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Can the EIA report stop the bears?
Oil drops as Chinese Manufacturing Activity Shrink for a Second Straight Month in a row!US stocks trading mix in the first hours after Wednesday's open, while in the recent days, US leading indices have been losing ground. The main reasons for pausin...
Euro and glimmers of hope
EURUSD trying to stay above 1 USDWhile Friday's US data and FED speakers increased the USD demand and sent the EURUSD under 1.00, Monday's return continued on Tuesday trading hours as well, as the 75 bps rate hike expectation from the ECB is getting...
Gold remains under pressure as Stock returns
positive effects of missing data! US economic data once again confirmed the slowdown in the US economy. According to the published data on Monday, even though the US August Dallas Fed business activity index increased to -12.9, up from -22.6 in...
USD and New 20-year Record
Powell's comments led the market's emotion.While Friday's inflation numbers could cool the inflation fears a bit, Powell's emphasis on the central bank's policies, investors somehow ignored the data to give more credit to the FED chair's comments.&nb...
Pain can continue for a sustained period
Powell shooked the markets!Finally, we had Fed Chair Powell's speech at the Jackson Hole symposium, which we were waiting for that whole week. So far, what has attracted the attention of market participants more than anything else, was Powell's empha...
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