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Yen ignored Inflation numbers.
Both CPI and Core CPI raised 4% in December.With the Monday holiday, this week started on Tuesday in Japan and with inflation numbers. According to the Statistics Bureau of Japan, both CPI and Core CPI in Tokyo rose by 4% in December, up from 3.7% an...
Oil and Dilemma that have confused investors
The future is unclear, and all the factors that increase or decrease requests need to be clarified.After today's Fed Chair Powell's speech, stock markets had slightly positive reactions; investors need clarification about the Oil market's future. Ear...
Gold touched a seven-month high as the USD weakened.
Signs of cooling price pressures will reduce rate hike expectations for 2023, providing support for gold prices.A weaker USD is not the only incentive for bulls; fears of global recession also increase the yellow metal's safe-haven demands. Economic...
Bulls firmly in control – is this the beginning of a rebound?
Bitcoin price bearish momentum seems to have been reversed by bulls. The price has retraced up above $17,200 after third test of Fibonacci 23.6 resistance. Looks like bulls are holding on their own after bears lost control as price started rebou...
Market configuration after EU inflation and US employment data!
EU mixed inflation and the strong labor market in the USToday we had a jam-packed calendar. German factory orders fell by -5.3% in November, but retail sales rose by 1.1%. Eurozone, consumer price inflation, eased 0.3% in December to lower the annual...