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Powell will stay there, Markets in sharp movements!
President Joe Biden renominates J. Powell as FED Chair, for a second term Earlier today White House announced that Mr. Biden planning to renominate Mr. Jerome Powell for a second term at the helm of the U.S. central bank.While some Democratic se...
US Home Sales preview
The effect of supply logjams Today Existing Home Sales numbers and Wednesday's New Home Sales will be in the focus for market participants and investors. Construction sectors and industry is one of the most industries in the economy with the pos...
Covid-19 and Red Markets!
New rounds of locks downs?What could be shocking, is not anymore! Austria enters in full lockdowns to stem a spiraling infection rate. While many countries around the globe already had fully imposed a nationwide vaccine mandate, we passed the 5.1M to...
Gold and Bonds!
Gold reaction ahead of Bond Auction! While the US dollar still raising, and Wall Street increasing, Gold trying to realize its next trend and get out of created range in the past week. This trading ranged caped between 1,855 and 1,870. In t...
Inflation and No Backing Down Signs
What central banks can do?The inflation risk and concerns bell were ringing last week as the US consumer price index (CPI) increased sharply by 0.9% in October increase the annual rate by over 6%, the highest level since 1990. Increasing inflati...