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NFP Preview | January 2023
Nonfarm payroll growth has seemed at odds with other economic data.PMI and other economic data show that economic activities have decreased in recent months. At the same time, we cannot see the direct reflection of these data on the Labor market, whi...
PMI data beat expectations, Euro failed!
The current uptrend in the EURUSD chart can face difficulties, while the downtrend does not have enough reason to last long.The economic calendar shows that Eurozone economic activities increased in December and beat the markets' estimates. This...
Stocks and Dollars rise; what to expect next?
USD index Key pivot sits at 107.00US futures raised on Monday and continuing that on Tuesday so far, while we are waiting for a busy week with Fed minutes on Wednesday and NFP numbers on Friday. On the other hand, investors and traders will watch the...
China Covid-19 policies and Silver demand!
Economic uncertainty confusing investors. While Chinese U-Turn in its Covid restriction policies encourages investors and manufacturers, on the other hand, doubts about Beijing's transparency, especially with the re-increasing patient numbers, h...
Russian Ruble at an eight-month low. Can the fall continue?
Oil revenue concerns and increasing tensions! While concerns over Russian Oil and petroleum products restrictions and supply increase, and gas prices falling under $5, the Russian Ruble eased to its eight-month low against the USD, trading above...