Apple Inc. (NASDAQ:AAPL) Gets a Shakedown from the EU. Is Ireland Next to Bail? “Total political crap.” That’s how Apple CEO Tim Cook described the European Commission’s ruling that the iPhone maker must pay 13 billion euros ($14.5 billion), plus interest, in back taxes to Ireland, its longtime European host. Meanwhile, the island-nation is … More 7th of September – Apple’s Day . .
Even if you are moving slow it’s better than not moving at all . . The long-awaited American jobs report did nothing to break the tedium of U.S. markets. The S&P 500 Index hasn’t seen a 1% move in either direction … More Things get stuck in a rut , Investors are guessing where are we heading for . .
While the International Monetary Fund has warned that Britain quitting the European Union would be a risk to global financial stability, one of the asset classes most vulnerable to the shock isn’t hearing the alarms, according to Allianz Global Investor’s sterling fund manager.Peripheral euro-area government bonds are under pricing the risks of a … More CPI m/m Fundamental’s UK. .
USD – RETAIL SALE’S m/m Date Actual Forecast Previous Apr 13, 2016 -0.3% 0.1% 0.0% This is the earliest and broadest look at vital consumer spending data for the United States. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity. Any changes upon the … More USD – Retail sale’s m/m
Current rate – 1.10617 (%change) – (-0.59%) Day range – 1.1055 / 1.1135 As we seen on the chart above EUR/USD is sliding slightly down from 78.40% fib level to 50.00% fib level with barely break in the recent level which is the 50% fib as we said, meanwhile there we can located … More EUR/USD ; DAILY CHART
The dollar edged higher against the euro Friday after U.S. core consumer prices recorded the largest monthly gain since August 2011.U.S. core prices, a measure of inflation that excludes food and energy, jumped 0.3%, driven by rising medical care and housing costs. EUR/USD ; DAILY CHART The shared currency has steadily declined … More Dollar strength vs Euro inflation signs . .
→ The market situation suggests that gold is one of the beneficiaries of the market asset’s,gold held its ground near a three-month high as losses in global equities and oil fanned haven demand and investors reduced expectations of further U.S. rates rises. Standard & Poor’s said Friday’s soft fourth-quarter U.S. GDP report indicated that the … More Gold.., the best commodity for now ..?!
Current rate – 1.09160 The Euro traded slightly higher versus other major currencies Headline CPI at 0.4%, Core CPI Printing 1.0% ECB March policy meeting still in focus Whilst the numbers today showed a slight acceleration in the Euro-Zone’s inflation, the data came generally in line with expectations, as supposedly technical effects from a … More EUR/USD BRIEF
Current price – 1.08258 As we can see on the chart above Eu is in Accumulation/Distribution period , it’s going to touch the support line and start gaining position for a new uptrend, first point for eventually resistance is located at 1.10 approximately, if it breaks the line next point we are going to … More EUR/USD ; DAILY CHART
Current rate – 1.08160 As we seen on the sixty minutes chart above, the consolidation is confirmed, we have three top point’s and the EU is at 38.20% fibb level. Where we can located the Daily support which is the important line for the EU now (located at 1.0815 ) it already test it … More EUR/USD ; BRIEF