Trump’s Stance on Huawei Leaves Everyone Confused
President Trump surprised markets by easing the sanctions on Huawei after his meeting with President Jinping in Osaka, Japan.
Macroeconomic Analysis
Soft Economic Data Could Derail Sentiments after G20 Bonhomie
Last week, US President Donald Trump and Chinese President Xi Jinping met on the sidelines of the G20 summit in Osaka, Japan, and made some trade talk progress.
Will Trump Favor Tariffs or Bullish Stock Markets at the G20?
It might not take much for Trump to at least reach a truce in the ongoing trade war with China. All eyes are on the Trump-Xi meeting on the sidelines of the G20 summit, scheduled for tomorrow.
US Market Turns Positive, Mnuchin Hints toward US-China Deal
On June 26, the US index futures were pointing toward a positive market opening. Treasury Secretary Steven Mnuchin hinted toward a possible US-China trade deal.
How NZ50, ASX, Singapore, KOSPI Indexes Fared Today
Australia’s ASX200 lost marginally today. Although the index was trading higher until noon, it erased those gains afterward. 70 stocks gained, while 118 fell. BHP Group (BHP) outperformed the index with marginal gains, while Rio Tinto (RIO) gained 0.64%.
Does Trumponomics Signal the End of Made-in-China Era?
China has grown at a breathtaking pace over the last couple of decades. The growth has been led by a couple of drivers, namely higher infrastructure investments and rising exports. Now, the infrastructure and investment-led model have their own limitations.
Why Jeffrey Gundlach Likes Gold
During DoubleLine’s investor webcast on June 13, Jeffrey Gundlach said, “I am certainly long gold.” His call on gold is based on his expectation that the US dollar (UUP) will finish lower this year.
US Stock Market Could Fall Due to Global Trade Concerns
The trade war between the US and China and a new tariff warning on Mexico increased the concerns about a global economic slowdown.
How Building Permits and the Housing Market Can Predict Trends
When real estate developers or REITs like AvalonBay (AVB) are confident about the economy, they build more in anticipation of future demand from consumers.
Why Europe Never Fully Recovered from the 2008 Financial Crisis
While the rest of the world recovered from the 2007–2008 financial crisis, Europe (VGK)(EZU) has been engulfed in one crisis after another.
Buffett versus Dalio on Gold: Whose Advice Should You Take?
When it comes to investing in stocks, Berkshire Hathway’s (BRK.A) chair, Warren Buffett, and Bridgewater’s founder, Ray Dalio, have similar advice.
Should You Have Taken President Trump’s Advice in December?
Today, US President Donald Trump tweeted, “Best January for the DOW in over 30 years.”
Investing Defensively Can Lose You a Fortune
I bet you may have heard a lot about investing defensively while the market faded.
Remember Peter Lynch? When the King Tells, You Should Buy
We saw a sharp rally in US stocks on December 26. President Trump’s comments on US markets could have been the main driver.
Powell’s Speech Ignites a Rally in Equities and Metals
Markets had been worried about the Fed’s continued aggressive stance on rate hikes, which could shorten economic expansion.
Is China the Land of the Setting Sun?
China’s major indices are still down 25-30% this year alone.
Is the Market Worried about an Overheating US Economy?
Federal Reserve Chair Jerome Powell’s speech did little to assuage investors’ concerns regarding the overheating of the US economy.
Cold War 2.0: Why It Looks Like a Real Possibility
The trade war is expected to be a long-term affair, according to several observers including Alibaba’s (BABA) Jack Ma.
What American Builders Were Worried about in June
The HMI was reported to have decreased by two points to 68 in June as compared to a May reading of 70.
Why the Yen Depreciated against the Dollar
Last week, the Japanese yen (JYN) succumbed to the US dollar’s strength. The Japanese yen (FXY) closed the week at 110.67.
What Are the Implications of Iran Nuclear Deal Exit?
In this series, we’ll analyze how the US exit from the Iran deal has affected markets and how recent developments could affect oil prices and volatility.
US Dollar Index and Treasury Yields in the Early Hours
The US Dollar Index started Thursday on a mixed note and traded with weakness in the early hours.
Is Higher Inflation Hurting the Consumer Staples Sector?
The consumer staples sector is an important sector in the S&P 500 Index (SPY).
European Markets Are Stable Early on April 13
At 5:25 AM EST on Friday, the CAC 40 Index was trading at 5,322.22—a gain of 0.24%. The iShares MSCI France (EWQ) gained 0.47% on April 12.
Eurozone Consumer Confidence Weakens
According to the European Commission, the Eurozone consumer confidence index has remained at 0.1 in March 2018, unchanged from February 2018.
Why Mexico’s Manufacturing PMI Fell in February 2018
According to a report provided by Markit Economics, Mexico’s (EWW) manufacturing activity fell in February as compared to January 2018.
Why the US Workforce’s Quit Rate Has Remained High
January’s JOLTS (Job Openings and Labor Turnover Survey) data, which contains information about job openings and total separations, was reported on March 16.
Why Economist Argue That Tariffs Are Bad for the Economy
The recently proposed import tariffs on steel and aluminum imports by US President Donald Trump are an effort to protect the interests of US manufacturers.
What’s the Correlation between S&P 500 and the Technology Sector?
The Technology Select Sector SPDR ETF (XLK), which tracks the performance of the US technology sector, fell marginally by 0.4% in February 2018.
Why the Rebound in Building Permits Is Positive for the US Economy
The Conference Board uses the number of building permits issued as one of the key constituents of its LEI (Leading Economic Index) model.
FOMC’s Review of Economic Situation Signals Strong US Economy
As per the FOMC staff report, inflation (TIP) in the US remained below the 2% target.
Inflation and Retail Sales: Their Effect on the Economy
In this series, we’ll analyze UK inflation and US inflation for January 2018. We’ll also analyze retail sales for that month.
What to Expect from the Euro This Week
The euro-dollar (FXE) exchange rate closed the week ending February 16 at 1.24, an appreciation of 1.4% against the US dollar (UUP).
Why UK Manufacturing PMI Is Gradually Falling
The UK Manufacturing PMI showed a weaker rise in January 2018. It was 55.3 in January 2018 compared to 56.3 in December 2017.
Why Quit Rate Indicates a Strong US Employment Market
As per the latest JOLTS report, total separations for December were 5.2 million, which is 3.6% of the total workforce.
Why Utility Sector Had Inverse Correlation with S&P 500 in January
The Utilities Select Sector SPDR ETF (XLU), which tracks the performance of the utility sector, fell 3.2% in January 2018.
Why the Japanese Yen Depreciated against the Dollar Last Week
The Japanese yen (JYN) retracted against the US dollar last week as US dollar bulls tried to take control.
Is the Leading Credit Index Signaling Any Business Cycle Changes?
This constituent of the LEI is an economic model, constructed by modeling changes in six financial market instruments.
Why Building Permits Didn’t Change in December
For 2017, 1,263,400 housing units have been authorized by building permits—a 4.7% increase from 1,206,600 housing units in 2016.
What Drove Industrial Production Higher in December 2017
The Fed’s December industrial production report was released on January 17. The report indicated that industrial production continued to improve throughout 2017.
Capacity Utilization Trends across US Industries in December
Capacity utilization and the US economy Among the key macroeconomic indicators published by the Federal Reserve, US industries’ capacity utilization is particularly important for understanding the health of each industry. Changes to this indicator can help forecast any changes to the business cycle, product demand, and workforce demand. Increasing levels of capacity utilization could translate to a higher number […]
How Confident Are Homebuilders at the Beginning of 2018?
Comments from NAHB members indicated that homebuilders are optimistic about the future demand and projected increased activity in the housing sector.
How Russia’s Service Activity Looked in December 2017
According to a report by Markit Economics, Russia’s service PMI (purchasing managers’ index) showed a weaker improvement in December as compared to November 2017.
How Did the S&P 500, NASDAQ, and Dow Perform on January 25?
On January 25, six out of the S&P 500’s 11 major sectors moved higher. Strength in the utilities and health care sectors pushed the market higher.
US Dollar Index and Treasury Yields Early on January 26
The US Dollar Index started this week on a weaker note. At 3:35 AM EST on January 26, the US Dollar Index was trading at 88.83—a drop of 0.62%.
European Markets Are Mixed in the Morning Session on January 26
At 4:25 AM EST on January 26, the DAX Index was trading at 13,306.50—a gain of 0.06%. The iShares MSCI Germany (EWG) fell 0.7% on January 25.
How Did Asian Markets Perform on January 26?
The Shanghai Composite Index rose 0.28% and closed the day at 3,558.13 on January 26. The SPDR S&P China (GXC) fell 0.42% on January 25.
Why Indonesia’s Manufacturing PMI Contracted in December
According to a report by Markit Economics, Indonesia’s (IDX) (ASEA) manufacturing PMI (purchasing managers’ index) contracted in December 2017.
What Does Mexico’s Manufacturing PMI Indicate?
According to a report by Markit Economics, Mexico’s (EWW) manufacturing activity showed a slightly weaker improvement in December as compared to November 2017.
What Boosted China’s GDP in 2017?
China’s (FXI) (YINN) GDP grew at an annualized rate of 6.8% in 4Q17.