Société Générale see EUR/USD to as low as 0.95 next quarter
<p>An ICYMI EUR/USD view from SG:</p><ul><li>As oil prices rose in the run-up to the GFC, both European and US terms of trade suffered, but this time around, the relative effect…
Read More »Japan August preliminary (flash) Manufacturing PMI 51.0 (vs. prior 52.1)
<p>S&P Global / Markit Manufacturing PMI from Japan for August 2022. This is the preliminary (flash) reading. The final will be published next week.</p><p>Manufacturing flash 51.0 (51 is the slowest…
Read More »ICYMI – Russia’s earnings from energy exports this year up 38% on 2021
<p>Reuters with the info, citing a Russian economy ministry document it has seen</p><ul><li>Higher oil export volumes, coupled with rising gas prices, will boost Russia's earnings from energy exports to $337.5…
Read More »Fed’s Waller will be speaking on Monday 15 August 2022
<p>Governor Christopher Waller is a member of the Federal Reserve Board of Governors. The governors vote at each Federal Open Market Committee (FOMC) meeting.</p><p>Waller has been supportive of Fed tightening….
Read More »The weekend forex technical report for the week of August 15, 2022
<p>In this video, I preview the upcoming week in the forex market with the focus on the major <a href="https://www.forexlive.com/terms/c/currencies/" target="_blank" id="a2f59963-20d4-4f98-a1fa-bba46ae77d17_1" class="terms__main-term">currencies</a> vs the USD. </p><p>I also talk a…
Read More »Elon Musk says that more Tesla commodity prices are trending down than up
Tweets from the head honcho at TSLA. Musk is a lot of things, if he is tweeting as a company CEO here this is decent info. This article was written…
Read More »Bitcoin technical anlalysis & managing a profitable bitcoin short trade
We follow up on the previous bitcoin technical analysis and trade idea (see video within that page) What happens if we see new information that may affect our trade? Well,…
Read More »Gold price analysis & trade idea close to $1700
The video below presents a technical analysis for Gold as the price of XAUUSD is close to $1700 and the trade idea, for your consideration, becomes applicable only if the…
Read More »RBNZ monetary policy decision and review due at 0200 GMT: 3 scenarios (& NZD implications)
The Reserve Bank of New Zealand is widely expected to hike its official cash rate (OCR) by 50bp today: Wednesday, 13 July 2022 due at 0200 GMT Previews earlier: Reserve…
Read More »Sri Lanka descends into chaos. Where might the commodity crisis hit next?
Sri Lankan President Rajapakse and Prime Minister Wickremesinghe were forced to flee today after enormous anti-government protests. Huge crowds stormed official government buildings and took over the President’s home. Videos…
Read More »