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
Bank Capital Rules: A Reminder of 2008
"In 2008 there was a credit crisis. The next five years will bring on the credit crisis."
By Bob Stokes
5/10/2012 5:00:00 PM
Is our financial system stronger today than it was four years ago? Most people might think so; mainstream news analysis rarely suggests otherwise. But here's what the public remains mostly in the dark about...
Filed Under: banks, central banks, conquer the crash, credit rating, debt crisis, debt downgrade, deflation, economic depression, Elliott wave, european central bank, European debt crisis, hedge funds, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
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 Bob Stokes
5/4/2012 4:15:00 PM
Very rare exceptions aside, money markets have been safe. Learn why they now may be a lot less safe...
Filed Under: money markets, banks, central banks, credit crisis, debt crisis, deflation, economic depression, euro stoxx 50, europe, european central bank, European debt crisis, european markets, Federal Deposit Insurance Corporation (FDIC), mutual funds, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
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 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
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 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
EUR/USD: Why You Should Be Wary of "Fundamentals"
A quick look at the recent history of the euro-dollar exchange rate and its "fundamental" background
By Vadim Pokhlebkin
3/14/2012 6:00:00 PM
Please see if you can guess when these 4 forex-related headlines were published (all from major news sources). As you've probably guessed, it's a trick question...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, European debt crisis, forex, forex trading, fundamental analysis, Greek debt, trading lessons, U.S. dollar
Category: Currencies
EURO-ka, We've Got It! Why the Euro Has Fallen
How and why EWI's Currency Specialty Service has stayed one step ahead of the euro's recent decline
By Nico Isaac
3/5/2012 2:00:00 PM
On February 29, the euro rose to its highest level in three months. And, according to many mainstream experts, the euro's rally should have continued on the back of the European Central Bank's allotment of three-year loans to banks. But, instead of finding immediate "support," the euro lost its footing in a precipitous, three-session losing streak before landing at a two-week low on March 5. So much for government "stimulus."
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, european central bank, fundamental analysis
Category: Currencies
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
By Vadim Pokhlebkin
2/3/2012 6:45:00 PM
Mainstream analysts can busily debate Europe's "fundamentals," but here at Elliott Wave international our European Financial Forecast editor Brian Whitmer reports this...
Filed Under: AEX, bailouts, Elliott wave, euro, europe, european central bank, European debt crisis, european markets, eurozone, prechter, technical analysis, technical indicators
Category: European Markets
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
By Vadim Pokhlebkin
12/5/2011 5:00:00 PM
Every recent stock rally in Europe ignites the hope that the worst of the debt crisis is finally over. Yet every mini-crash that follows mocks those hopes once again... and again... We watched ups and downs like these in 2007-2009, too.
Filed Under: bailouts, Bank of England, CAC40, DAX, economic depression, 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, soverign debt crisis, Swiss Market Index (SMI)
Category: European Markets
By Paul DeBoer
12/2/2011 2:00:00 PM
How many European bankers does it take to change a light bulb? That's a joke in search of an answer, but EWI's European analyst Brian Whitmer explained five months ago that the "light bulb moment" was coming -- that’s the time when most people would clearly recognize the severity of the European debt crisis. He offered this spot-on analysis back in July 2011, before the larger world came to know recently how bad things really are in the eurozone.
Filed Under: european central bank, European debt crisis, european markets, European Union (EU), eurozone, Greek debt
Category: European Markets
By Bob Stokes
11/30/2011 4:30:00 PM
Fifteen major U.S. and European banks were just downgraded by Standard & Poor's. Please consider this insightful excerpt from a recent Elliott Wave Theorist titled, "The Coming Worldwide Bank run"...
Filed Under: bailouts, central banks, Club EWI, credit crisis, debt downgrade, european central bank, European debt crisis, liquidity, Robert Prechter, soverign debt crisis, stimulus package
Category: U.S. Economy
By Vadim Pokhlebkin
11/25/2011 9:00:00 AM
Inside EWI's forex-focused Currency Specialty Service, you won't find any discussions of how Ben Bernanke's rumored QE3 campaign, or another round of bailouts by the European Central Bank, might affect the US dollar, or euro, or pound. Here's what you will find -- take a look at these 4 charts...
Filed Under: bailouts, Elliott wave, Elliott Wave trading, euro, european central bank, European debt crisis, forex, forex trading, Japanese yen, quantitative easing, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies