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CPI and TAX reform, Stocks are the victim!
Wall street ease after an earlier increase! Tuesday, the US season started with a positive sentiment that the market got from inflation numbers. Published data showing a slower-than-expected rise in US inflation. This data was welcomed at first,...
OPEC is an optimist, Oil increasing!
OPEC sees more demand in 2022 Yesterday, US crude oil prices continued their way up by a 1.3% gain at the closing time, to touch a weekly high at its daily high above $70.73. Today this rally continued its way after a bit of correction to touch...
Can US CPI rescue the Gold?
What is Gold reaction to CPI numbers? Today we will have US inflation numbers, which can tell us more about how FED should move in its next meeting on 21-22 September. Last week we had US Producer Price Index (Inflation) that confirmed our concerns w...
Weekly Outlook, 13-17 September
Economic data in the spotlight! The market is optimistic, especially after a phone call between the US and China and Thursday's Initial Jobless Claims. And while last week the most major central banks had their monetary policy meeting, in...
Inflation is there to stay, is that what is PPI telling us?
SP500 in two weeks low. Earlier this week I had an article here about inflation and its importance in the current market situation. For a quick review, just need to mention that despite missing NFP numbers, it still, unemployment fall to 5.2% as...
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