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EURUSD and USD CPI
Down to 1.17 area!USD CPI had no surprise. US inflation hit 5.4% YoY in June, way above the market estimate at 4.9%. Core CPI also accelerated to 4.5%, above 4% estimated. The dollar is rising across the board. We were waiting to see that US CPI...
Morgan Stanly opens the way
Q2 Earning preview - MSOne of the leading banks in the global financial market, Morgan Stanly (MS), will publish its earnings for Q2 later today before the market opens. The report will be for the fiscal quarter ending June 2021. According to Zacks I...
WTI and week ahead!
What moves teh market?Oil is back under the trend line. The stock market is the leading risk for Oil bulls. The decline started last week and increased differences between OPEC members when the UAE began to oppose OPEC`s production increase plan, whi...
Weekly Outlook, 12-16 July
Banks meetings and Earnings!This week everything is about the banks! Central banks in New Zealand, Canada, and Japan will have monetary policy meetings. In contrast, JPMorgan, Goldman Sachs, Bank Of America, City Group, Wells Fargo, and Morgan Stanle...
Surprise or something we should have been waiting for
China Ease Monetary policyLike several months ago, when China was the first economy to return to pre-pandemic levels, they are now planning to be the first economy that wants to get back to more dovish policy. According to the Reuters report, wi...
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