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New Records ahead of Opec+ meeting
Oil and the 5th ascending weekFor the energy market, especially for the Oil market, these days ahead with the OPEC+ meeting will be important. Last week, WTI closed a shy under $74 to print the 5th uptrend week in a row. The oil market is gettin...
Market and Friday
After BoE, ahead of US PCEYesterday, the Bank of England had a monetary policy meeting and rate decision. Overall, QE and Rates did not change, but its hawkish stance was less than market expectations and was the cause of the pound's fall. As a resul...
US Inflation, and fateful day
Can stocks fall Friday?The PCE (personal consumption expenditures) Price Index Excluding Food and Energy, also known as the core PCE price index, reports as part of the monthly Personal Income and spending. The core index excluding two food and...
Market and again, FED!
Fed Speakers in the spotlight! FED speakers again kept the focuses on the U.S. and boosted the U.S. dollar. Boosting in the U.S. in the past two days did not mean more bulls; it simply meant saving the gains. According to yesterday's p...
BoE preview - 24 June
Will they follow the FED or BoC?The last BoE meeting that Mr. Andy Haldane also will take part in that, we'll behold later today, 24 June 2021. Market participant wildly expecting no change in policies at this meeting. BoE reduces the Gilt purch...
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