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Lagard and Euro
In the mid-term, Inflation will be under ECB targetMrs. Lagard, in her earlier Interview with La Provence, said that the Expected inflation level for Eurozone in the medium term would stabilize below the Central Bank objective. As she said, the Europ...
Weekly Claims eased to 365K
Initial jobless claims in the lowest level since the beginning of the pandemicAccording to the United States Department of Labor (DOL) data, weekly claims for unemployment benefits drop to 364K, lower than 393K expectation, 51K lower than the week be...
Gold and the raising Dollar!
Secrets of the H4 chartTo understand the Gold market, we have many items to search for; however, sometimes Gold has different reactions to the same factors. Yesterday while the US dollar was getting stronger, which usually means the weaker Gold,...
Stocks decreasing on the last day of the first half
Market confidence in FED supportsEarlier in the Asian markets, Nikkie 225 closed 0.07% lower, and Hang Seng was down 0.57%, but Shanghai gained 0.50%. In Europe, suffering was much more. UK100 after missing GDP numbers lost 0.21%. In Germany, while t...
Oil Market ahead of OPEC+
API inventories fell more than 8MRussian and Saudis disagreements ended with a delay in OPEC and its allies, known as the OPEC+ meeting. Therese two major world Oil producers, after the outbreak of the Delta virus in many countries around the world,...