Market Update – November 24 – USD & Yields Higher, Stocks Mixed, Oil Recovers
USD (USDIndex 96.50) holds on at highs; EM currencies under particular pressure. (TRY lost 15% after Erdogan refused a rate rise). RBNZ raised rates but NZD fell (like the last…
Read More »EUR plunges to new cycle lows, 1.13 eyed
Overnight Headlines *USD hit a fresh 16-month high driven by EUR weakness *US stocks close little changed *Biden tells Xi US doesn’t support Taiwan independence *UK unemployment 4.3% vs 4.4%…
Read More »Market Update – October 8 – Yields Drive Higher Pushing USD & Stocks too
USD (USDIndex 94.30) holds at highs, Stocks & Oil move higher testing key technicals – Yields the driver (5yr at 1.0416% – Feb 2020 high) US debt ceiling extended by…
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 »Recap September 5: Worst Drought in 70 Years, Binance BANNED 3x, Bitcoin Fraud (Recap ep139)
In this week’s recap, Marcello talks about the worst drought in 70 years and how that is affecting the market and Binance has been banned by a third country. U.S….
Read More »Recap July 4: Records upon Records, Corona 2.0 Variant, Binance Banned in UK (Recap Ep130)
In this week’s recap, we find that U.S. stocks ended the week higher and at record highs after data indicated the U.S. economy is growing at a rapid clip &…
Read More »China’s President Xi has a 5 year timeline to annex Taiwan
So says Wu Qiang, a former politics lecturer at Beijing’s Tsinghua University. Its in this article at RFA: The piece is from last week, posting as an ICYMI (as I…
Read More »Events to Look Out for Next Week
Leading indicators such as US and Chinese Inflation and GDP from the UK dominate the releases next week. The markets are going to remain focused on the vaccination programs development,…
Read More »FX Update – January 11 – USD 4th day higher
FX News Today USD continues to bounce, JPY, AUD & NZD weaken, Yields up as virus worries escalate and China pushes back on US sanctions and reacts to US normalizing…
Read More »The US is to remove all of its restrictions on its relationship with Taiwan
US Secretary of State Mike Pompeo says the US has for many decades been self-imposing restrictions on how it interacts with Taiwan: Various media reports on Pompeo’s statement note that…
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