Submitted Aug 19, 2022|From orbex.com

Back in late June, we talked about spotting a bear market rally, and how the market tends to rise through summer. Since then, most stock markets around the world have risen, and the Nasdaq even managed to technically get back into a bull market ...

Submitted Aug 12, 2022|From orbex.com

Yesterday, OPEC and the IEA provided their monthly reports on the oil industry. What got quite a bit of headlines was OPEC’s forecast that crude demand would decrease during the remainder of the year. With both Brent and WTI below the $100/bbl mark, ...

Submitted Aug 10, 2022|From orbex.com

Earlier today, a somewhat worrying report came out that a key point in the Rhine river would likely become impassable on Friday. It takes several days for the water to flow down the length of the river, which allows for fairly accurate predictions ...

Submitted Aug 8, 2022|From orbex.com|3 comments

On Friday, US Non-Farm Payrolls came in over twice what was expected. The unemployment rate dropped as well, if only by a decimal point. Yet US stocks (as measured by the S&P 500 and Nasdaq) dropped. Why would it be a “bad” thing for US businesses ...

Submitted Jul 29, 2022|From orbex.com

Overnight, reports surfaced that the Chinese government was “backing away” from its growth target for this year. The media pointed to a recent Communist Party planning meeting in which the target wasn’t mentioned. Remember that the NPC earlier set ...

Submitted Jul 25, 2022|From orbex.com

Inflation figures in Australia tend to have a somewhat outside impact. The country is somewhat unique in only reporting CPI changes once a quarter. Normally, when there isn’t much fluctuation in inflation. That isn’t much of a problem, but with the ...

Submitted Jul 15, 2022|From orbex.com

There has been quite a shift in the markets over the last couple of days. Understanding that will help us understand why we should be paying very close attention to the yield curve right about now. On Wednesday, the US reported higher than expected ...

Submitted Jul 11, 2022|From orbex.com|2 comments

With the Euro fast approaching parity with the dollar, there is a lot of attention on what the ECB will do at their next meeting. But, as the central bank that has waited the longest to deal with the post-pandemic inflation bout, the ECB is in a ...

Submitted Jul 8, 2022|From orbex.com|5 comments

US President Biden is holding a meeting today to discuss a plan to lift tariffs imposed on certain goods imported from China. Although it’s being billed as “reversing” the Trump Administration’s tariffs, the reality is a little more complicated. For ...

Submitted Jul 7, 2022|From orbex.com|3 comments

This time around, NFP could rock the markets. Not so much because of monetary policy implications, but what they could say about the underlying economic situation. Talk of a recession keeps growing, and NFP is one of the first complete data sets for ...

Submitted Jul 1, 2022|From orbex.com

Cathie Wood, who manages ARK investments funds, is popular among retail traders. Which is not surprising, since smaller traders tend to be more bullish and growth-favoring. So, it was quite noteworthy when she came out yesterday to say that “we” ...

Submitted May 18, 2022|From orbex.com

At their last meeting, the RBA caught most economists by surprise, raising interest rates by 25bps to an unusual level of 0.35%. Most analysts expected no move, and those who did, figured the Reserve Bank would align policy at 0.25%. Despite the ...

Submitted May 9, 2022|From orbex.com

For the last month, the Euro has been getting weaker against its major trading partners. The EURUSD took a particularly strong move lower after the ECB failed to substantially change its monetary policy. Although it was a relatively strong move, it ...

Submitted Apr 18, 2022|From orbex.com

All last week, crude prices trended higher after bouncing off the $100/bbl handle. Despite the extended holiday, there has been some interesting news that could drive the market. One of the bits that got little coverage, but could be a sign of where ...

Submitted Apr 1, 2022|From orbex.com

The headlines from the OPEC+ meeting yesterday were that the cartel agreed to keep its policy steady. And technically, that is true. The Organization agreed to raise production (specifically, ‘ease cuts’) by 400K, starting in April. This was a bit ...

Submitted Mar 3, 2022|From orbex.com

Last month’s NFP figures took everyone by surprise, coming in well above even the most optimistic expectations. It was one of many factors contributing to speculations that the Fed would become increasingly hawkish. That, in turn, helped support the ...

Submitted Mar 3, 2022|From orbex.com

USOIL looks at a global upward impulse wave a of the cycle degree. This consists of primary sub-waves ①-②-③-④-⑤. After the end of the primary correction wave ④, an impulse came into formation. Most likely, the primary fifth wave is now under ...

Submitted Mar 2, 2022|From orbex.com

The EURUSD is down 250 pips from the start of the year. But since early February it has taken a turn lower, which significantly accelerated after Russia invaded Ukraine. The next major support level appears to be 1.1000. Will it fall that far, or ...

Submitted Feb 24, 2022|From orbex.com

Trying to figure out what Russia or even the G7 will do is at best highly speculative guesswork. Nonetheless, there are some facts of the situation that could help us understand where things could go given different scenarios. Particularly there are ...

Submitted Feb 23, 2022|From orbex.com

Tomorrow we get the first look at US GDP numbers for the last quarter and the full year. The consensus is that there was a significant acceleration in the economy in the last three months. That included the period of omicron’s first detection and ...