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Monthly Outlook - August 2021
The excitement in a usual calm month!August was always known as a calm month or dead month since many investors and traders used to leave the market and rest. This month things changed as it is not a usual year, so does August. In this short and quic...
Time to buy Silver?
Time to buy Silver?The future world and Recovery pate! Many things are happening in the financial world while recovering from the crisis caused by the pandemic. Let's review different economic cycles:Expansion (increase in production and prices,...
Euro on the descending roller!
USD weakening or Dollar strengthened?Early today, Euro tried to continue its rally of Wednesday but failed at 1.90 and now again back under its critical level, sitting currently at 1.1850. With the ongoing changes in the US economy and the latest com...
NFP preview in the Employment Week
ADP missed, Jobless Claims fall, Job Cuts in record low!This week is the "Employment Week" in the United States. Yesterday, we had ADP numbers surprised us, and today Jobless Claims,...In terms of ADP, the market expected the number of employees to i...
BoE Preview: Count the votes!
Board members at the crossroads.Bank of England will hold the monetary policy meeting and interest rate decision tomorrow, 05 August. As we saw in other developed economies, we do not have any changes in current record-low interest rates; Monetary Po...