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BoC, the most Hawkish Central Bank!
Interest Rates are at a 14-year high; Loonie does not pay attention!After Tuesday's RBA meeting and Thursday's European Central Bank meeting, BoC raised the rates by 75 basis points to lift the Canadian Central bank's interest rates to a 14-year high...
The US and China Economic data and Energy Market
Chinese trade data confirms the overall weakness of the global economy. Yesterday and Wednesday, we had PMI data from most developed economies. However, the US and Chinese data caused almost a free fall in Gas and Oil prices. Starting from...
Global Monthly Economic Outlook
The worst historical month for Bitcoin and S&P 500!War continues in Ukraine and puts more pressure on the European economy. As was expected, after strengthening in the initial days, Euro continued to fall more, and USD printed new records against mos...
Bitcoin downtrend persists
Bitcoin price is below $19,700 currently. A glance at the daily chart reveals the price is testing the lower boundary of the narrow range it was trading in last week. The downward trend is still in place as bulls didn’t make attempts to retake contro...
Mixed data and wrong reaction!
Stock Markets rise, USD fall! Meanwhile, Wall Street has reacted positively, but a more detailed data analysis says something else. Data were so mixed, and its understanding takes time, which is why market participants can have a wrong reaction, but...
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