Sergey Golubev / Blog
ISM Index (Institute of Supply Management's index, former NAPM - National Association of Purchasing Managers) is the index of business activity. ISM figures above 50 are usually considered as an indicator of expansion, while values below 50 indicate contraction...
"EUR/USD is watching the Greek debt talks but following the bond market. EUR/USD moves correlate more at the moment with the 10yr Bund/Treasury spread that with 2-year spreads." "These correlations are not going to last for long. But for now, we suggest that EUR/USD is currently in a 1.11-1...
"This could be due to lingering uncertainty about the deal. Indeed, various media reports have highlighted creditors' concerns that the new proposal is putting too much emphasis on new taxes (on both businesses and households) to balance the books...
Though there are several venture capitalists that are showing their interest in funding Bitcoin startups and the companies that are in trouble, Block26 announced plans to invest in hand-selected companies that embrace the blockchain, the revolutionary technology behind Bitcoin...
W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between 38.2% Fibo support level at 94.27 and Fibo resistance level at 97.30: 24.6% Fibo support level at 95...
The Long Expansion (Dr. Ed Yardeni) Why IBM Moved To Index Investing (Rebalance IRA) but see Active Managers Are Beating the Market By Taking On More Risk...
W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between 190.68 support level and 195.82 Fibo resistance level: 23.6% Fibo level at 190...
USD: Neutral. "We remain medium-term USD bulls, but we continue to believe USD will struggle in the near term. We believe inflation readings will have more importance with employment bouncing back but core inflation remaining low...