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Footsie after Johnson's resignation.
Where is the UK economy expected to go?UK economy already was in a critical condition, and now with Prime Minister Boris Johnson's resignation, the world's fifth-biggest economy will need more reasonable factors to grow. According to Office for...
Gold breached all support lines, time to buy?
A stronger dollar makes XAUUSD less attractive!While gold is caught in the trap of sellers, it is weaker against the US dollar. Spot gold lost 1.6% to $1,735 per ounce against the US dollar to test its lowest price since mid-December.While the focus...
City and China, Oil killers!
Oil is recovering after the worse day in three months!Oil prices on Wednesday could recover a bit after yesterday's free fall. Earlier today, WTI could recover some of its loss. However, concerns about demand destruction remain in the background. On...
DXY in new records, as Yields are decreasing
Stagnation seems more real every dayAfter a long holiday weekend, the US dollar started a trading week with a super bull run, printing new records. On the stock markets, prices are falling rapidly, and rates are back under 3% for 10-year benchmark Tr...
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...
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