0.0 00 The Caixin PMI was released this morning in China and came in weaker than expected. This stoked fears of a slowdown in China and questioned the durability of their economic recovery. The manufacturing PMI, …
Read More »New Phone Screens Coming for iPhones
0.0 00 Towards the end of fiscal years, today being the last trading day of 2015, interesting short stories hit the newswires. In the world, exists two companies. These are two electronics behemoths that fight like …
Read More »USD/CNH –China’s Renminbi Hits a 5 Year Low
0.0 00 Some points to consider in this Forex market: The Chinese Yuan is trying to mount a recovery after hitting a five year low. Shooting star candlestick as well as negative RSI indicate a top …
Read More »Sovereign Chinese Bond Rates Rise on Expectations
0.0 00 Points to consider in this article: China’s sovereign bond rates surged to historic highs in two weeks. The 10 year note is at 2.80 percent, the highest yield since 2009. Additional rates cuts from …
Read More »AUD/USD – Correction Higher to Provide Possible Short Sale
0.0 00 AUD/USD (0.7288) Points to consider in this Forex market: The Aussie Dollar continues to push higher in this Forex market. There is a triangle chart pattern in play that hints at more losses in …
Read More »NZD/USD – Buyers Now Eye the Two Month Resistance
0.0 00 Some points to consider in this Forex market: The Kiwi Dollar continues to move higher no challenging a two month high near the pivot at 0.69. The breaking of the trend line from July …
Read More »A VC Slams the New Google Glass
0.0 00 Alphabet, which used or be called Google and still trades under the Nasdaq: GOOG, has made good on its promise to revamp Google Glass. Recent filings in the United States have given us an …
Read More »JPMorgan Chase to Increase Deposit Rates
0.0 00 Looks like some banks are getting ready to increase their deposit rates post Federal Open Markets Committee (FOMC) liftoff. JP Morgan Chase (NYSE: JPM) is planning to raise their deposit rates for most of …
Read More »GBP/USD – The Cable Faces Choppy Trading Near Support
0.0 00 GBP/USD (1.4409) Points to consider in this Forex market: The Cable continues to oscillate around below the psychologically key 1.50 level. This is another holiday shortened week. Expect erratic intra-day trading. Trade strategy: Stand …
Read More »EUR/USD – Euro Rebound is Running out of Steam?
0.0 00 Some points to consider in this Forex market: This Forex market I still undecided which way to move after the post recovery FOMC decision. Looks like there is a possible head and shoulders chart …
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