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Bitcoin consolidating – where to from here?
Bitcoin downtrend didn’t reverse last week. Bitcoin price is below $20,000 currently. A glance at the daily chart reveals Bitcoin sideways trading continues currently. There are no clear signs who has the upper hand - the bulls or bears, a...
Can China save the global economy?
Eyes are where that many believe to be the leading cause of these problems.The latest data from China showed that Friday's manufacturing activity increased the hopes that the world's second-largest economy and the largest factory in the world could o...
OPEC+ And recession pressure on Oil prices!
Production increase, a decision that has no executive guaranteeOn the first day of the meeting, OPEC+ members decided to increase production by 648,000 bpd in August, which increased production to the pre-pandemic level. As you know, OPEC+ cut the 9....
AU200 and AUD on the last day of H1
More pressure on the stock markets is expected to continue.Australian stock markets ended the H1 2022 losing a tenth of their market value with more warns about a possible recession and rampant inflation. This is while Australian Aussie is also in li...
BTC falls in line with Stock Markets, Risk holding buyers back!
Aggressive monetary tightening policies are the primary concern!After yesterday's worrying comments by central bankers, disappointing US GDP numbers increased the fear of recession. Sharper downtrend continued all across the markets today as well, as...
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