China’s GDP plummeted due to Covid restrictionsThe drop in economic growth was one of the worst in 50 yearsPrepare for risk aversion in today’s trading The Chinese GPD q/y was…Read More
Inflation expectations back to the summer 2021 level Fed expected ease so stocks rallyGold remains in uptrend above 1892 The Michigan survey on consumer inflation expectations showed the 12-month expectation…Read More
US CPI was in line with expectationsStocks react sluggishlyToday’s main risk events: Inflation expectations and consumer sentiment DJ rally has escalated with the market moving higher in a steeper angle.…Read More
Important announcement: The trading hours for some instruments will be affected on Monday, 16th January, 2023 due to the upcoming holidays. See which instruments will be affected and the full…Read More
DJ rallies as markets expect for a lower CPI readingDAX remains strong with investors betting there’s no recession aheadToday’s CPI release is likely to create big trading opportunities Economists expect…Read More
Naked Forex trading ‒ which is also referred to as price action trading ‒ is a style of trading not often brought up in contemporary trading conversations. It involves buying…Read More
DJ tested the support and ralliedNasdaq turns medium term bullishHigher than expected CPI, but no strong rally in AUDUSD After raising the benchmark short-term rate quite aggressively in 2022 the…Read More
DJ retraced back to 33 430 levelDAX lost upside momentum as expectedMarkets cautious ahead of Powell speech Traders have been cautious ahead of Powell’s speech today. He has been constantly…Read More
NFP beat expectationsWage growth slowed down ISM Services PMI Friday’s strong rally against the dollar resulted from forward-looking data (wages and the services PMI) suggesting lower inflation while the lagging…Read More
Analysts expect to see 200K new jobsADP came in at 235K vs. upwardly revised 182K in NovemberISM: Manufacturing activity contracting two months in a row In November 261K jobs were…Read More
