Here at Day Trading Academy (DTA), we provide a weekly review of markets and geopolitical events. Below you will find our most recent updates.
Feel free to peruse the most recent Day Trading Academy Blog articles by scrolling down, or choose your topic of interest below:
The big news was the decline in the equity markets that began earlier in the week on a global scale. This was a continuation of the sell off that began last Friday. It is due to fears of tightening monetary policies or a lack of further monetary stimulus as central banks run out of ammunition. All three market exchanges in the United States (U.S.) suffered their biggest losses since the Brexit vote in June. The Dow Jones Industrial Averages actually briefly dipped […]
The Brazilian Senate finally did what had become inevitable, that is the impeachment of President Dilma Rousseff on August 31st by a vote of 61 to 20. Her crime was the illegal manipulation of government accounts, but the real transgression was presiding over the worst recession in decades. Her approval ratings went from 79% in March of 2013, to around 10% in March of 2016. In violation of the law, the former president moved funds between various government budgets. Her objective was […]
The recent conservative party defeat in a state election, indicates that even in stable and prosperous Germany, there is rising discontent among voters towards the status quo. Chancellor Angela Merkel decided in 2014 for her nation and the European Union (EU) at large, that refugees from the Middle East would be permitted to migrate to Europe. For the first time in postwar history, the conservative Christian Democrats received fewer votes in a state election than a populist movement on the right. Their […]
The big news in the market this week is the rally in oil prices near the end of the week. American West Texas Intermediate (WTI) had advanced from $44.36 USD (United States Dollar) a week ago, to $46.84 USD. This is an increase of 5.59% in a week. Similarly, International Brent during the same period went from $46.72 USD to $49.12 USD. That indicates a 5.14% increase in the price. The price surge that arrived on Thursday which saw gains of 4% […]
After nearly a week of doubt, it became clear that long time leader Islam Karimov of Uzbekistan had finally died. Since independence in 1991 from the former Soviet Union, he ruled the predominately secular country with an iron hand. Karimov had maintained sway over this Central Asian nation, since his appointment to power by the communist leadership in 1989. President Karimov has dominated the political arena in Uzbekistan for 27 years. Despite a two term constitutional limit, he was returned to office […]
The big news in the market this week is the downward movement in the major United States (U.S.) exchanges. Thursday saw the end of a 6 month winning streak in the Dow Jones Industrial Averages (Dow) and a 5 month streak for the Standard and Poor (S&P 500). Still, the 3 major U.S. exchanges remain in positive territory for 2016. The Dow is up +5.6%,the S&P 500 +6.2% and the technology heavy NASDAQ +4.1%. Investors continue to wait on the U.S. Federal […]
Croatia a country of 4.8 million inhabitants, has been in a political stalemate since June and it is a reflection of the present division among the electorate. The main parties consist of the Social Democrats (SDP) and the Croatian Democratic Union (HDZ). The leadership continues to focus on connections and rivalries of the past, which does little to solve issues that face the country in the present. The previous election was last November, but the HDZ dominated coalition government collapsed two months […]
After 52 years, the civil war that has enveloped Colombia may be at an end. The decades long conflict has led to the deaths of some 220,000 inhabitants and resulted in the displacement of close to seven million citizens. At one time, insurgents controlled nearly one third of the country. Outside the individual losses, the cost to the country at large, has been enormous both economically and politically. The 48.5 million inhabitants of Colombia have tired of war. There is growing support […]
The big news in the market this week is the lack of movement in the major United States (U.S.) exchanges. Today will be the 35th trading session, where the Standard and Poor has moved less then 1% in either direction. This condition in equities, has not occurred in decades. The week began with the U.S. Federal Reserve Bank (Fed) watchers speculating on whether at long last interest rates would begin to move up again. Although there are some indicators like an improving […]
Among the former Soviet republics Tajikistan has struggled almost since its founding. When independence arrived in 1991, the country was almost immediately plunged into a civil war. The five years struggle devastated the domestic economy, and has kept Tajikistan the poorest nation in Central Asia. The over dependence on Russia, has hampered internal development in the ensuing decades. Although Tajikistan has been politically stable since the ending of hostilities in 1997, the country has never really recovered economically. Poverty remains widespread and […]