EURUSD in the middle of a storm!
Yesterday evening the Chairman of the Federal Reserve, Jerome Powell, delivered a clear message: “We must put inflation behind us”, “but there is no painless way to do it”. By…
Read More »Weekly wrap up! – 24 June 2022
European bond markets sold off as stock markets bounced. Bundesbank President Nagel warned yesterday that central banks must not respond to higher inflation with “too little, too late” and that…
Read More »World Bank President Malpass: Russian invasion of Ukraine could trigger a global recession
Malpass was speaking at an event hosted by the U.S. Chamber of Commerce on Wednesday. Sai: “As we look at the global GDP … it’s hard right now to see how…
Read More »Euro Weekly Forecast – Will the ECB Disappoint the Hawks Next Week?
Next week's ECB monetary policy meeting will test President Christine Lagarde's ability to manage market expectations while at the same time proving that the central bank remains in control.
Read More »No current talks with Tesla about potential union vote -UAW president
Original source: https://www.investing.com/news/stock-market-news/no-current-talks-with-tesla-about-potential-union-vote-uaw-president-2794250
Read More »Ukraine president calls on software giants to stop supporting their products in Russia
Original source: https://www.investing.com/news/stock-market-news/ukraine-president-calls-on-software-giants-to-stop-supporting-their-products-in-russia-2783582
Read More »The bitcoin selling continues on the weekend as it falls through $35,000
There’s no respite for bitcoin today after it sank to the lowest levels since July a day ago. It’s continued lower, falling $2091 to $34596, which is the lowest since…
Read More »What we know about incoming Bundesbank President Nagel
Joachim Nagel was confirmed by German cabinet today as the pick to lead the Bundesbank, taking over from Jens Weidmann.The position is notorious for hawkishness and Nagel will undoubtedly take…
Read More »GBP/USD: Brexit woes, firmer yields favor sellers near 1.3400, UK/US PMIs eyed
GBP/USD consolidates losses made during the last two days around 1.3400 during the initial Asian session on Tuesday. While US President Joe Biden’s no
Read More »Cannabis ETF MJ Basing & Volatility Patterns
Recently, the Cannabis sector has shown signs of increased volume, volatility, and a reasonably strong potential for a price base. Volume started increasing near mid-September as the price of MJ fell below…
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