GOLD UPDATE
A significant breakdown took place today on Gold prices which indicates further weakness ahead. As can be seen from the first chart below, the upward trend line that has been…
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Posts by month
July 2017
7 posts
China’ Foreign Exchange Reserves post a Seventh straight gaining August
China’s foreign-exchange reserves posted a seventh straight gain in August as the yuan rose in its best monthly performance in at least a decade. China’ reserves climbed $11 billion to $3.09 trillion, the…
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Bank Of China’s Quarterly Profits Surges 23 % as Bad Loans Curbed
Bank of China Ltd., the nation’s fourth- largest lender, posted a 23 percent surge in second-quarter profit after curbing bad loans and expanding its lending margin. Net income for the three months through…
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A STRONG EURO IS MARIO DRAGHI’S WORST NIGHTMARE
Today’s ECB meeting and Mario Draghi’s Press Conference were eagerly watched by the financial markets with analysts looking for signs that the ECB would plan for a tapering of their…
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Hong Kong Shares Lead Global Rally to Record Highs
Strong US employment and factory orders and great earnings fromm Apple Inc. led global stocks to new all-time highs last week. The rally was paced by Hong Kong Listed Chinese…
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Stock to Bond Ratio Back to 2007 Highs
As 1Q17 finishes with a gain in the books, the stock to bond performance ratio has also broken to a new cycle high, elevating to levels not seen since mid-2007.…
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Monetary Tightening can Take Many Forms
The US Treasury market has shrugged off the news in the latest FOMC minutes that the Committee may begin to alter its reinvestment policy later this year. Nonetheless, we still…
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