By Nathaniel Williams
5/21/2012 4:15:00 PM
While mainstream analysts tried to calculate every way the Greek debt deal could boost stocks, the March 2012 European Financial Forecast instead pointed out that near- and long-term gauges of investor sentiment were reaching a critical juncture: "The setup for a stock reversal is ideal," wrote Whitmer. How did that forecast work out?
Filed Under: european markets, eurozone
Category: European Markets
By Bob Stokes
5/16/2012 5:30:00 PM
Almost all bank buildings look solid on the outside. But, of course, the goings-on inside are what count. Greece is again in the spotlight, yet we know the financial health of other European banks is the bigger question...
Filed Under: banks, Elliott wave, euro stoxx 50, europe, european central bank, European debt crisis, eurozone, Goldman Sachs, soverign debt crisis
Category: European Markets
By Vadim Pokhlebkin
5/14/2012 3:30:00 PM
The European single currency, the euro, was introduced in 1999. Today its report card -- and that of the eurozone -- looks impressive. Why, then, is the euro also quickly becoming one of the most suspect currencies in the world?
Filed Under: Elliott Wave trading, Elliott wave, European Union (EU), euro, euro stoxx 50, eurozone, euro/USD exchange rate, europe, european central bank, European debt crisis, socionomics
Category: Global Markets
By Vadim Pokhlebkin
5/7/2012 9:15:00 PM
Bonds are a stepchild of the financial news world. Stocks, forex, energy, commodities -- all those markets get their spotlight many times a day on financial TV and in other media. Bonds, not so much. Bonds are complicated. For starters, there are lots of different bonds: Treasury, sovereign, agency, municipal, corporate; high-grade and high-yield (a.k.a. junk), etc. Then you have bond prices and bond yields; when one goes up, the other one goes down… Now multiply that across a dozen different nations. There is a lot going on.
Filed Under: Bear market, debt, diversification, Elliott wave, Elliott Wave trading, europe, European debt crisis, eurozone, Interest Rates, safe haven, trade targets, U.S. Treasuries
Category: Interest Rates
EUR/USD Dips Below $1.30
Was Mario Draghi's speech a bullish or bearish event for the euro? How about BOTH?
By Vadim Pokhlebkin
5/7/2012 5:30:00 PM
We've shown you before examples of how easy it is to interpret the same event as both bullish and bearish news for a market. Here's a fresh example. On May 3, the European Central Bank met to talk about interest rates. At that meeting, the ECB's chief Mario Draghi...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, European debt crisis, european markets, eurozone, forex, forex trading, online trading, Swiss franc, technical analysis, U.S. dollar, usd/jpy
Category: Currencies
By Nico Isaac
5/4/2012 6:00:00 PM
It’s been two years since the sovereign debt crisis crashed onto the European shores. And, despite 1-plus trillion euros in emergency bailout loans, the region’s economy has -- as my British friends would say -- “gone pear-shaped.” So, is this what rock bottom feels like?
Filed Under: AEX, Bank of England, CAC40, DAX, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: European Markets
By Vadim Pokhlebkin
5/2/2012 4:15:00 PM
The euro's slow upward grind from the April 15 low of near $1.31 ended with a bang on May 1. The violent decline that started that day and continued on May 2 very quickly -- as it usually happens -- erased almost all of the gains from the two-week rally. The move has been widely blamed on "European debt crisis worries." Of course...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, european central bank, European debt crisis, European Union (EU), eurozone, forex, forex trading, technical analysis, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
5/1/2012 9:15:00 AM
To continue the "global investments" theme started by the recent interview with EWI's Asian-Pacific analyst about the markets in India, Pakistan, Sri Lanka and Indonesia, I also sat down with our own Brian Whitmer, EWI's European stock market analyst. -- Brian, these days it's easier than ever to get exposure to global markets, especially given the explosion in ETFs. But there are too many markets to focus on, and too many opinions about them. You chose Elliott wave analysis as your market-forecasting method. Why Elliott? Why not just watch the news, like most investors? Brian Whitmer: To be successful in the market, you need...
Filed Under: AEX, bailouts, Bank of England, brian whitmer, CAC40, DAX, debt crisis, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: Global Markets
By Bob Stokes
4/27/2012 4:00:00 PM
Shortly after the fourteenth European debt crisis summit concluded and there was an "extraordinary shift from negativity to optimism," the November 2011 Global Market Perspective flatly said "The current level of unpayable debt is too big to bail." Yet financial journalists and many of the economists they interview have been busy talking about rising markets and recovering economies. Some were even saying that Europe's debt crisis was "under control." It seems not...
Filed Under: debt downgrade, European debt crisis, european markets, European Union (EU), eurozone, Greek debt, International Monetary Fund (IMF), Short Term Update, soverign debt crisis
Category: European Markets
Why Consider This $4-Trillion-a-Day Market? Part II
Elliott Wave International's forex expert discusses the pros and cons of speculating in currencies vs. stocks
By Vadim Pokhlebkin
4/23/2012 2:30:00 PM
Elliott Wave International presents Part II of the interview with Jim Martens. (Read Part I here.)
Filed Under: currency, Elliott wave, Elliott Wave Education, Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, online trading, prechter, risk appetite, risk management, Swiss franc, U.S. dollar, U.S. Federal Reserve (the Fed), usd/jpy, volatility
Category: Currencies
By Nathaniel Williams
4/23/2012 2:15:00 PM
Here's an example of how EWI helps you see what's going to happen financially in Europe before it happens: Just five days after our analyst published his analysis last year, showing that Portugal was on the threshold of needing a bailout, Portugal's government officially requested a bailout. One month later, it got one.
Filed Under: bailouts, europe, European debt crisis, european markets, European Union (EU), eurozone
Category: European Markets
By Nico Isaac
4/20/2012 5:30:00 PM
It’s been over two years since the European Central Bank began its open-heart surgery of the eurozone's anemic economy. So far, the procedure has included an unprecedented $3 trillion-plus in bailouts, monetary transfusions, AND toxic debt transplants. Yet, according to a recent slew of discomforting news reports, the economies across the pond would still flatline in seconds without constant life support.
Filed Under: bailouts, banks, central banks, Club EWI, credit crisis, debt, debt crisis, europe, european central bank, European debt crisis, eurozone, monetary policy
Category: European Markets
Why Consider This $4-Trillion-a-Day Market? Part I
Elliott Wave International's forex expert discusses the pros and cons of speculating in currencies vs. stocks
By Vadim Pokhlebkin
4/19/2012 4:30:00 PM
Elliott Wave International presents Part I of the interview with its Senior Currency Strategist, Jim Martens: Jim, our readers often tell us that they want to make money trading the markets. There are lots of options for would-be speculators out there. Your area is forex -- the market which has grown by leaps and bounds lately. Can you explain why I'd want to look at forex and not, say, the more "traditional" stock trading? Jim Martens: ...
Filed Under: Elliott wave, Elliott Wave Education, Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, online trading, short selling, sterling, Swiss franc, technical analysis, technical indicators, U.S. dollar
Category: Currencies
April is Half-Way Over. What Will the 2nd Half Bring?
With more than 50 charts on 50 pages, Global Market Perspective is the most comprehensive source of independent, insightful global Elliott wave analysis you'll ever find
By Vadim Pokhlebkin
4/16/2012 3:45:00 PM
At the start of April, few investors anticipated any trouble ahead. March ended strong, and the majority of financial pundits and investors we convinced that April would also not disappoint. That one-sided bullishness was one (of many) reason why on March 30, the April issue of our comprehensive Global Market Perspective issued these warnings to subscribers...
Filed Under: AEX, AIG, ASX All Ordinaries, Bank of Japan, BRIC, Chinese markets, Elliott wave, Elliott Wave trading, emerging markets, euro, eurozone, FTSE, Indian markets, investment decisions, investment strategy, SENSEX, Shanghai Composite Index, Swiss Market Index (SMI), Taiwan index, technical analysis, technical indicators
Category: Global Markets
By Vadim Pokhlebkin
4/3/2012 2:30:00 PM
Here's a paradox for you. On Monday (April 2), unemployment in the 17 euro nations reached a record high of 10.8% -- highest ever since the euro was introduced in 1999. Reports say eurozone manufacturing activity had fallen to a 3-month low. The words "Eurozone recession" are being muttered. Meanwhile, the latest U.S. employment and manufacturing reports have been strong. You'd think the euro would be crushed -- but no. Why?
Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, unemployment
Category: Currencies
By Vadim Pokhlebkin
4/2/2012 1:00:00 PM
At least once a week usually, the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, records a video for his subscribers. Watch as he delivers this valuable 4-minute Elliott wave lesson using EUR/USD as an example.
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
By Nico Isaac
3/30/2012 6:30:00 PM
Let's hear it for European equities. The major stock markets across the pond saw their best first-quarter winning streak since 2006. And while many experts are waiting to see how the markets deal with Europe's austerity measures -- the April 2012 European Financial Forecast lets the cat out the bag: "European Stocks Have Already Signaled" their next move. Take note, because this is what it feels like to watch history in the making.
Filed Under: AEX, banks, CAC40, DAX, debt, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Greek debt, inflation, Swiss Market Index (SMI)
Category: European Markets
By Vadim Pokhlebkin
3/27/2012 6:30:00 PM
This week started badly for the euro. As forex markets opened in Asia late on Sunday (US time), and after the European traders joined in, the euro-dollar exchange rate fell to near $1.3200. The EUR was losing to the USD "on concerns over the health of the eurozone economy," reported news headlines. But Elliott wave patterns in EUR/USD charts disagreed...
Filed Under: Elliott wave, Elliott Wave trading, eu, eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, volatility
Category: Currencies
By Bob Stokes
3/22/2012 6:00:00 PM
Our Financial Forecast has said for years that the bailouts and the European Union itself would come to grief, even as other observers were optimistic. Here's a case in point...
Filed Under: Club EWI, euro, euro stoxx 50, european central bank, European debt crisis, European Union (EU), eurozone, financial forecast, International Monetary Fund (IMF)
Category: U.S. Economy
By Vadim Pokhlebkin
3/4/2012 11:45:00 AM
When you look at a long-term chart of Europe's four main stock indexes --- the DAX, FTSE-100, CAC-40 and EuroStoxx 50 -- you notice one striking detail: Since at least 2000, every prolonged stock market rally turned out to be a set-up for another devastating crash. This fact is obvious when you glance at the opening chart of EWI's new, March 2012 European Financial Forecast. Of course, European stocks have rallied strongly off their 2009 lows, too. What should you make of this?
Filed Under: AEX, Bank of England, debt crisis, debt downgrade, economic depression, Elliott wave, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, Greek debt, investment decisions, Swiss Market Index (SMI), technical analysis, technical indicators
Category: European Markets