Yield Curve Inversion and Global Slowdown Hammered Stocks, Not US-China Trade Talks
It was another volatile week with multiple theme working on the markets. US-China trade truce, arrest of Chinese business executive, stock market routs, treasury yield free fall, US yield curve inversion, weak economic data and global slow down, OPEC+ production...
Weekly Economic and Financial Commentary: Perfect Example of He Said, Xi Said
U.S. Review Despite Market Jitters, Fed to Raise Rates in December An ephemeral trade truce, the inversion of the front-end of the yield curve and a softer than expected jobs report fueled fears of the economy slowing. But, with economic...
The Weekly Bottom Line: See You in Spring, Rate Hikes
U.S. Highlights Data released this week remains consistent with the view that U.S. economy continues to expand at an above-trend pace. Although disappointing in terms of the headline, job gains were also consistent with an economy running near capacity. Furthermore,...
OPEC+ Agrees on Big Output Cut
OPEC+ agrees to cut production by 1.2mb/d, effectively bringing its production back to its level at the beginning of the year. The deal is set to last six months and to be reviewed in April. The outcome was about as...
OPEC+ Agrees to Overall Production Cuts to Counter Slower Demand Growth Next Year
The 175th OPEC Conference and the 5th ministerial meeting between OPEC and non-OPEC countries ended earlier today with participants agreeing to reduce overall production by 1.2 million barrels per day (mb/d), effective as of January 2019 and lasting for six...
Brexit to Dominate Agenda in Busy Week for FX
Remember in last week’s outlook, I pointed out that “next week is going to be very interesting in the markets,” and that how I repeat this statement every week? Well, there’s no way I am going to deviate from that...
Soft Jobs Data Depreciated Dollar Looking Towards Inflation Data
The US dollar is mixed on Friday after a disappointing US jobs report. The NFP showed a 155,000 jobs gain in November, well below the 200,000 forecast. Weather issues played a part but overall the report will have a small...
Treasuries Poised for 5th Straight Weekly Gain as Fed Hike Expectations Dwindle on Weaker US Data
US Treasury prices have rallied over the past month on slower growth concerns globally and domestically. Today’s move in Treasuries stemmed from softer US data that suggested US economic growth is slowing. Two weeks ago, Fed Vice Chair Richard Clarida...
Stocks could be set up for another violent week of selling
Stocks could continue to take a beating and aim for a retest of lows, after one of the most brutal weeks for the market this year. The past week was one of the worst of 2018, with the Dow down...
Successful Bear Market Trading Strategies & Techniques | Podcast
Key Takeaways from the Trading Podcast: How and when to adjust your position sizing when prices are volatile Freeing up your margin by using less capital Considering the opportunity cost of existing positions Live to trade another day (absorb losses...