Central banks, central banks, central banks. This week ahead, central bankers from all around the world will conduct their annual Jackson hole meeting in which historically they discussed the macro-environment and, of course, monetary policy. However, due to Coronavirus restrictions, they cannot meet at Jackson Hole for the first time in 40 years. Like many...
Outside of work and trading, I believe everyone should have a stock/asset investment portfolio working for them.
However, we all are swayed by what we hear and what we watch.
If you’re an investor, you’re probably guilty of doing something similar – waking up, checking Facebook who knows you’re an investor and gives you an article from CNBC saying that either
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Nothing beats an old fashion conglomerate. Last week, we talked about the social media conglomerate we have all come to know on Facebook. However, the business we’re going to be talking about today dips its fingers into many industries.
Reliance Industries Limited is an Indian multinational conglomerate with assets in Energy, petrochemicals, textiles, natural...
For most of my investing life, I have been a part of the upwards bull run spanning nearly a decade. Growth stocks outperformed cyclical and value, interest rates were kept low, and oil was at favorable prices. However, this year I experienced two unprecedented events: The Pandemic and negative oil prices.
Both the pandemic and negative oil prices come hand in...
The New Zealand dollar has fallen against the US Dollar as New Zealand records new community transmitted cases since the last time 102 days ago.
The New Zealand dollar has fallen over 0.75% over the past two days from its high from 0.6175 as the largest city in the country, Auckland, was put into a mandatory level 3 lockdown for three days. For reference, New...
NASDAQ is up 1% fueled by President Donald Trump issuing an executive order banning U.S. residents from doing business with Chinese owned TikTok and WeChat 45 days from now.
With the election 90 days away, some critics may point to this latest move as a hail Mary to gather up votes before the election. However, the U.S. government has cited security risks that...
Gold finally shoots past $2,000 with geopolitical risk, the coronavirus pandemic, and the recent explosions at Beirut proving to be great tailwinds pushing the metal past the significant psychological level. However, many think it still has legs to run.
The yellow metal is up 35% this year, with investors looking for a haven asset that provides a larger return...
As the dollar continues, it's a downward spiral, risk-on currencies have seen a rise in value. I have talked about how the market is slowly pricing in the long-term effects of the Coronavirus on macro-environments, and it seems like the Currency markets are gradually displaying this.
The New Zealand Dollar is up 9.06% against the USD. However, at the same time,...
Coronavirus cases have passed 18 million across the globe, with deaths approaching 700k. Markets are slowly pricing in how the Coronavirus is affecting countries' respective markets. The US Dollar is down 10% from its March highs, and the ASX is slowly edging down, booking losses three weeks in a row. This is your week ahead.
Tuesday, 4th August – Australian...
GBP/USD broke 1.30 today, a critical resistance that signals a strong bullish sentiment on the Pound as the dollar weakened on the Fed, sending full message support. Jerome Powell stated that they would keep all support lines open, including bond-buying, low-interest rates, and central bank dollar swaps. Jerome Powell emphasized, “ is not thinking about thinking...
Fed’s Chairman Jerome Powell has a clear message: They will not step off the gas when it regards stimulus. He stated in the previous Fed meeting, “We are not thinking about thinking about raising rates.” Today? “We are not thinking about thinking about THINKING ABOUT raising rates.” The Federal Reserve left rates unchanged, fluctuating from 0 to 0.25%.
Fed will...
What's next for the Argentinian Peso?
Over the past year, the Argentinian Peso has last 20.3% against the US dollar. A combination of spiraling government debt, political unrest, and the Coronavirus have seen Argentina fall further into recession.
The deprecation of the Argentinian Peso came when the government defaulted on their debt for the 9th time –...
The Euro has been on a tear recently, up 8.55% against the US Dollar over the past three months as investors become increasingly more confident in the continent.
The European Union recently has had many tailwinds as of late: Containment of Covid-19, general alignment in how to combat the Coronavirus, and their 75 Billion euro recovery package lead investors to...
Gold reaches an all-time high amidst Geopolitical tensions and the Coronavirus continuing to fuel demand into safe-haven assets. Gold spot reached a high of $1944.52 during the Asia session, smashing the record print of $1923 by $21.
Geopolitical tensions and the Coronavirus are not the only factors driving the price higher for Gold. A weaker dollar,...
NASDAQ down 2% on Coronavirus fears
Tech and consumer equities lead the charge downwards as fears that the recovery has stalled in the US emerges. The NASDAQ is down 2.33% today, with the SP500 and Dow Jones down 0.66% and 0.7%. Priced-to-perfection tech stocks, even with better than expected earnings was not able to defend the lofty prices from the risk-off rush...
Some quick numbers – Globally, there are over 15 Million Coronavirus cases and 618,000 deaths due to the pandemic. An estimated 47 million people may lose their jobs in the United States alone. Oil dived into negative, an unprecedented move. However, the NASDAQ is having its best year having made a V shape recovery, Elon Musk is the 13th Richest person in the...
Markets have been moving today on the back of positive vaccine news amongst concrete stimulus hopes.
Silver rallied to a peak of $21.319 as investors and traders bet that a push to green energy will provide a silver lining to the metal. It is interesting to note that Silver has outperformed its counterpart Gold, with a 70% rise since its March lows. Analysts at...
The Dollar Index at the peak of the Coronavirus lockdown rallied, almost touching 103 – the highest level since 2017. The Dollar index shows the relative strength of the USD to a basket of other currencies. However, a couple of currencies strengthened as everyone was hoarding the USD – The JPY.
If the JPY got stronger, why was everyone talking about USD being a...
