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Sterling and return to the downward trend.
Strong Labor market and decreasing inflationRecently published data from the UK were mixed. Last week's GDP was disappointing, and this week's labor market data and inflation numbers were encouraging. GDP data released last Friday showed t...
The effects of US inflation on financial markets
Hard work fighting bearsBefore investigating the US inflation effects on financial markets, reviewing the numbers in more detail would be better. According to the US Bureau of Labor Statistics, the US consumer inflation in January raised 6.4% year-on...
Gold and US inflation
Bulls will have hard days ahead! The gold price was in a clear uptrend from November 2022 until last week, when market participants started to believe that Fed tightening policies would continue as inflation concerns again increased. This though...
Airbnb Earnings Preview | Q4 2022
Estimates after the best-ever quarterAirbnb will release the earnings of its fourth quarter of last year after the market closes on Tuesday, February 14th. Since the service sector is still increasing after lifting the Covid restrictions, and we can...
Bitcoin uptrend reversed again after rally peak
Bitcoin retreating is intact currently after a strong impulse down reversed the uptrend following a rebound to five-month high. The price is below $21,600 currently. The price is testing again the Fibonacci 100 level after a consolidation retracing....