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Gold and week ahead!
The contradictory / companionship relations of Gold and the dollar In past months, finding the correlation between the Gold and US dollar index is getting harder, as sometimes the same news can lift both or put them under pressure, and sometimes...
Stimulus and budget deficit, What to do?
US Department of the Treasury and Emergency Cash Protection Plan.While we have many discussions about new government economic support under different names like Biden's infrastructure plan and Democrat's Budget Plan, some concerns are highlighted abo...
Gold, and investor confusion
Time to buy or wait for it?Yesterday, by disappearing fear over faster tapering, bond yields increased, and the USD dollar eased to help the Gold regain some of its losses. And Thursday at the beginning of North American season, with US market openin...
UK data and Cable trend!
Rising GDP in the UK, and inflation in the US!Earlier today, we had mixed economic data from the United Kingdom. Let's first review what we had and then check out their effect on the market. GDP in the second quarter increased 4.8% q/q, which wa...
Global shares Gain to lift the Oil!
EIA Energy Outlook and Market updates! After Monday's Chinese CPI numbers and today's US data, Global share hit new record highs as these numbers easing concerns about FED possible tapering because of higher inflation. Besides today's CPI d...
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