Markets On The Edge
The technicals and fundamentals are starting to align for a major correction in global markets. Terry Alexander, Head of Global Research at Business Monitor, joins Mark Schaltuper to discuss some of the key views on the markets.
Posts Tagged ‘correction’
Yield Curve Signals Pain Ahead
On a nonfarm payrolls day, and with equities looking awful on a long-term basis but well oversold on a short-term basis, Risk Watchdog is looking to the bond market for medium-term clues. Yields in the US and Germany have come down significantly over recent weeks, particularly at the long end. The immediate reason for this [Read more...]
Precious Metals Under Pressure
Precious metals have been hit particularly hard in recent trading and I see potential for further downside in the coming days, as I suggested recently. Weaker equity markets, a rise in risk aversion and a concomitant rise in the US dollar have weighed on commodities. Currently, daily momentum indicators are firmly into oversold territory and [Read more...]
