Content
The Laffer Curve Is Misleading And Dangerous
Article By:
Steven Saville
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Tuesday, October 3, 2017 4:32 AM EDT
The logic underlying the Laffer Curve is that the greater the tax on production, the lesser the amount of production.
RBA Keeps The Pressure On AUD/USD
Article By:
Yohay Elam
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Tuesday, October 3, 2017 4:11 AM EDT
The Reserve Bank of Australia left its interest rates unchanged at 1.5%, as widely expected. However, they seem to have upgraded their rhetoric regarding the strength of the Australian dollar.
Housing Market Review – A Growing Rift Between The Data And The Stocks - Sept. 2017
Article By:
Dr. Duru
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Tuesday, October 3, 2017 4:06 AM EDT
On an annual basis, single-family housing starts soared 17.1%, well above last month’s 10.9% year-over-year jump. The first eight months of 2017 have delivered close to and above double-digit gains meaning that the uptrend remains well intact.
Weekly Gasoline Price Update - Regular And Premium Down Two Cents
Article By:
Jill Mislinski
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Tuesday, October 3, 2017 3:52 AM EDT
California has the highest average price for Regular at $3.09 and San Francisco, CA is the most expensive city, averaging $3.23. Oklahoma has the cheapest at $2.22. WTIC end of day spot price closed at 50.58, a 3.1% decrease from this time last week.
RBA Holds Rates Amid Plunge In Iron Ore Prices
Article By:
Samed Olukoya
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Tuesday, October 3, 2017 3:43 AM EDT
The Reserve Bank of Australia left interest rates unchanged on Tuesday following fall in global iron ore prices and weak economic growth.
Sensex Opens On A Strong Note; Tata Motors Soars 5%
Article By:
Equitymaster India
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Tuesday, October 3, 2017 3:22 AM EDT
Asian stocks markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.77% while the Hang Seng is up 1.59%. Markets in US closed at record highs on Monday's trade as Wall Street kicks of Q4 on a high note.
EUR/USD: A Downturn Or Just Another Buy Opportunity?
Article By:
Yohay Elam
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Tuesday, October 3, 2017 3:13 AM EDT
BTMU FX Strategy Research notes that the EUR has weakened modestly into the new trading week in response to the Catalan independence referendum.
In this article: FXE
EUR/USD, GBP/USD Continue With Bearish Channels Below Fib Levels
Article By:
Chris Svorcik
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Tuesday, October 3, 2017 2:44 AM EDT
The EUR/USD is trying to break below the 23.6% Fibonacci level. could create a larger ABC. A bearish breakout could see price fall towards 1.15 at the 38.2% Fibonacci level of wave 4 vs 3, which in turn could act as potential support.
7 Statistics For Analyzing Your Trading System
Article By:
Cory Mitchell, CMT
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Monday, October 2, 2017 10:49 PM EDT
Statistics will also give you a wake-up call when you aren’t following your plan.
Art Cashin: "I've Never Seen Anything Like Today's Market Before"
Article By:
Tyler Durden
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Monday, October 2, 2017 9:44 PM EDT
When asked what it would take to spark a meaningful correction in stocks, Cashin said he expects investors will take notice once the 10-year yield climbs above 3%.
Rotate Me
Article By:
The Heisenberg Report
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Monday, October 2, 2017 9:00 PM EDT
There’s no clear direction headed into the home stretch for 2017.