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Monthly Outlook, July 2021
New records, day after another! ReviewIn June, everything was about the inflation and FED decision. Stock markets printed new records almost every week on both sides of the Atlantic Ocean. US Dollar also, with whispers about rate raise and...
ISM Services PMI and US Dollar
Is the dollar back on the uptrend?After overall positive NFP numbers, now eyes turn to today's ISM Service PMI numbers. Service purchasing managers' index for June is projected to decline slightly from 64 points in May; however, it is still expected...
OPEC Failed, Oil Gained!
UAE's position has not changed!According to unofficial resources, Bloomberg and Reuters reported that OPEC and non-OPEC producers, known as OPEC+, have decided to postpone the meeting after three days of unsuccessful negotiations, leaving the output...
Gold and Market's risks
What do economic data tell us?The week started with almost negative news. Earlier published data from Asian and European countries besides Coronavirus news had some alert. Caixin Services PMI data Earlier Monday showed China`s services sector with a...
Commodity Trading Firms
Commodity Trading FirmsThe term “commodity trading firms” refers to those brokers, that besides providing Forex trading opportunities, also do offer commodity futures. Commodity trading firms provide aclients with access to a large number of co...
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