Gold extends losses into the close. What’s next
Support nearby Gold is near the lows of the week as it slumps $12 to $1487. The two levels to watch early next week are $1484 and $1479 early next… Read more »
Tag: whats
What’s the trade if there’s no announcement before the close?
That’s a tough call Trump has promised an announcement ‘this afternoon’ in retaliation for the fresh Chinese tariffs and/or the lack of action from Powell. What could it be? My… Read more »
German Daimler AG Stock Under Serious Pressure, Whats Next?
Hello fellow traders. In today’s blog, we will have a look at the Daimler AG stock. The stock is listed in the DAX 30 and in the EURO Stoxx 50…. Read more »
Dow Jones Drops After Fed Rate Cut, What’s This Mean for Bitcoin?
July was yet another strong month for the stock markets despite looming threat of a coming economic recession, with the Dow, Nasdaq, and S&P 500 all close to beating out… Read more »
A couple clues on what’s next
Two things struck me For me, the big takeaway was the impressive rebound in stocks and bonds mid-way through the press conference when he said it wasn’t a one-and-done. That… Read more »
What’s priced in for today’s FOMC decision and beyond
What is the market looking for I don’t fully trust the Fed funds market. The odds of a 50 basis point cut today seem to me to be divorced from… Read more »
What’s the Plan, Busan? South Korea Introduces “Regulation-Free Blockchain Zone”
The government of South Korea has given its approval for the city of Busan to be designated as a “regulation-free blockchain zone.” It comes after Busan was selected as the… Read more »
Fresh Highs Ahead FOMC, What’s Next?
US Dollar Technical Forecast Talking Points: The US Dollar showed strength throughout this week, rushing up to fresh seven-week-highs ahead of next week’s widely-expected rate cut out of the Federal… Read more »
What’s wrong with this picture? See if you can spot what somebody did to the presidential seal behind Trump
President Trump was gobbling up every moment Tuesday night as he spoke to a gushing audience of conservative youngsters at the Turning Point USA summit. Fake news! Polling at 100%!… Read more »
In case you’re wondering what’s behind the abysmal UK factory data as of late
UK new factory orders are at their weakest level since the financial crisis ForexLive This comes as the Brexit stockpiling since Q1 continues to cause a backlash in export orders… Read more »