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Weekly Outlook, beginning of the Second Quarter
Geopolitical tensions in a light week! While In Iran and East Asian countries, respectively is Nature day and Ching Ming Festival with Holidays on Monday and Tuesday in China, we could not enter the second quarter with peace! The market will sti...
BTC and the story of 44,600 USD
OBV line still moves above the MA line. BTC sounds like is very committed to its support important pivot line at 44,600. This is the level, where several times BTC has been trying to breathe and find its way towards the next resistance at $52-53...
Putin pulled up, Biden down. Oil and political games
EIA meets to discuss stocks releaseEarlier in the week, we had a report that Vladimir Putin ordered the central bank to find a way to get the Oil and Gas payments in the Russian Ruble, instead of USD and Euro. This process is supposed to start today,...
Continuing Jobless claims at a 60-year low, inflation still increasing!
Economic data are great, what to expect ahead of NFP?Yesterday, the US ADP employment increased by 455,000 in March, more than 450,000 market estimates. Data show that the US labor market overall added nearly 1.5 million jobs in the first quarter of...
US House prices jumped to increase the concerns!
No more Choice: Live with higher inflation or start fighting with that and face stagflation!According to the Federal housing finance agency, the US house price in January increased rapidly after the upward revision of earlier months as well. The HPI...
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