Resource Investor

Markets traditionally kick back into high gear after Labor Day, but one should not underestimate this last week of August. Trade talks remain at the forefront and last week’s newest round between the United States and China failed to yield true substance. However, the purpose was to delay the imminence of the third wave of […]

There is mixed sentiment towards the Greenback at the start of the new trading week. The dollar has edged marginally higher against the euro, the pound and the Australian dollar with the Greenback broadly stronger against those in the EMEA as all eyes return to the Lira after Turkish markets resume trading following a week-long

A strong close Friday confirmed that the Federal Reserve is still in the driver’s seat. The major takeaways from last week’s FOMC Minutes and Fed Chair Powell’s speech are that there are no signs inflation will run away, real rates have stayed suppressed and as long as uncertainties in international trade persist, the Fed will

Crude oil is being driven by more plotlines than an afternoon soap opera. With upcoming sanctions on Iran, the Fed on pace for gradual interest rate increases, strikes in the North Sea and a big drop in the U.S. oil rig count (which fell by 9 rigs, the biggest drop since May of 201), there

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Friday, Aug. 24, 2018. …read more From:: Resource Investor

Market events to watch this week. …read more From:: Resource Investor

The U.S. dollar is lower against most major pairs on Friday. The greenback was waiting for U.S. Federal Reserve Chair Powell’s speech at the central bank summit in Jackson Hole but in the end no new information was provided. Chair Powell reiterated the data dependency of the central bank and shared his optimism regarding inflation.

When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a

In yesterday’s article, we highlighted the crosswinds impacting today’s speech by Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium, eventually concluding that, “Powell [should] maintain the same optimistic perspective he espoused at his Congressional testimony last month” (see “Is EUR/USD Rolling Over Ahead of Powell?” for more). …read more From:: Resource Investor

As we noted in the recap to yesterday’s FOMC minutes (see “FOMC Minutes: Three Frustrating Fed Fears Fail to Fade” for more), this week’s marquee event for the US economy was always going to be Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium, which takes place at 10:00am ET. …read more From:: Resource