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IMF meeting and warnings that should be taken seriously
Global recession now looks more real! IMF and the world bank meeting with some other financial institutes from around the globe started today, October 10, and will continue for the next six days. On the first day, a comment from World Bank...
What about crypto?
There is no hope for an upward trend The overall downtrend in the cryptocurrency market continues, except for some altcoins. After Friday's US employment data, now we can say that this downtrend which started last November, can continue to make...
Oil prices continuing gaining after the OPEC+ meeting
Bulls for now can lead the charts.Earlier this week on Wednesday, OPEC+ members met in Viena. In an almost strict decision, the Organization of Petroleum Exporting Countries and its allies (OPEC+), said it would cut supply by 2 million barrels per da...
September NFP preview | Oct. 7
Expectations are different with weekly reportsEmployment reports this week started on Wednesday and with ADP report, which was better than expected, and confirmed that the labor market is healthy. ADP Nonfarm Employment Change in September at 208K, w...
Can Service ISM numbers confirm the Fed's soft fall scenario?
The ISM Services Index declined modestly in September, but at 56.7 sounds still strongAccording to the Institute of Supply Management (ISM) report, Non-Manufacturing Purchasing Managers' Index (PMI) (also known as the ISM Services PMI) in September,...
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