Elliott Wave InternationalmyEWISocioniomics.Net

Does More Monetary Stimulus Mean Higher Gold Prices? (Update)
Central bank charts of gold prices & stimulus initiatives since Sept. 2011 set the record straight

By Nico Isaac
2/7/2013 12:15:00 PM

I recently discussed the widespread belief that monetary stimulus from global central banks is to gold prices what doping is to Lance Armstrong's cycling speed. Stop the money printing and low interest rates, and you significantly slow down gold's gains. The mainstream notion was again alive and well on Feb. 7, the day of the European Central Banks' latest policy meeting. In the hours leading up to the event, the rumor meter tipped in favor of further vigilance and "opened the door to another rate cut." 

Filed Under: Bank of England, banks, central banks, european central bank, Gold, monetary policy, quantitative easing, stimulus package, Traders, Treasury bonds, U.S. Federal Reserve (the Fed)

Category: Gold and Silver

GBP/USD Bears: Time to Watch the Market Very Closely
Elliott wave patterns in cable are flashing a warning signal

By Vadim Pokhlebkin
2/5/2013 4:00:00 PM

GBP has been falling, and so has GBP/USD, the sterling-dollar exchange rate known to forex traders as "cable." This chart from our Currency Specialty Service puts this year's drop in perspective.

Filed Under: Bank of England, Elliott wave, Elliott Wave trading, forex, forex trading, sterling, technical analysis, U.S. dollar

Category: Currencies

Does More Monetary Stimulus Mean Higher Gold Prices?
Central bank charts of gold prices & stimulus initiatives since Sept. 2011 set the record straight

By Nico Isaac
1/30/2013 5:45:00 PM

Ask any mainstream economist worth his or her salt about the relationship between central bank monetary policy and precious metals, and you'll probably hear something like: Stimulus is to gold prices what doping is to Lance Armstrong's cycling speed. Stop the money printing and low interest rates, and you significantly slow down gold's gains. Are they right? Is there a correlation between monetary easing and rising gold prices?

Filed Under: Bank of England, central banks, Elliott wave, Federal Open Market Committee (FOMC), Gold, Interest Rates, monetary policy, quantitative easing, stimulus package, Traders, Treasury bonds, U.S. Federal Reserve (the Fed)

Category: Gold and Silver

Europe's Return of Risky Debt: Sign of Hope or Dangerous Omen?
EWI's new, November European Financial Forecast highlights the resurgence of a risky debt -- and its implications for the region

By Nathaniel Williams
11/12/2012 1:30:00 PM

By all accounts, the economic and financial realities in Europe seem dire. Yet if you look at the behavior of some credit traders in Europe, you'd never know it. Is their new-found optimism toward risky debt a sign of hope -- or a dangerous omen?

Filed Under: AEX, Bank of England, CAC40, DAX, Elliott wave, eu, euro/USD exchange rate, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Greek debt

Category: European Markets

Europe in November: Bye, Bye Bear-die?
Inside EWI’s latest, November European Financial Forecast…

By Nico Isaac
11/2/2012 5:00:00 PM

For 4 years, the European economy has been shrouded in the darkness of recession. But now, according to the mainstream experts, tangible "rays of hope" that the worst is finally behind the Continent are finally shining through. For example...

Filed Under: AEX, Bank of England, CAC40, DAX, diversification, Elliott wave, europe, european central bank, European debt crisis, european markets, eurozone, FTSE

Category: European Markets

European Bulls & Bears at an Impasse: Who Will Take the Next Move?
Inside EWI's new, October 2012 European Financial Forecast...

By Nico Isaac
10/5/2012 5:45:00 PM

If Europe's finanical landscape were a chess board, the 2 opposing players -- a bull and a bear -- would be at a seeming stalemate. So, do we have a draw? The brand-new October 2012 European Financial Forecast says -- absolutely not...

Filed Under: AEX, Bank of England, CAC40, DAX, Elliott wave, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI)

Category: European Markets

Global Economies and World Financial Markets: How the Big Disconnect Will End
Find out what happens when the two meet

By Bob Stokes
9/5/2012 3:45:00 PM

Will the disconnect between global economies and financial markets continue? EWI believes the answer is "no." Overleveraged financial markets will suffer the fate of overleveraged global economies. Keep in mind: The next financial crisis may start outside of America, so more than ever you need to... 
 
 

Filed Under: all the same market theory, ASX All Ordinaries, Bank of England, Bank of Japan, CAC40, DAX, Dow Jones Industrial Average (DJIA), economic depression, Elliott wave, emerging markets, euro stoxx 50, europe, european central bank, european markets, financial forecast, Greek debt, Indian markets, market crash, market forecasts, Nasdaq Composite, New York Stock Exchange (NYSE), Nikkei, S&P 500, SENSEX, Shanghai Composite Index, soverign debt crisis, Taiwan index, U.S. STOCK MARKET, world central banks

Category: Global Markets

Deflationary Forces Hard at Work in the United Kingdom
Why Great Britain has "very weak demand" for consumer loans

By Bob Stokes
8/10/2012 2:15:00 PM

So much is uniquely British. But the United Kingdom has at least one thing in common with many other countries: a developing economic deflation. Around the globe, many nations have stagnant economies. In Great Britain, the economy is...
 

Filed Under: Bank of England, conquer the crash, deflation, economic depression, economic indicators, Elliott wave, european central bank, european markets, housing prices, soverign debt crisis

Category: European Markets

What's a Central Bank To Do?
What if the ECB has an ace up its sleeve, and the next round of stimulus FINALLY does the trick?

By Vadim Pokhlebkin
8/1/2012 12:15:00 PM

With so much focus on the hopes of further economic stimuli by central banks, it's important to consider what difference (if any) the already HUGE amount of economic stimulus has made. Let's look at Europe.

Filed Under: AEX, Bank of England, Ben Bernanke, CAC40, DAX, diversification, Elliott wave, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, golden ratio, Interest Rates, International Monetary Fund (IMF), monetary policy, quantitative easing, Swiss Market Index (SMI)

Category: European Markets

The European Economy: Game Over -- OR -- Play Till It Wins?
Inside our new, August 2012 European Financial Forecast

By Nico Isaac
7/27/2012 4:15:00 PM

Europe's 2-year long economic Whac-A-Mole game continues. Central banks across the Continent use their giant "mallets" of bond buybacks, rate cuts, and bailouts to hit ONE crisis over the head -- only to have another one savagely pop up in the opposite corner. So, will Europe's monetary authorities be able to "whack" all the reoccurring "moles" before their time runs out?

Filed Under: AEX, bailouts, Bank of England, CAC40, DAX, diversification, euro, euro stoxx 50, european central bank, European debt crisis, FTSE, International Monetary Fund (IMF), quantitative easing, safe haven, Swiss Market Index (SMI)

Category: European Markets

(Video) ECB and BOE: Why Quantitative Easing Won't Work
Watch minute 2:20 of this free webinar clip for a very vivid answer

By Vadim Pokhlebkin
7/20/2012 5:00:00 PM

Today's magic bullet for fighting the ongoing global economic troubles are the monetary stimulus and quantitative easing programs enacted by the major central banks. Will all these programs work? Probably not. Why? Watch minute 2:20 of this webinar clip recorded by our European analyst Brian Whitmer for a very vivid answer.

Filed Under: Bank of England, debt crisis, european central bank, European debt crisis, Interest Rates, monetary policy, quantitative easing, U.S. Federal Reserve (the Fed)

Category: Global Markets

EUR/USD Falls, But Don't Blame the European Central Bank
The ECB did reduce the key interest rate to a record low 0.75% -- but that's NOT why the euro weakened on July 5

By Vadim Pokhlebkin
7/6/2012 12:15:00 AM

On July 5, the European Central Bank reduced interest rates to .75%, a record low. In theory, that makes euro-denominated assets less attractive to investors. Hence the drop in the value of the euro against the U.S. dollar to a 1-month low on July 5th, said the pundits. Except that, the ECB rate cut was not why EUR/USD fell that day.

Filed Under: Bank of England, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, forex, forex trading, quantitative easing, U.S. dollar

Category: Currencies

Will Europe's Economic Wildfire Finally Be Contained?
Inside our new, July 2012 European Financial Forecast...

By Nico Isaac
6/29/2012 6:00:00 PM

The raging inferno of soaring bond yields and plunging stock markets has been spreading across Europe, jumping from Greece to Portugal to Spain to Italy. But according to the mainstream experts, there is one way to snuff out the flames: fly rescue planes over the blaze and dump emergency lending, low interest rates, and monetary policy from the skies above. And from the ashes, new growth will emerge. So, are they right?

 

Filed Under: AEX, Bank of England, CAC40, central banks, DAX, debt crisis, debt downgrade, diversification, Elliott wave, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, inflation, International Monetary Fund (IMF), Swiss Market Index (SMI)

Category: European Markets

The British Economy is Falling Down: "Depressed by Extreme Uncertainty"
Consumer prices falling down, falling down...

By Bob Stokes
6/21/2012 2:00:00 PM

Recession is the official economic label. However, depression is the word that best describes the state of the British economy. In a June 14 speech, Bank of England Governor Mervyn King said...

Filed Under: Bank of England, central banks, credit crisis, deflation, economic depression, european central bank, European debt crisis, european markets, FTSE, quantitative easing

Category: Global Markets

Has Europe’s Sovereign Debt Crisis Finally Hit Rock Bottom?
Inside the May 2012 European Financial Forecast...

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

European Stocks: "Nimble Elliott wave traders could benefit from a countertrend bounce."
Plus, why Elliott wave analysis gives global investors an edge

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

Great Britain "Double Dips": Is The United States Next?
Recession or depression?

By Bob Stokes
4/25/2012 5:45:00 PM

In the United States and the United Kingdom alike, we believe it's a matter of time before the word "depression" replaces the phrase "double-dip recession." Why?...

Filed Under: Bank of England, deflation, double dip, economic depression, Elliott wave, european markets, FTSE, gross domestic product (GDP), recession

Category: U.S. Economy

London Prices Falling Down, Falling Down: What Inflation?
EWI's European Financial Forecast has a mountain of evidence proving that the looming threat in Europe is not inflation.

By Nico Isaac
4/17/2012 3:15:00 PM

Despite what you may have heard about ever-higher prices on High Street -- London's equivalent of the shopping nexus Rodeo Drive -- the real numbers do NOT lie: Since topping in late 2011, both Britain's Retail Price Index and Consumer Price Index have fallen to multi-year lows. Today, we present a "mountain of evidence" against the growing legion of Europe's die-hard inflationists.

Filed Under: Bank of England, central banks, europe, european markets, inflation, Interest Rates, monetary policy

Category: European Markets

European Stocks: BIG Picture, Plus "An Ideal Set-Up"
Inside EWI's March 2012 European Financial Forecast...

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

European Stocks 2012: An Elliott Wave Perspective
Inside EWI's January 2012 European Financial Forecast...

By Vadim Pokhlebkin
1/8/2012 11:00:00 PM

Since August 2011, the FTSE 100 has rallied in a series of three-wave structures. The FTSE Small Cap Index recorded lower lows in both October and November. The DAX’s retracement high this past fall was a Fibonacci 61.8% of its previous decline. Rallies were weaker in the CAC 40 and Eurostoxx 50, as both indexes have retraced about 50% of their respective sell-offs. Get the detailed analysis of these observations -- and our forecasts -- in the opening section of the January 2012 European Financial Forecast.

Filed Under: Bank of England, Bear market, Elliott wave, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, technical analysis, technical indicators

Category: European Markets

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