Showing 8148 Results for euro
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Showing 8148 Results for euro
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January 28, 2016
Japan opened weaker (mostly following the poor close on Wall Street) but was also influenced by the poor Retail Sales (Est -0.1% v’s actual -1.1%). However, after the initial shock prices recovered on rumors of additional stimulus expected to be announced tomorrow (following its two day policy meeting) but even that could not stop the Index […]
January 28, 2016
We have penetrated last year’s low in the cash S&P500, but not in the Dow yet. The Yearly Bearish does not come into play until we get to the bottom of the upward channel. Penetrating last year’s low is indeed setting the stage for the Slingshot. Everything on our models is clearly pointing to this […]
January 28, 2016
Google’s artificial intelligence computer has beaten the European champion of the board game Go. Not just once, but 5 to 0. This game is far more difficult than Chess as it requires more than merely creating lists of patterns to beat. It requires strategy. Our computer has accomplished the same but in forecasting. Our list of […]
January 27, 2016
We saw a mixed session in Asia with good performances by the Nikkei (+2.7%) and the Hang Seng (+1%) but had Shanghai spoil the party with a -0.5% decline. That performance was actually rather good as we had seen the Shanghai Index down over -4% intraday. In Europe all Indices opened lower but spent the […]
January 26, 2016
It was all too weary early this morning with Asian markets collapsing as oil prices hit session lows of $29.25 (WTI) and the Shanghai Index closed down 6.4%. News intraday that the PBOC had conducted its biggest daily open market operation in three years (360bn yuan) still could not turn the mood. The majority of […]
January 26, 2016
QUESTION: Mr. Armstrong; I have not read anywhere else how the money created by the Fed you call elastic will evaporate when the bonds they bought mature. You seem to do much more in-depth research than anyone else who just spins conspiracy theories leaving one question what is real or not. Can you elaborate on […]
January 25, 2016
Asia’s response to the late U.S. rally in stocks was to play catch-up this morning with all core indices closing up around 1% (roughly where they opened). The ASX followed the surge in oil prices with a gain of almost 2%. Rumors around the market that the BOJ has furthered easing plans helped sentiment, so […]
January 25, 2016
COMMENT: Hi Marty, Found this on Reuters website in an article entitled ‘Desperate in Davos: policymakers struggle for answers’. http://uk.reuters.com/article/us-davos-meeting-mood-idUKKCN0V10OL The most interesting part was this: ‘At a lunch entitled “The End of Political Consensus”, there was broad agreement that rising inequality, and the sense that elites were only looking out for themselves, was fuelling […]
January 24, 2016
On the WEC forum, there are four video updates on forecasting for the following key markets: Currencies: Euro, Pound, Yuan Commodities: Metals DOW, DAX, Nikkei, etc. Crude Oil Update
January 23, 2016
The German government has now admitted it cannot account for 600,000 of the 1.1 million migrants who arrived in the country last year. And people wonder why the borders are closing? Germany has become one giant mess; it is a transit stop, but for what purpose? Germany was not equipped to handle these refugees and this […]