LONGER TERM THEMATIC RESEARCH

Commodities to Benefit From Weakness in U.S. Equities

November 08, 2018 / Mike Macdonald

As U.S. equities approach psychological resistance at 3000, portfolio managers will be looking to reduce exposure, which may prove beneficial for commodities.

China Banking Rescues: Lessons from 1997-2005

November 08, 2018 / Mike Gallagher, Jeff Ng

The level and pace of increase in Chinese banks’ debt-to-GDP ratios are causing rising concerns about over-indebtedness leading to a 2007-08 style crisis for China’s banking and financial system in the coming years. China is fortunate, however, that the debt is between domestic creditors and debtors in yuan, with a large portion of major debtors state-owned and the financial system heavily influenced by the Chinese authorities.

Gold Price Rally Needs a USD Peak

November 01, 2018 / Mike Gallagher
Global central banks gold-buying interest increased in Q3 2018 with India, Poland and Hungary joining the usual suspects Russia, Turkey and Kazakhstan, according to the World Gold Council.
SHORTER TERM TACTICAL RESEARCH

NYMEX October Crude Oil Update: Early Signs of Stabilization

November 12, 2018 / Mike Macdonald

CLZ8 is showing early signs of stabilization as oversold daily momentum studies unwind and the negative Tension Indicator flattens.

Preview: U.S. October NFIB Small Business Optimism (Due November 13)

November 12, 2018 / David Sloan

While consumer confidence continued to rise in October, we do not expect much change in the NFIB small business optimism index.

Argentina Flows: BCRA Aims to Discourage Carry TradeĀ 

November 12, 2018 / Priscila Robledo

A negative global backdrop saw ARS opening the day losing 0.40% to 35.55.

Aon's 2018 Global Terrorism and Politcal Risk Maps