FX Forex Market Technical Analysis 18. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: THE UPSIDE PREVAILS. Pivot: 1.3330. Most Likely Scenario: LONG positions @ 1.334 with 1.34 & 1.3435 in sight. Alternative …
FOREX Technical Analysis 21. Jan. 2013
FX Forex Market Technical Analysis 21. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: UNDER PRESSURE. Pivot: 1.3360. Most Likely Scenario: SHORT positions below 1.336 with targets @ 1.327 & 1.3245. Alternative scenario: …
FOREX Technical Analysis 22. Jan. 2013
FX Forex Market Technical Analysis 22. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: UNDER PRESSURE. Pivot: 1.337 Most Likely Scenario: Short positions below 1.337 with targets @ 1.327 & 1.3245 in extension. …
Abenomics – What Could Possibly Go Wrong?
By Edward Hugh In an article entitled “Why Japan’s GDP Plunge Isn’t As Bad As It Seems”, Bloomberg writer Bruce Einhorn put it like this: The last time Japan raised the consumption tax, in 1997, the economy went into a tailspin. The impact doesn’t seem to be as bad this time, …
The Italian Runaway Train
By Edward Hugh There has been lot’s of debate in the press and in academic circles over the last week or so about whether Italy’s latest contraction constitutes a triple dip recession or simply a continuation of what’s been going on over many many years. This is an interesting theoretical …
Income inequality, corporate inversions and financial engineering
I have a number of threads to write about today but I am going to make this a mono-themed post and save the other themes for future days. One thing I did want to flag is Willem Buiter’s recent piece called “The Simple Analytics of Helicopter Money: Why It …
Country by country macro update, part 2, September 2014
Yesterday, I did a broad overview of four markets of interest to global investors. And I wanted to continue my thoughts on this here with a few more markets and with a deeper dive into some of my thinking about the UK. Britain, Part 2: I want to take the UK …
Deleveraging, What Deleveraging? The 16th Geneva Report on the World Economy
Originally posted on Vox By Luigi Buttiglione, Philip Lane, Lucrezia Reichlin, Vincent Reinhart The world has not yet begun to deleverage its crisis-linked borrowing. Global debt-to-GDP is breaking new highs in ways that hinder recovery in mature economies and threaten new crisis in emerging nations – especially …
The Japanisation Of Europe
By Edward Hugh By now it should be clear that the monetary experiment currently being carried out in Japan (known as “Abenomics”) is fundamentally different from the kind of quantitative easing which was implemented in the United States and the United Kingdom during the global financial crisis. In the US …
Is Japan Back In Recession?
By Edward Hugh “People should seriously consider that Japan’s economy may have fallen into recession despite the weaker yen and a stock rally from the BOJ’s easing and the flexible fiscal policy by Abe’s administration,” said Maiko Noguchi, senior economist at Daiwa Securities. “Initial expectations that the economy could …
Eurocrisis Round Two, Blame the Germans Edition
By Edward Hugh “What strikes me, also, is the extent of intellectual confusion that remains.” – Paul Krugman, Europanic 2.0 “The problem is that Germany has continued to maintain highly competitive labor costs and run huge surpluses since the bubble burst — and that in a depressed world economy, this …
US Treasury: China does not manipulate yuan
Washington (AFP) – The US Treasury said Wednesday that China does not manipulate its currency, but pushed Beijing to do more to focus on domestic demand, not exports, to drive economic growth.In a twice-yearly report to Congress, which would set sanctions on any country officially branded a “manipulator,” …
Meet The Photographer Who Has Shot Alaska’s Iditarod Sled Dog Race For 34 Years Straight
Photographer Jeff Schultz has always loved adventure. In 1978, he moved from California’s Bay Area to Alaska with dreams of log cabins and self-sufficient living. Since then, he has traveled and photographed all over the state, seeking thrills and great images. And there’s no Alaskan event more thrilling than the …
Bill Gates Says These Are The 3 Most Important Business Lessons He’s Learned From Warren Buffett
Few people in the US are more successful than Bill Gates. But that doesn’t mean the 58-year-old billionaire knows everything. There are still important business lessons to be learned by America’s richest man — and who better to learn them from than Gates’ friend and fellow billionaire Warren Buffett? …
US-led strikes kill ‘several hundred’ as Iraq, Kurds battle IS
Washington (AFP) – US-led air strikes on a Syrian border town killed “several hundred” Islamic State fighters but it may still fall, officials warned Wednesday, acknowledging significant jihadist gains in Iraq and Syria.While Iraqi troops prevented the jihadists from seizing a lynchpin provincial capital near Baghdad, a senior US …
CHART: Downloading And Streaming Are The Only Movie-Watching Methods Growing Among Teens
For a long time, the most common way to rent and purchase new movies was visiting physical stores like Blockbuster. But after Netflix came along with its DVD-by-mail service in the late ’90s — and later, its popular subscription streaming service — companies started devising new ways …
For $100 Million, You Can Install A Wall Of Water In Your Custom Boeing Dreamliner
VIP Completions has announced that its latest custom jet interior will feature a world’s first: a flowing-water display backlit with LED lighting, known as a bubble wall. The owner is able to manipulate the colors of these LED lights via a smartphone app. The bubble wall is the centerpiece…
13 Things Samsung’s New Galaxy Note 4 Can Do That The iPhone Can’t (AAPL)
Samsung’s new phablet, the Galaxy Note 4, launches in the US this week. It’s the best phone Samsung has ever made, and easily one of the best phones you can buy. The Note 4 is also packed with a lot of extras and features that the iPhone doesn’t have.There’s a heart …