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Oil fell after the OPEC report and Asian data!
OPEC lowered its demand expectation for 2022 and 2023OPEC published its monthly report for November 2022 on Monday. According to this report, OPEC lowered global oil demand growth for this year and 2023. The Organization of the Petroleum Exporting Co...
Japanese GDP and Yen outlook!
When should buy and sell the Japanese Yen?While the US dollar is weakening and Bond Yields decreasing, USDJPY fell under the 140 level. Last week we had Japan's inflation numbers, which increased doubts about the continuation of BoJ's ultra-easy poli...
Pound and return to the downward trend
UK in recession, Bailey is serious about raising interest ratesCable raised sharply last week, but mostly because of the weaker dollar. GBP/USD passed the 1.164 resistance and closed at 1.1843 on Friday. Political uncertainty caused by the US mid-ter...
How gold gained $100 in one week?
Can yellow metal catch $1,800 after three months?While USD officially touched its lowest in almost three months with the USD Index at 106.70, the gold price was also above $1,775 trying to touch the 3 months high. After USD weakness following the mar...
European stocks are on fire!
Hang Seng rose 7.7% in the Asian season! As it was expected, European stocks opened higher and still increasing. German DAX trading 0.3% higher, CAC 40 in France climbed 0.8%, and the FTSE 100 in the UK rose 0.3%. This gain after yesterday...
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