by admin | Oct 2, 2018 | Uncategorized
Trade tensions ease after NAFTA agreement but China continues to pose major risks Italian 10-year yield reaches new 4-1/2 year high as EU officials respond negatively to Italy’s budget Trade tensions ease after NAFTA agreement but China continues...
by admin | Sep 28, 2018 | Uncategorized
US 0830 ET Aug personal spending expected +0.3%, Jul +0.4%. Aug personal income expected +0.4%, Jul +0.3%. 0830 ET Aug PCE deflator expected +0.1% m/m and +2.2% y/y, Jul +0.1% m/m and +2.3% y/y. Aug core PCE deflator expected +0.1% m/m and +2.0% y/y, Jul +0.2% m/m and...
by admin | Sep 28, 2018 | Uncategorized
Markets are waiting to see if the Fed’s preferred inflation measure will keep rising U.S. personal income and consumption expected to remain strong U.S. consumer sentiment expected to remain stellar U.S. federal government expected to be open for business...
by admin | Sep 27, 2018 | Uncategorized
FOMC outcome prompts dovish market response although Fed raises its long-term neutral-rate estimate US/Japan trade talk agreement takes Japan tariff threat off the table for now President Trump says he will sign spending bills to avert a U.S. government...
by admin | Sep 26, 2018 | Uncategorized
In Fri’s Technical Blog we discussed Thur’s bullish divergence in admittedly short-term momentum above 3.52 as a very early indication of a base/reversal threat that could evolve into a major event. Subsequent gains this week reinforces...