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Gold and week ahead after Jackson Hole
Can bulls stay there?The main question for Gold traders is that can Bulls stay up there? Last week all focuses were on Powell's speech and this week's eyes will turn to the Employment report, where Powell believes still need help, and in his speech i...
USDCAD and Oil!
Oil up to lift the Loonie! As Storm hit the production in Mexico the explosion in Kabul increased the Risk in the Middle East, Oil rose and hold its uptrend, despite the volatility of Stock Markets, which is not in the favor of the Oil market.&n...
Gold and Jackson Hole
Different scenarios and Gold reaction! The Jackson Hole Economic Symposium is an annual meeting, hosted by Kansas Federal Reserve since 1978, and held in Jackson Hole, Wyoming State, since 1981. The aim is to focus on important economic issues a...
The labor market needs attention, and GDP grew up!
What to expect from Powell? As I mentioned at the beginning of this week, besides the Initial Jobless numbers of every Thursday, we have 4 key data this week ahead of Powell's speech that needs attention. Housing data, Durable Goods Order, GDP,...
Bitcoin's rally runs out of steam?
Price flirting under 50K, time to decide!After touching 50K and then falling under that, Bitcoin flirting around 48,000 in the past two days. If we drew the Fibonacci from its April high to July low, 61.8% of its resistance sits at 51,000, where Bitc...
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