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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...
Futures are down, as fears increasing
US 10-year Yields under 1.3%As Future markets are falling, Asian Markets closed lower, same as European, US Stocks set to open sharply lower after tapering hint.US 10-year Yields fall under 1.3%, down to 1.26% ts lowest since February. US VIX also ab...
ISM Services PMI and US Dollar
Is the dollar back on the uptrend?After overall positive NFP numbers, now eyes turn to today's ISM Service PMI numbers. Service purchasing managers' index for June is projected to decline slightly from 64 points in May; however, it is still expected...
OPEC Failed, Oil Gained!
UAE's position has not changed!According to unofficial resources, Bloomberg and Reuters reported that OPEC and non-OPEC producers, known as OPEC+, have decided to postpone the meeting after three days of unsuccessful negotiations, leaving the output...
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