Technical Analysis »

  • Yield Differential Lags Currency Pair

    The Euro broke out above resistance levels and continued to move higher on Thursday recapturing the 1.38 level. The strength in the Euro has brought unwanted attention from finance ministers who are starting to complain about the high levels of the currency and its effect on exports. Purchasing manager’s data was shrugged off, despite lower

  • US stocks trading higher after positive Q3 earnings results

    US stocks started the trading session on a positive note, as earnings from Ford (NYSE:F) and 3M (NYSE:MMM) came in better than expected. Chinese PMI data also beat expectations helping Asian stocks gain traction. AT&T (NYSE:T) reported mixed results which kept the telecom sector in check. China’s HSBC manufacturing PMI surprised investors with a stronger

  • Potential Chinese Loan Defaults hits Riskier Assets

    The positive sentiment market participants felt after the Department of Labor released a weaker than expected payroll report was reverse today as China reported news that there were increases in bad loans. The ECB reported Wednesday that they will start a process of review of banks in the EU, which will include trading operations and

  • Strong Aussie Gains Could be Poised for a Correction

    With the US government closure and potential debt default now in the rear view mirror, investors will begin to focus on economic data which will hit the tapes this week. The backlog of US economic data points which include September’s employment report will help investors paint an economic picture which will give central bankers a

  • Stocks Consolidate as Investors Await Employment Report

    Stocks in the US started the week mixed, with the DOW and S&P 500 in the red but the Nasdaq composition continuing to outperform. Strong results last week from Google (NASDAQ:GOOG) have propelled technology stocks forward, lifting all boats in the space. Investors will turn their attention on Tuesday to September’s employment report, which will

Page 4 of 41234