US President Joe Biden seeks for $33 billion of more support to Ukraine. He signed the bill over the weekend but it needs to be approved by the Congress. The…Read More

Stocks and oil rallied even though US GDP growth slumped (-1.4% vs. 6.9% previous). The analysts had expected to see some growth (1.1%) in the US economy but a Covid…Read More

Yes, Bank of Japan has been ultra dovish but it’s now the central bank is buying bonds without a limit. This rallied to USDJPY big time. I’ll take a look…Read More

Equities sold off yesterday in the US and the bearishness continued today in Asia. The early signs of strength turned out to be even more temporary than the bulls expected.…Read More

Stock investors have been worried about the ideological fight the Chinese government is waging against corona virus. Chinese used to follow science in their efforts to limit the spread of…Read More

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