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Wall Street opened mixed, with mixed economic data!
What about Gold?Before the cash market opens, the futures market was falling. Dow lost 0.5% in the cash market opening, SP500 was down by 0.3%, and Nasdaq traded 0.1% higher in the first minutes of the market opens. The mixed and negative stock...
US dollar Steady, waiting for Jackson Hole?
US 10-year treasury back above 1.187After RBA and ahead of BoE, investors may wait for more Hawkish signals and policies. Early Tuesday, the Australian central bank held the Interest rates. Despite the lockdowns and restrictions in some cities a...
Biden infrastructure bill and Stock Markets
Can Biden`s bill move the August?Last Friday, the Senate agreed on Biden`s infrastructure plan. The main reason for this fast and comprehensive margin confirmation is Biden`s top priority of renovating roads and bridges, which both Republicans and De...
Weekly Outlook, 2-6 August.
NFP, PMI data, and BOE are in focus! With the cooling-off of the earnings, now, eyes turn on economic data. The week ahead will cower hug data and numbers with employment data from the US, Canada, and News Zealand, while PMI numbers from t...
Gold, up in 2021, down Next Year?
Gold will decrease by real economic growthThe last two weeks were one of the most critical periods of the 2021 Economic calendar! Despite the decrease in the last day of the past two weeks, yellow metal increased and closed much higher. Several reaso...
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