Stocks rallied higher yesterday as Treasury bonds kept on ticking higher for the second day in a row. This pushed the yields down and supported financing sensitive technology stocks higher.…Read More
Traders were expected to see a greater upside surprise but the CPI came in only a fraction higher than analyst estimation (8.5% vs. 8.4% expected). USD seesawed a bit but…Read More
The USD bounced higher as the Fed’s Powell is getting more hawkish. This has sent US yields sharply higher and supported the greenback. Powell said that inflation is too high…Read More
USOIL rallied over 9% since I alerted my readers on long trade opportunities in this market last week. European Union considers joining the US in a Russian oil embargo which…Read More
CADJPY continues its run higher after the BOJ decision to keep its massive stimulus program untouched. The bank warned of risks to economic recovery from the Russia-Ukraine war and confirmed…Read More
Precious metals rallied as the Fed didn’t hike the rates more than 0.25% and there were no indications in Powell’s speech that the Fed would hike 0.5% in May. This…Read More
At the time of writing this, stocks are strong which doesn’t support the idea of going long in precious metals. However, DAX is trading near to resistance levels and therefore…Read More
Investors are getting worried about the first interest rate hike in the US in three years on top of the worries related to the Ukraine war. Market operators are probably…Read More
Global stock markets have been edging higher on the news that there has been some progress on peace talks over the Russia-Ukraine war. According to the Ukrainian negotiators, their Russian…Read More
Russia has called a U.N. Security Council meeting to discuss what it called “the military biological activities of the US on the territory of Ukraine”. According to MSN.com, the Biden…Read More