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US Initial Jobless Claims at new low, Stocks at a new high!
Why does Labor market data fail to encourage tapering? Initial jobless claims for unemployment benefits in the week ended 28 August, fell to a fresh low after the recovery started. According to labor market data, Initial claims decreased 14K to...
Inflation in EU and ECB!
Warnings that must be taken seriously! Yesterday Eurozone CPI was worrying. Inflation in many European countries also continues to raise. What European Central Bank should do? European inflation at 2.2% was not a concern until yesterday's p...
House price rise, Wall Street Shakes!
Can the housing market heat up the inflation debate again? One of the most important data of the day was the US House price index. After Mr. Powell's speech on Friday, now eyes turn to the latest inflation and labor market data, before the Septe...
WTI before OPEC+ meeting
US hurricane has subsided, market balancingYesterday, the US crude oil price was once under pressure after opening higher, following the downgrade of Hurricane Ida to Class 1, to touch a daily low at $67.62. Earlier, offshore oil platforms, oil...
EURUSD and expectations
It's all about which one is weaker When we are talking about EURUSD and its trend, as we know, first we have to check the Euro and USD separately first and then as a currency pair. US Dollar index got weaker after the dovish tone of M...
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