Currencies

5 Charts For Global Investors: Key Market Trends

It’s time for another set of 5 macro technical charts to watch as we move further into the month of January (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at technical price developments.  And even if you’re not technical analysis minded…

US Dollar Oversold, But Weakness Extends Commodities Rally

The US Dollar Index’s decline to start 2017 could prove important for the near-term, as we’ve seen a decent bounce in commodities that looks to have some trading “legs”.  On a short-term basis, that may mean further strength for select commodities in the next 2-3 trading days. The US Dollar index…

The COT Report: 3 Charts For Commodities Traders

The following is a recap of the January 6 COT Report (Commitment Of Traders Report) released by the CFTC (Commodity Futures Trading Commission) looking at COT data and futures positions of non-commercial holdings as of January 3. Note that the change in COT report data is week-over-week. Excerpts of this blog…

S&P 500 Update: Upside Potential Into Mid-January

S&P 500 Futures (2-3 Days) – Bullish – Pullbacks ended up being minor by end of day yesterday, and prices retraced nearly all the weakness to close near highs. This is a short-term positive development. Movement up to near 2285 looks likely into January 12 before any peak. A move under…

COT Report: The State Of Commodities Into 2017

The following is a recap of the December 30 COT Report (Commitment Of Traders Report) released by the CFTC (Commodity Futures Trading Commission) looking at COT data and futures positions of non-commercial holdings as of December 27. Note that the change in COT report data is week-over-week. Excerpts of this blog…

US Dollar Update: These Two Charts Point To Further Upside

When the US Dollar (CURRENCY:USD) rallied 25%across 2014/2015 it triggered a series of ripple effects that reverberated across global markets and economies, weighing heavily on commodities and forcing tightening of financial conditions in the US and emerging markets. As an investor having good handle on the outlook for the US…

December 23 COT Report (Commodities): Watch That Dollar!

The following is a recap of the December 23 COT Report (Commitment Of Traders Report) released by the CFTC (Commodity Futures Trading Commission) looking at COT data and futures positions of non-commercial holdings as of December 20. Note that the change in COT report data is week-over-week. Excerpts of this blog…

The State Of The Global Financial Markets In 5 Charts

I’m back with another set of 5 macro technical charts to watch (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review strictly looks at technical price developments.  Even if you’re not technical analysis minded it’s a useful way to keep on top of…

Central Bank Focus: The Indomitable Dollar And It’s Raining Yen

Recently, I have partnered with Arun Chopra on a new research business called Fusion Point Capital (read more on our offering below). We fuse together longer-term fundamental indicators with technical indicators to do historical studies. Today I want to look at the Federal Reserve (central banks) and the increasingly volatile currency markets. We’ll…

Japanese Yen And Gold Due To Bounce: But Then What?

Much attention of late has been focused, with good reason, on rising yields, falling bond prices and the collapse in the Japanese Yen not to mention Gold. But many don’t know how tightly correlated these assets are. As a strategic technical analyst, I look for macro themes (economic and fundamental)…