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Gold is still thinking of the next step
1,748 - 1,765, where next?After a sharp increase and decrease last Friday, gold is back to its pre-Nonfarm Payrolls report levels and flirting around 20&50 HMA levels. Created range (1,748 - 1,765) has been visible since the middle of last month....
NFP quick analysis!
Data breakdown and expectations. We had the most important data of the week that, have been waiting for that all week. For the importance of this data have to remember that Chair Jerome Powell after last month’s monetary policy meeting said: “a...
Caution Ahead of US Payrolls - Stocks trading lower
China back to the business! Earlier today Asian stocks closed higher as China finally ended its long holiday and back to the business and the report of the agreement of US parties to increase the debt limit brought some hopes to Wall Street. And...
US Debt Default, and Debt Ceiling!
Should we worry about that?"In finance, default is failure to meet the legal obligations of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond that has reached maturity." Wi...
Examining the state of the US labor market
Positive signals lift the marketsYesterday we had positive signals and data that helped the market sentiment and lifted the S&P 500 to its highest levels since September 30.Starting from ongoing energy concerns, that we had two signals which calm...
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