Investors are officially panicking, Citigroup says
Stock-market investors entered panic mode after the wild ride to end 2018, meaning it might be a good time to buy equities, according to Tobias Levkovich, chief U.S. equity strategist at Citigroup. Citigroup’s Panic/Euphoria model hit panic levels after a...
Crude Oil Price 2019 & Insights from Daniel Lacalle
Key Points Discussed The Texas oil revolution Diminishing effectiveness of monetary policy Commodity prices and the Trade War ‘facade’ Perverse incentives and the inverted credit cycle The Chinese debt load Forecasts and trading strategies for 2019? In this interview senior...
The first economic data from December is in and it shows trouble
The first survey of December’s economic data came out on Wednesday with diminished results: United States manufacturer growth hit new lows on multiple fronts last month. Results from financial data firm IHS Markit showed the U.S. manufacturing PMI (Purchasing Managers...
Poor Start for Dollar Bears and US Stocks
2019 is not off to a great start for dollar bears and US stocks. With liquidity starting to flow back into the markets, risk aversion especially hit the bond markets as yields continue to slide. The 10-year yield on US...
Gulf country risk: Qatar, Saudi Arabia on shakier ground
Oil volatility continues to hamper the region, clipping the wings of investment growth Several countries in the Gulf region saw some improvement in their investor risk scores towards the end of 2018, as public spending cuts and better oil prices...
Growth Concerns Stalk Traders into the New Year
It might be a new year, but the concerns are anything but new. The growth fears that weighed on sentiment across the second half of 2018 and most notable in December wasted no time is rearing their head once again...
XAU/USD Outlook: Spot Gold Advances on Risk-off Mode and Cacks Key Fibo Barrier
Spot gold hit new 6 1/2 month high at $1288 on Wednesday, in extension of recovery phase which started from $1160 in mid-Aug 2018. The yellow metal remains well supported by renewed risk-ff mode as f=rising concerns about global growth...
Yen Stays Strongest on Global Risk Aversion and Diving Yields
Yen remains the strongest one for today as the risk aversion dominates the global markets. Major European indices do pare back much of earlier losses. But it’s unsure whether the recovery could sustain. Persistent decline in German 10 year bund...
AUD/CHF 4H Chart: Narrow Channel Likely To Prevail
The dominant pattern that has guided the AUD/CHF exchange rate for the last one year is a descending channel pattern. As apparent on the chart, the pair reversed from its upper boundary on December 3 and has since traded in...
European stocks open lower as losses continue into 2019
European shares fell at the open on Wednesday, as traders struggled to shake off negative sentiment that plagued global markets in late 2018. The pan-European Stoxx 600 fell more than 1 percent in morning trade, with all sectors and major...