Passive Income Strategies for Global Investors.

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End #October #Halloween #plus #2% #growth #alternative #investments #forex #money #e2globalfx

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Known Unknowns

The key economic releases this week include the personal income and spending report on Monday, ISM manufacturing on Tuesday, ISM non-manufacturing on Wednesday, and the employment report on Friday. The November FOMC statement will be released on Wednesday at 2PM. In addition, there are a few scheduled speaking engagements from Fed officials this week.   This Friday’s nonfarm payroll report is the…

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Ghana Lower Gold Prices

Ghana Lower Gold Prices

ACCRA, Oct 26 (Reuters) – Ghana’s producer price inflation (PPI)  GHPPIY=ECI  fell to 9.7 percent year-on-year in September, from 11.1 percent the month before, driven in part by lower gold prices, the statistics office said on Wednesday. PPI is a major component of consumer inflation, which has consistently remained above the government target. The West African commodity exporter signed a…

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"Everything is Awesome," Right?

“Everything is Awesome,” Right?

Case-Shiller Home Prices Rise To 2006 Record Highs   According to the non-seasonally adjusted S&P CoreLogic (Case-Shiller) Home Price index, prices have recovered all of their losses and are back at the highest since June 2006 record highs in August. All 20 cities saw home prices rises year-over-year (and 14 up MoM) but we note that this data does lag the disappointing home sales data from…

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US Dollar Spikes

To Fresh 8-Month Highs As Dec Rate Hike Odds Top 70% As Bloomberg’s Richard Breslow noted, The Fed has a Plan A. Go for a December rate hike and work the low and slow mantra to keep everyone calm — and the bubbles from bursting too quickly. There’s no Plan B because that will be decided by results and events as yet unknown.   As long as equities remain in demand, the drag on financial conditions…

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Aluminium Hits Lowest

Aluminium slid to its lowest in nearly a month on Thursday on worries about oversupply after a rise in output from top producer China and heavy flows into LME warehouses in Asia. Total Chinese production in September was 2.75 million tonnes, up from 2.713 million tonnes in August, data from the International Aluminium Institute (IAI) showed.   At the same time, the London Metal Exchange reported…

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Dumps Keep On Coming....

Dumps Keep On Coming….

The last debate may have come and gone, but the daily Wiki Podesta dump continues. Wikileaks Releases Another 4,470 Podesta Emails In Part 13 Of Data Dump; Total Is Now 23,423 Previous dumps of Podesta emails have included examples of collusion between the campaign and the media, disparaging comments about Bernie Sanders and copies of speeches given to Wall Street bankers, including Goldman…

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Ariad Pharmaceuticals down 11%

Ariad Pharmaceuticals down 11%

Shares of ARIAD Pharmaceuticals plunged as much as 15 percent after Sen. Bernie Sanders criticized the price of the company’s leukemia drug on Twitter. The stock recovered some of its losses, but was last trading down about 11 percent. ARIAD did not immediately respond to CNBC’s request for comment.The key biotech ETF has fallen 21 percent in 2016, as the sector faces renewed criticism on the…

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Loving Harry’s Shave By now you’ve probably been inundated by hundreds of ads and commercials from shaving companies caught up in the “razor wars.” We dug a little bit deeper into one of them to see why all of a sudden every guy seems to be switching to Harry’s for all their shaving needs.

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Strong USD$

Dollar marks strongest gain against euro in nearly a year The dollar strengthened on Friday, posting its sharpest weekly advance in almost a year as expectations for an interest-rate hike by year’s end continued to increase. It finished the week with a 1.9% gain against its European rival, its largest increase since the week ended Nov. 6. Investors focused on hawkish comments from Fed officials…

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Say What? #Snapsheet, the prominent provider of virtual claims technology and services, today announced the closing of a $20 million series C investment round, led by F-Prime Capital and IA Capital Group, with strategic participation from Liberty Mutual Strategic Ventures, Intact Ventures Inc. and a USAA subsidiary.

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More Downside To Come?

More Downside To Come?

GBP/USD is currently consolidating the volatility of last week while markets stay clear of being positioned in a currency that may or may not have based yet.GBP/USD made fresh cycle lows last week prior to the flash crash that took the pound down into the low teens before the price was driven back to the mid point and current spot level back into the 1.20’s again. The question now is whether the…

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Jamie Oliver’s Chicken in Milk Today: A one-pot technique for the most tender roast chicken, with the most strangely appealing sauce. One of the best whole chickens we have made @ e2GlobalFX in a long time. Check out the recipe here.

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Got Chills Yet?

What we have seen so far to date with the #SPX   – Elevated concerns about Europe and its banks (possibly even creating some US/Europe conflict)   – The most polarizing US Presidential election in modern times   – Increased “taper talk” emanating from Japan and Europe and rising concerns about the efficacy of the Central bank policy around the World and the possibility it becomes unhinged.   – A…

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Aussie Remains Robust on Putin

Aussie Remains Robust on Putin

AUD/USD is performing well considering the strength of the U.S. dollar elsewhere and has been stable around the 0.76 handle, actually recording a high of 0.7629 so far.     It is risk on out there since the weekend’s presidential debate and Trumps feminist blunder that has essentially sealed the deal for Clinton in the eyes of the market and with holidays, the bulls are taking advantage. The…

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Is America Energy Independent?

Is America Energy Independent?

Three words. It is not!!!!   To be sure, U.S. energy independence has advanced. Last year, about 24 percent of petroleum consumed in the United States came from abroad, the lowest level since 1970, according to the EIA.   But while a revolution in U.S. and Canadian oil drilling has significantly reduced the country’s reliance on imports from OPEC since 2007 — when annual OPEC imports were nearly…

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