The recent downdraft in various commodity indices was clearly justified by rising deflationary fears. It now appears that the major washout across so many commodities was primarily the result of disappointing US Non-Farm Payroll figures and the less-than-stellar GDP growth in China. Lingering fears of bird flu in China, the terrorism incidents in the US […]
Tag Archives | Bonds
April 2, 2013 – As of this writing June bonds have forged an upside breakout on the charts and have reached their highest levels since the December 31st-January 2nd gap-down washout, and it looks like the market has returned to an important technical and fundamental juncture. The slide off the 2012 highs was the result […]
Throughout this past week, many traders had the same question: How could the little island nation of Cyprus wreck so much havoc upon global markets? Although Cyprus has a population of just over 1 million and a GDP that is less that 0.15% of the total for the 27-nation European Union, their financial service sector […]
Asian equity markets were generally lower during the overnight session, with the Shanghai A Share Index down by more than 1%. The Japanese Nikkei Index was only down 0.28%, as it found support from recent weakness in the Yen. European stock markets are posting mixed results this morning, although the Italian MIB Index is up […]
The Continuous Commodity Index recently fell to its lowest level since August 15, 2012. While the brunt of that slide was due to fear of a premature ending to US quantitative easing, the soaring US Dollar provided added the selling pressure. Some traders suggested that many commodities were also weakened by the fears that another […]
Below is a sample of The Hightower Report’s Daily Commentary. To get this comment, and our daily coverage of 15 additional markets and trade ideas, visit futures-research.com for your free 2 week trial! The Treasury market held up rather well in the face of a recent string of slightly better than expected US data points. […]
With a recent TIC report showing ongoing foreign investor interest in US Notes and Bonds, it is clear that US Treasuries and the US currency are set to remain in a very limited group of flight to quality instruments.
While the recent change in leadership in Greece and France cast doubt on past austerity pacts and the uncertainty has injured global confidence, it isn’t a given that the global recovery attempt will be completely foiled by this bump in the road.