Whiplashed? Last weekend, President Trump threatened again to walk away from NAFTA. Within 48 hours, reports suggest he wanted an agreement at next week’s Summit of the America (April 13-14 in Peru). The art of the deal is getting to the deal. After 15 months in office, some political commentators suggest Trump is feeling more …
Will A NAFTA Deal Be Struck (in principle) Next Week? Read More »
The US dollar appears to be carving a low against the yen. After a significant fall, investor ought to be sensitive to bottoming patterns. The first tell was the key reversal on March 26. In this case, the key reversal was when the dollar made a new low for the move (~JPY104.55) and then rallied …
Great Graphic: Has the Dollar Bottomed Against the Yen? Read More »
Global equity markets are higher, following the stunning recovery in the US yesterday, where the S&P 500 rallied 76 points or 3% from its lows to it highs, near where it finished. The outside up day is seeing following through today. Without China and Hong Kong, which are on holiday, the MSCI Asia Pacific Index …