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ECB Forum on Central Banking: nothing but adding the concerns!
Doubt on stock markets and falling oil pricesOn Wednesday, 29th June, European Central Bank's Governor, Mrs. Lagarde, hosted the FOMC Chairman Jerome Powell and Bank of England (BOE) Governor Andrew Bailey on the last day of the ECB Forum on Central...
Cable got tired of the side trend!
GBPUSD breached under 1.22The British pound has been standing still since June 17. Even recent weak data on UK retail sales and other sectors failed to impact the price. Data and outlook on Pound and UK economic condition were mixed, while US dollar...
After Lagarde's speech: EU Bond Yields up, Stocks raising!
25 bps rate hike in June seems definite!Ahead of Wednesday's major central banks' governors' meeting, today's Lagard speech was significant for many market participants, especially those trading in European stock markets. European Central...
Stocks and Yields increasing, and Gold is falling
The fate of the yellow metal after the Russian sanctionsGlobal stock markets are increasing on Tuesday, supported mostly by Chinese news. Reports show that China easing its covid-19 restrictions, while data show the price pressure decreasing and the...
Bitcoin rebounding continues – will the downtrend reverse?!
Bitcoin rebounded last week. Bitcoin price is above $21,000 currently though there is widespread belief it will fall below $20,000. A glance at the daily chart reveals Bitcoin is trading sideways currently. However, the bulls have not overtaken bears...
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