Is the dollar’s strength in the last three weeks matched by an increase in sentiment toward the US economy? Not according to RavenPack’s measures of relative sentiment momentum.
Friday, March 13, 2015
Monday, March 9, 2015
Not much to conclude here, apart from maybe the market is expecting to be underwhelmed by the Apple Watch. Of course, there’s always the chance of Apple springing some cool surprises and that might be a catalyst to get the price moving again.
Wednesday, March 4, 2015
Adidas shares have been on a tear since the beginning of the year and heading into Thursday’s earnings report there’s optimism that the sportswear maker will live up to its recent upbeat guidance and there’ll be an early CEO change.
Well, RavenPack sentiment appears to agree with the optimists. Sentiment momentum is positive with the 90-day RSI of sentiment heading higher since the turn of the year and the 14-day RSI holding well above the longer-term measure. See figure 1.
Wednesday, February 18, 2015
Tuesday, February 17, 2015
Wednesday, January 21, 2015
Monday, November 24, 2014
China’s interest rate cut last Friday surprised many and continues to dominate business headlines Monday. There were weekend rumours around, which appear in print in this article, that the Chinese authorities are considering further easing and cutting banks’ Reserve Requirement Ratio.