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BoC slows down the pace! Beginning of a cautious period?
Bank of Canada raised the rates by a 50-basis point On Wednesday, as was expected and we mentioned in our weekly outlook, the Bank of Canada raised interest rates by 50 basis points to 3.75%, lower than consensus market expectations for a 75-bas...
The weakened economy and the opposite reaction
PMI and consumer confidence missed the expectations The new week started with PMI numbers from major economies, with lower-than-expected results. French manufacturing PMI in October at 47.4, was the lowest since May 2020, while the initial value...
Alphabet’s earnings preview | Q3 2022
Google Cloud at the center of attention Alphabet’s GOOGL third-quarter 2022 earnings due to release on Tuesday, October 25, after the market close. Even if it is going to be lower growth, but still expectations are optimistic about go...
Bitcoin and Crypto markets in the week ahead!
Beginning of a cautious and soft uptrendAfter weaker trading during the week, last week most cryptocurrencies closed higher on Sunday. However, the new week started with a pullback, as recession risks increased. According to the Purchasing Managers I...
EU inflation and Euro!
EURUSD remains bearish! While inflation still increasing, Luis de Guindos, ECB Vice-President says that they are prepared to face a technical recession to bring down inflation. This hawkish tone helped the Euro to strengthen to some extent again...
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