and EUR-CHF also forayed into 37-month high territory. The dollar bore the brunt of euro buying, and […]

The dollar has remained on a softening tack, with the narrow trade-weighted USD index (DXY) extending yesterday’s declines from levels around 92.50 to a 91.75 low today,, which matches the four-month low that was posted on January 2. The greenback has logged fresh lows versus the euro, sterling and Australian dollar, among other currencies, in […]

OVERVIEW The Euro hit a three year high against the US Dollar in early trade on successful German coalition. The Pound hit its highest level against the Dollar since the Brexit Referendum. Canadian central bank interest rate hike probability hits 86%. HIGHLIGHT

(Jan 12): Americans are living in a political “bubble” by personalizing their respective media streams, according to former President Barack Obama. People who watch Fox News…

SHANGHAI (Jan 12): China’s blockchain-related companies extended their bullish run on Friday, as punters brushed aside concerns raised by regulators about the rationality of stock…

KUALA LUMPUR (Jan 12): Increasing investments is also an important driver of economic growth, former Bank Negara Malaysia deputy governor Tan Sri Lin See Yan…