US Energy Sec. Granholm: Biden considering tapping SPR to lower gasoline prices
US President Biden is looking at the Strategic Petroleum Reserve release as a way of lowering gas prices, the country’s Energy Secretary Jennifer Gran
Read More »Euro Forecast for the Week Ahead: EUR/USD Outlook Turns Bearish Again
EUR/USD began last week brightly enough but fell sharply Thursday and now looks likely to drop further as the markets begin to believe ECB President Lagarde that Eurozone rate hikes…
Read More »Dollar stabilises as China’s economy stumbles
Overnight Headlines *US stocks rose as gains continued for a third day *USD closed lower on the week, but DXY is stabilising around 94 *Bitcoin is eyeing up record highs…
Read More »ECB President Lagarde says (too) that the current rise in inflation is largely transitory
European Central Bank President Christine Lagarde spoke on Saturday at an International Monetary Fund event. Remarks from Lagarde (via Bloomberg report (may be gated) – )
Read More »Recap September 19: Financial Crisis 2022? Hole in Ozone, Hyperinflation (Recap ep141)
In this week’s recap, Marcello talks about a financial Crisis to come due to several economic events that had occurred lately, including hyperinflation. A Hole in the Ozone is now…
Read More »The Global COVID-19 Summit: Ending the Pandemic and Building Back Better
President Joe Biden is planning to call on global leaders to make new commitments to fight the coronavirus pandemic, including fully vaccinating 70 pe
Read More »The Market Week Podcast – June 25
The Dollar continued to gain this week, as stock markets hit new all-time highs (again), commodities cooled and a rallying Sterling, ahead of the BOE, retraced on the Dovish outcome….
Read More »Will this be another stormy Thursday?
Yields have cheapened a bit since the open. The move has come largely on the news that President Biden will propose a $6 tln budget on Friday, which has helped…
Read More »Recap May 23: Bitcoin/Dogecoin collapse, Inflation Fears (Recap Ep124)
In this week’s recap, U.S. stocks rebounded on Thursday after U.S. jobless claims data indicated that the labor market continued to recover, helping major indices break a 3-day losing streak….
Read More »WSJ op-ed: “Biden’s Vaccine Patent Theft”
The US has supported waiving intellectual property rights on COVID-19 vaccines. The Wall Street Journal have a piece up (editorial) opposing the stance from US President Biden.
Read More »