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Wall Street and Chinese new policies
The red market and growing concernsAfter the losses of Asian stock markets, European continued the way, and now it's Wall Street's turn to disappoint investors. In the meantime, tech-heavy NASDAQ led the slump with more than 3%, while SP500 and Dow J...
Gas just tested $9, WTI above $110
Price can rise, or Economic growth concerns will stop it?While Putin jokes with Westerners about being blamed for all problems in the world, the economy is not joking with anyone, and hungry bellies can not laugh at jokes.So far, the war in Ukraine h...
Bitcoin back above $30,000 – about to reverse the downtrend!
Bitcoin retreating slowed last week and the crypto major consolidated in a narrow range around $30,000. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to reverse if the price breaches above $30,...
Yields down, Gold up. Gain for the first week in five!
FED policies, the Housing Market, and goldFor the first week in the past five weeks, gold closed higher. Last week while the US dollar index closed lower for the first week in six, yellow metal gained more than 2%. After completing lower in the previ...
Weekly Outlook, 23-27 May
Things get more complicated! China started to withdraw its COVID Restrictions, but the conflict in Ukraine got more complicated. Russia cuts the Gas supply for European countries one by one. Add them the latest tensions between the EU and UK abo...