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Weekly Claims eased to 365K
Initial jobless claims in the lowest level since the beginning of the pandemicAccording to the United States Department of Labor (DOL) data, weekly claims for unemployment benefits drop to 364K, lower than 393K expectation, 51K lower than the week be...
Gold and the raising Dollar!
Secrets of the H4 chartTo understand the Gold market, we have many items to search for; however, sometimes Gold has different reactions to the same factors. Yesterday while the US dollar was getting stronger, which usually means the weaker Gold,...
Stocks decreasing on the last day of the first half
Market confidence in FED supportsEarlier in the Asian markets, Nikkie 225 closed 0.07% lower, and Hang Seng was down 0.57%, but Shanghai gained 0.50%. In Europe, suffering was much more. UK100 after missing GDP numbers lost 0.21%. In Germany, while t...
Oil Market ahead of OPEC+
API inventories fell more than 8MRussian and Saudis disagreements ended with a delay in OPEC and its allies, known as the OPEC+ meeting. Therese two major world Oil producers, after the outbreak of the Delta virus in many countries around the world,...
VIX and Bonds, both falling!
Market Update and expectationsVIX started falling since last week from June 21 hit at 22.30 to yesterday's low at 18.11 and still trading around the same number, 19% lower than a week ago. However, the Delta COVID-19 variant continues spreading in th...
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