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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...
BTC opened doors for 14,000 US dollars.
Will Putin save the Bitcoin?After the US dollar declined from its 20-years high, BTC could gain some of its loss and breathe again above 30,000 US dollars. However, it is still moving in a clear uptrend, and today increased by more than 0.3%.There ar...
US dollar and the worse week since February
Japanese Yen still giving buy opportunityUS dollar index increased on the last day of the week. However, it is preparing to close lower in the weekly candle and print its worse week since February with an almost 1.6% weekly loss. US dollar's pri...
Is the Asian stock market stabilized?
Is that last weekday correction, or we have gone through the worst conditionsAfter several days of falling in a row, on the last day of the week, Asian stocks closed higher with about 3% in Hong Kong, 1.6% in Shanghai, and 1.3% in Japan, while this p...
WTI ignores inventory reports
US Oil falls more than 2% despite lower US crude Oil stockpiles.Oil pushes lower to ignore the drop in API and EIA crude stocks. After the surprisingly report from yesterday's American Petroleum Institute, US Oil could hold its price above $110 US do...
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