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Weekly Outlook, 21-25 June 2021
Testify and GDP in the US, Monetary Policy in UK and ChinaFed still will run the sentiment; however, Mr. Powell's testimony, Mrs. Lagards speech, Chines and British Monetary policy, and Interest rate decisions also will be important. On the other han...
Freefall in Wall Street!
Bullard is killing the markets!After opening lower, freefall began. Earlier today, Governor of St. Louis Federal bank James Bullard said, "inflation was stronger than anticipated, and it would take the Fed several meetings to figure out how to pare b...
Market Update, June 18
How to end the week?In line with the Hawkish policy starting from FED, some banks changed the policies. The central banks of Russia and Brazil have announced interest rate hikes. The Bank of Canada also took the lead in sending out a hawkish sig...
Gold free fall, time to buy?
Inflation, GDP, and Gold marketAccording to the numbers that last night, FED published, they expect a 7% economic growth in 2021. 3.3 and 2.4, respectively also are the estimated GDP numbers for 2022 and 2023. The numbers are telling us that we are b...
Can Dollar Hold the gains?
Unexpected non-Dovish FED!FED announcement was not Hawkish, but it was not Dovish as well. In the short term, still, it is the market reaction to FED decisions and Mr. Powell's press conference that moves the markets. The Federal Reserve's FOMC...
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