Spread Reducing between Onshore and Offshore Yuan
The spread between the offshore and onshore yuan creates arbitrage opportunities for traders as the value diverges between the two currencies.
Macroeconomic Analysis
Why Is David Rubenstein Optimistic about Brazil?
The Brazilian economy is experiencing contraction due to a fall in commodity prices and the political turmoil. The commodities market is one of Brazil’s most important growth drivers.
Eurozone ZEW Economic Sentiment Fell after a Year
According to a report by the Centre for European Economic Research (ZEW), the Eurozone ZEW Economic Sentiment Index fell to 29.3 in August.
What Do Refining Stock Valuations Reveal?
With respect to the price-to-earnings ratio, larger players Marathon Petroleum (MPC), Tesoro (TSO), and Phillips 66 (PSX) trade higher than the average valuations.
Crude Oil Continued to Rise, OPEC Agreed to the Supply Cut
At 5:45 AM EST, the WTI crude oil futures contract for January 2017 delivery was trading at $49.88 per barrel—a rise of ~0.89%.
Natural Gas Prices Slump 9.4% for the Week
ETFs like the United States Natural Gas—UNG—ETF fell in the direction of natural gas prices on November 20, 2015. UNG fell by 4.7% on the day.
How Crude and Natural Gas Rig Counts Affected Natural Gas Prices
The US natural gas rig count rose by two to 118 rigs between November 18 and November 23, 2016.
Inside GWR’s European Carload Rise in January
Genesee & Wyoming’s (GWR) European carloads rose 11.2% YoY in January 2017.
How Valuation Multiples Have Changed for Fertilizer Companies
Mosaic (MOS), which has historically traded at a high valuation multiple of 9.2x, is currently trading at an enterprise value to next 12-month EBITDA ratio of 5.7x.
Understanding the Marginal Decline in Malaysian Exports in June
Exports from Malaysia in June 2017 stood at 73.1 billion Malaysian ringgit (MYR) (about $17 billion as of August 11, 2017), or 10% higher YoY.
Why Gold ETFs See Robust Net Inflows against Actively Managed Gold Funds
One of the dominant financial trends of the past decade has been a move by investors out of actively managed funds and into passively managed index funds or exchange traded funds (ETFs).
What Indicators Should Investors Watch This Week?
As China is one of the important emerging economies, investors should keep an eye on its important indicators.
Why Diversification Is More than Just a Buzzword
Diversification is important because a diversified portfolio has higher risk-adjusted returns than a portfolio exposed to only one security.
How a Fall in Crack Spreads Is Hurting Refining MLPs
The Gulf Coast 3-2-1 crack spread was $10.4 per barrel on June 16, 2016.
Why Are Global Markets Range Bound?
The contrasting movement among the global markets was primarily due to caution ahead of the Bank of England’s monetary policy release on July 14.
Restaurant Industry Outlook On Capital Expenditures
Restaurants make capital expenditures for various reasons. They do it to open new stores, purchase new equipment, and remodel existing stores.
Why Colombian Stocks Are Surging in 2017
As the third-largest economy in Latin America, Colombia is expected to recover from its subdued growth of ~2% in 2016—its lowest figure since 2009.
How Much Is China Really Devaluing Its Currency?
China had pegged its currency, the yuan, to the US dollar as it was a developing nation.
Why Are Falling Copper Prices Pressuring the Chilean Peso?
Copper futures prices fell by 1.5% on August 22, 2016. The Chilean peso has a high correlation to copper prices—copper is Chile’s major export.
JPMorgan Chase’s 2020 Market Outlook
On Wednesday, JPMorgan Chase’s strategists discussed the market’s 2020 outlook. These strategists expect stocks to rise next year, while gold could decline.
What Has Muted the Demand for Commodities?
The demand for commodities has been dampened by a variety of factors, particularly in the last two years.
Why Ammonia Prices Are Falling
The average price of ammonia for the week ending March 4, 2016, stood at $310 per metric ton compared to $311 per metric ton a week ago.
Analyzing the Key Variables for the Airline Industry
Investors should keep an eye on airfare trends. Despite a 40% fall in crude oil prices—the major cost for airlines—airfares have remained fairly stable.
A Brief Recap of the Abbott–Alere Deal Developments
Three months after announcing a $5.8 billion deal in which Abbott Laboratories (ABT) would buy Alere (ALR), Alere rejected Abbott’s $50 million offer to end the deal. On December 7, Abbott sued Alere to terminate the deal.
Why P&G Transferred Its Duracell Business to Berkshire Hathaway
On February 29, 2016, Procter & Gamble (PG) announced the completion of the transfer of its Duracell business to Berkshire Hathaway (BRK-B).
What Led to the Fall in Canadian Pacific’s Intermodal Volumes?
Canadian Pacific’s intermodal volumes Although Canadian Pacific’s (CP) intermodal volumes have been marching forward for the past few quarters, for the week ended January 21, 2017, CP reported a fall of 2.5% in overall intermodal traffic. Intermodal data indicates that the fall was due to a drop in its international intermodal business, where volumes fell […]
What the Germany ZEW Economic Sentiment Index Indicates
The Germany ZEW Economic Sentiment Index was 17.5 in July 2017 compared to 18.6 in June. It didn’t meet the market expectation of 18.0.
US and Canadian Rail Traffic Fell
In the week ended May 7, 2016, total US railcars went down by ~233,000, a double-digit fall of 15%.
Steel Industry’s Capacity Utilization Ratio Is At A 1-Year Low
The capacity utilization ratio is a key determinant of steel companies’ profitability. As a result, it’s a key metric that steel play investors should actively track.
How Has the Russian Stock Market Changed?
The Russian stock market is upbeat, which adds to the ruble’s strength.
What to Take from the Enhanced Analytics Initiative
The onValues report on behalf of the Enhanced Analytics Initiative made several conclusions regarding the progress of its understanding of environmental, social, and governance criteria.
Important Economic Indicators to Watch Next Week
The most important indicators next week are the global flash manufacturing PMIs. Manufacturing PMIs are important indicators for the economy.
The widening spread in the Canadian prime and key interest rates
The “Big Six Banks” in Canada have only reduced their prime rates by 15 basis points. So the spread between the prime and key interest rates is now 0.1%.
Immediate Impact of UK Election: Market Up, Volatility Down
After the announcement of the United Kingdom’s election outcome on June 9, 2017, global markets showed mixed responses.
What’s Vice-President-Elect Kamala Harris’s Net Worth?
Kamala Harris will add some "firsts" to her name when she takes over as U.S. vice president next year. What's her net worth?
An Economic Look at the Great Depression Versus Today
In what ways was the Great Depression different from—and similar to—today's economic crisis?
These Industries Have Been Hit Worst by the COVID-19 Pandemic
U.S. stock markets have felt the effects of the pandemic in 2020. Here are the industries most hurt by COVID-19.
Did U.S. Stock Markets Do Better Under Obama or Trump?
In his campaigns, Trump focused on strengthening stock markets. How have Trump's stock market returns compared with Obama's?
Which Political Party Is Better for the Stock Market?
As U.S. voters head to the polls to decide the next president, there are several questions on many people's minds. Is Biden or Trump better for U.S. stock markets?
Election, Stimulus, or Rising Infections — What’s Driving Market Volatility?
The ProShares Ultra VIX Short-Term Futures ETF (UVXY) spiked 13.6 percent on Oct. 26. Why is UVXY going up and what's the outlook?
Why Is the Dow Jones Industrial Average Important?
Many investors follow the Dow Jones. Why is the Dow Jones Industrial Average still important?
Investing in gold? Watch the US Dollar Index
Tracked by the Federal Reserve, the weekly US Dollar Index measures the value of the dollar compared to the currencies of its significant trading partners.
How Is the Dow Jones Industrial Average Calculated?
The Dow Jones is a price-weighted index of 30 U.S. companies. How is the Dow Jones Industrial Average calculated?
A Look at Emerging Markets PMI Reports in December 2017
In this series, we’ll analyze the manufacturing and services activity of China, India, and Brazil (EEM) in December 2017.
Where Are Bond Markets Headed?
Rising US-China trade tensions have caused all assets, and especially bond markets, to move considerably over the last few sessions.
What Are the Top Cyclical Stocks to Play the Sector Rotation Story?
Cyclical stocks’ fortunes are closely tied to the economic cycle. What are the top cyclical stocks to play the sector rotation story?
Can the Dow Jones Index Actually Reach Zero?
Can the Dow Jones go to zero? Under what circumstances would the index fall to zero and what would happen?
What’s the S&P 500’s All-Time High in 2020?
The S&P 500 fell sharply in the first quarter of 2020 but rose every month after March and hit a record high. What’s the S&P 500’s all-time high in 2020?
What to Watch in the Fed's Meeting on Wednesday, Sept. 16
The Fed is meeting on Wednesday, Sept. 16. See what to expect from the meeting and the rest of 2020.
US Stock Markets: What Are Bears Up Against?
US stock markets have rebounded sharply from their March lows. The Nasdaq Composite turned positive for the year in Thursday’s trade.