Do you remember our magazine issue in November last year? Hopefully you read our special feature starting page 15 “A Brief History of Oil”, Link here – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v10_generic, in particular the last part about the WTI – Brent spread, which we transcribe here: “The most interesting situation for us, however, is in relation to the current…
Global markets continued to display see-saw movements today as investors digested key highlights from day one of the G20 meetings. Policy officials were quick to highlight the structures which are already in place to help increase job creation as well as business development, which led to a temporary boost in investors’ sentiment. However, this proved…
As I have stated before, it appeared that perhaps the easiest way to gauge when gold the was about to turn,on a sustained basis, was to keep an eye on gold mining stocks. I reminded of this today as I look at the daily chart of Randgold Resources (RRS). What can be seen here is…
Guest Post by Investment Contrarians Federal Reserve Chairman Ben Bernanke testified to the House Financial Services Committee last Wednesday, and there was nothing surprising in what he said. He stated that the money printing will continue until there’s improvement in the economic recovery and the jobs market. Bernanke again repeated that the Federal Reserve might begin to…
A few years after the Federal Reserve cut key interest rates to record low levels, and having implemented three massive cash injection programs in order to provide liquidity to the market, it seems an appropriate point to look into the real and lasting effects on the US economy. At a first glance we can see…
European equities have opened softer this morning in sympathy of an overnight slide in Asia and with large-cap tech missing estimates on Wall Street. Google and Microsoft disappointed the street after announcing profits lower than forecast by analysts. Despite the weakness in stocks this morning, global equities are still on track to post a fourth week of…
Today’s chart pattern on the FTSE 100 reminded me precisely why those who are trading the markets do it. It is not to be mesmerised by the latest Philly Fed numbers, the fact that apart from QE the Bank of England has nothing left in its armoury and it is now left to fiscal policy…
Guest Post by Investment Contrarians It seems like every day we’re seeing the stock market advance higher, which makes me wonder if traders are just trigger-happy and trading on the momentum in the market—and, trust me, there’s plenty of it. Whether you are a day, swing, or longer-term trader, there’s easy money to be made.…
Ben Bernanke is due to continue his latest testimony today at 15:00 BST, and no doubt investors will be hoping for some significant developments regarding the Fed’s stance on monetary policy. Whilst Bernanke has already made clear that the central bank’s asset purchases are not on a pre-set course, policy makers are still debating the…
Austrian economists’ nemesis and Fed Chairman “Helicopter” Ben Bernanke certainly put the cat amongst the pigeons a few weeks ago, shocking everyone with his potential “tapering” talk and then, in an abrupt volte face, backtracking as the market, not surprisingly, began to crack. It seems that the FED just isn’t sure about what to…
