Successful traders do not have a crystal ball.They identify and assess risk and then act accordingly. As 2018 ends and we look forward to 2019, what risks should we concern ourselves with? I am going to concentrate on three main areas of risk for traders in the United States: a continued trade conflict with China, the effect of Brexit on the global economy and stability in the oil producing region of the Middle East specifically with regards to Saudi Arabia. Trade Conflict with China When the current U.S. administration made it clear that there would be a different approach to…
Market Update: December Review
As the last week of December comes to a close, Jack Bouroudjian discusses recent market moves and what to look forward into the coming year. The post Market Update: December Review appeared first on OpenMarkets. Source: CME Open Markets – Market Update: December Review
What to Watch in Energy Markets in 2019
The only certainty about global energy is that the markets will continue to surprise in 2019. The energy business has always been notorious for its ups and downs. This is even more true today when the energy landscape is evolving rapidly. The old order is changing fast as new trade routes emerge, driven by the resurgence of US energy production. That said, there are a few key trends that emerged in 2018 that are likely to set the tone for the year ahead. U.S. Oil Independence The United States was a net exporter of oil and refined products for one week…
What Makes A Bear Market?
The most commonly held definition of a “bear market” in stocks is a 20 percent price decline from peak to trough. Although there are several different index’s one could use to measure, most often people are referring to the Dow Jones industrial average or the S&P 500 index. Traders tend to look at the S&P 500 because it’s far more broad then the Dow 30 and less volatile than the technology heavy Nasdaq 100. Since 1999 there have been three bear markets in the S&P 500. All bear markets are definitely not created equal. The “tech wreck” of 2000 and…
Market Update: What’s Driving the Market?
Jack Bouroudjian discusses the factors behind today’s volatility hitting stock markets, and why we should watch the Fed and the yield curve before the end of the year. The post Market Update: What’s Driving the Market? appeared first on OpenMarkets. Source: CME Open Markets – Market Update: What’s Driving the Market?
Market Update: Getting Ready for 2019
The equity market slide continued in a big way, including the worst week for the Nasdaq in about a decade. Jack Bouroudjian unpacks it all and looks at what traders should watch to begin 2019. The post Market Update: Getting Ready for 2019 appeared first on OpenMarkets. Source: CME Open Markets – Market Update: Getting Ready for 2019
Why Currencies Were Less Oil-Linked in 2018
OPEC’s decision to cut oil production beginning in January 2019 might have been expected to boost oil-linked currencies, but other factors are taking their toll. The currencies most closely associated with crude oil prices are the Canadian dollar (CAD) and the Russian ruble (RUB), although the former is also heavily influenced by U.S. interest rates. Canadian Dollar Correlation between the CAD and oil has risen in recent months and the loonie has been boosted by a cut in production in Alberta that saw Western Canada Select crude surge more than 70 percent, narrowing its discount to the U.S. benchmark, WTI.…
Market Update: What Comes After The Rate Hike?
Jack Bouroudjian examines today’s rate hike from the Federal Reserve and how commodity markets and the yield curve responded. The post Market Update: What Comes After The Rate Hike? appeared first on OpenMarkets. Source: CME Open Markets – Market Update: What Comes After The Rate Hike?
Market Update: The Market Awaits FOMC
Ahead of this week’s FOMC meeting, is the market finding its footing? Jack Bouroudjian looks at what traders are expecting from the Fed decision, and how that decision could impact markets in 2019. The post Market Update: The Market Awaits FOMC appeared first on OpenMarkets. Source: CME Open Markets – Market Update: The Market Awaits FOMC
Trade War Costs to Consumers, Companies and Nations
New Report: Trade War Costs to Consumers, Companies and Nations Fallout from the escalating U.S.-China trade war will ripple through consumers, companies and the world’s two largest economies. Any hit to the bottom lines of American companies will be modest, relative to the size of overall corporate profits. Learn More ...