United States

Wall Street drops on US home sales

Sep 24, 2009 11:53AM

U.S. stocks fell on Thursday as a surprise decline in existing home sales suggested an economic recovery would be slow, even as initial jobless claims dropped. Read more

United States

A Road Map To SENSEX 100,000

Aug 04, 2009 6:53PM

Prices in India's SENSEX have just broken above a downtrend line, imitating a pattern from 2004 that led to a strong rally. This interim report updates our wave count for India, since its wave pattern in particular may offer investors a rewarding long-term opportunity. Read more

United States

Monthly performance round-up: Road to recovery (June 30, 2009)

Jul 02, 2009 3:04PM

The performance of a number of global stock markets is given in the table below in local currency terms for different measurement terms ended June 30. Read more

United States

Private Equity in China: IPOs Are Out for Now, but Opportunities Exist

Jun 29, 2009 11:35AM

As private equity luminary Hugo Shong, founding general partner of China-based IDG Technology Venture Investment, noted at the recentWharton Global Alumni Forum in Beijing: "The IPO market is pretty much dead." Read more

China presses developed world on policy after G20

Nov 07, 2009 8:21PM

China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met... Read more

G20 pledge to support economy until recovery firms

Nov 07, 2009 8:16PM

Group of 20 finance ministers and central bankers pledged on Saturday to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Read more

GBP/JPY Weekly technical Outlook

Nov 07, 2009 12:55PM

GBP/JPY rebounded strongly after dipping to 146.36 last week but after all, such rebound was limited at 151.21, below 151.72 resistance and thus retain the bearish outlook. That is, rise from 139.69 should have completed at 153.21 already. Friday's break of 148.56 minor support suggests that rise fr... Read more

EUR/JPY Weekly technical Outlook

Nov 07, 2009 12:53PM

EUR/JPY recovered strongly last week but after all, upside was limited below 135.97 resistance and thus retain the near term bearish outlook that fall from 138.47 is still in progress. Friday's fall and touching of 133.24 minor support, with 4 hours MACD crossed below signal line, suggests that chop... Read more

Gold Market Update

Nov 07, 2009 7:52PM

Last week gold's major new uptrend became established when following a successful test of support at the breakout point it advanced to new highs, indifferent to temporary dollar strength. The new uptrend is expected to be at least of similar magnitude and duration to the great uptrends of 2005 - 200... Read more

Victor Gonçalves Favors Juniors to Win the 2009 Gold Series

Nov 06, 2009 4:03PM

An avowed Keynesian, Equities and Economics Report writer Victor Gonçalves braces against the economic gale-force headwinds that threaten to whip gold's stellar run into seasonal weakness. But, before the new year, the yellow metal will generally see more strength than weakness, according to Victor,... Read more

Class Is Now In Session

Nov 06, 2009 1:03PM

Speculation early this morning was that U.S. employers likely have cut only 150,000 jobs in the month of October, a figure which would be the lowest in more than a year. The worst labor-market slump since the 1930s is now seen as possibly bottoming out, and the possibility of future consumer spendin... Read more

Crude Drop Below $80/bbl in the Wake of Weak U.S. Data

Nov 06, 2009 12:59PM

Crude's psychological $80/bbl level has finally given way as our 2nd tier downtrend line reaches an inflection point with what are now our 2nd and 3rd tier uptrend lines. Crude futures have even declined beneath our new 1st tier uptrend line, which runs through previous November lows. Therefore, Nov... Read more