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FED on hold policy, what next?
Substantial further progress is what Powell wantsThe event of the week ended, primarily as what we were waiting for. Federal Reserve holds the policy as long as how FED chair, Mr. Powell says, "substantial further progress" can be evident. Fed funds...
Gold falls ahead of FED and Rising U.S. Treasury Yields
Gold Fundamental and Technical reviewToday, Gold finally broke its created trading range of past days (1,776 - 1,781) and lost the ground against USD gaining. USD also kept its slight uptrend, which has been started since the beginning of this week o...
USD gains ahead of U.S. data
DXY passed 91 Marke; what next?USD Index passed the 91.00 mark, ahead of U.S. data (C.B. Consumer Confidence (Apr)) and FED policy announcement. At the same time, U.S. 10-year yields also raised to 1.586%. Late today, we will have the U.S. Consumer C...
SPX, NASDAQ, and FAANG earnings Reports
About 180 S&P 500 listed companies are reporting this week, including Tesla and FAANG`s, which makes that the busiest week of the first-quarter earnings season on Wall Street. Eight hundred eighty companies are down to report earnings next...
European markets Mixed
The nonsense rise in CPI and Retail salesEuropean stock markets started to gain after a mixed start, and Wall Street closing in Red overnight with ECB holding its ultra-easy monetary policies.At the time of writing, and while DE100 was trading 0.82%...
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