About

Ahead of the Curve provides analysis and insight into today's global financial markets. The latest news and views from global stock, bond, commodity, and FOREX markets are discussed. Rajveer Rawlin is a PhD and received his MBA in finance from the Cardiff Metropolitan University, Wales, UK. He is an avid market watcher, having followed capital markets in the US and India since 1993. His research interests include capital markets, banking, investment analysis, and portfolio management, and he has over 20 years of experience in the above areas, covering the US and Indian markets. He has several publications in the above areas. He currently teaches business and management students at CHRIST University. The views expressed here are his own and should not be construed as advice to buy or sell securities.

Thursday, 4 August 2016

Daily Forex Report

Here is the daily Forex report from the currency strategists at dailyfx. The report looks at the fundamentals and technicals of key forex pairs along with a coverage of the key economic news of the day:

Wednesday, 3 August 2016

Daily Forex Report

Tuesday, 2 August 2016

Chart of the Week - Stock Returns from August to October Forecast U.S President

The chart of the week comes from LPL Financial Research and shows that stock market performance in the August-October period has an uncanny ability to determine the winner of the U.S presidential race. A strong performance has often favored the incumbent while negative returns favor the challenger as can be seen below:

stock market and US president

As things stand it is not looking good for the democrats as per the info-graphic below from
Adam Hamilton of Zeal LLC:

Economic Calendar

GMT-4		Event	Actual	Consensus
Tuesday, Jun 17
09:15	US	Industrial Production (MoM)	-0.2%	0.1%	Revised from 0.0%
10:00	US	NAHB Housing Market Index	32	36
10:00	US	Business Inventories	0.0%	0.0%
n/a	NZ	GDT Price Index
13:00	US	5-year TIPS Auction	1.650%
16:30	US	API Weekly Crude Oil Stock		-0.60M
17:00	NZ	Westpac Consumer Survey
18:45	NZ	Current Account - GDP Ratio
18:45	NZ	Current Account (QoQ)		$-2.200B
21:00	AU	Westpac Leading Index (MoM)

Economic Calendar >> Add to your site

My Asset Allocation Strategy (Indian Market)

Cash - 40%
Bonds - 20%
Fixed deposit - 20%
Gold - 5%
Stocks - 10% ( Majority of this in dividend funds)
Other Asset Classes - 5%

My belief is that stocks are relatively overvalued compared to bonds and attractive buying opportunities can come along after 1-2 years. In a deflationary scenario no asset class does well other than U.S bonds, the U.S dollar and the Japanese yen, so better to be safe than sorry with high quality government bonds and fixed deposits. Cash is the king always. Of course this varies with the person's age.