Oil Holds at Highs

Oil continues to trade at highs, despite investors fixing profits. Today, Brent Crude Oil is still trading above $60 per barrel. Brent Crude Oil is supported by the possible extension of the OPEC deal. However, expectations of the publication of the report from the American Petroleum Institute also influence the oil market. Market participants take into account forecasts about the content of the report from the US Energy Department, which will […]

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GBP Gains Ground but EUR Is Still Under Pressure

The most traded currency pair managed to break above 1.16, but further rally will unlikely be sustained. The euro is trading at 1.1631 against the US dollar. Experts say that macroeconomic statistics from the eurozone did not change the attitude of traders towards the single currency. The pair gains ground on the back of the weaker greenback that lacks momentum due to geopolitical factors. Meanwhile, the Eurostat released the flash inflation data […]

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Preliminary Momentum Strategy and Value Strategy Updates

The home page, “Momentum Strategy” and “Value Strategy” now show preliminary Simple Asset Class ETF Momentum Strategy (SACEMS) and Simple Asset Class ETF Value Strategy (SACEVS) positions for November 2017. For SACEMS, the top three positions are unlikely to change by the close. For SACEVS, allocations are unlikely to change by the close.

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Markets Brace for UK Rate Rise

FTSE 100 companies make less than a third of their total revenues in the U.K, … inflation and further rate increases and stops benefiting the FTSE 100.

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