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The dollar rose for the fourth straight day to a 6-week high against the Swiss franc. The Swissy is also at a four-week low against the euro and the loonie. While the CHF is hovering at a two-month...
Soaring inflation to weaken Eurozone economy ECB set to up the rate hikes DAX in renewed bearish motion European equities are likely to remain under pressure as concerns about the economy and...
Fed speakers indicate third straight 75 basis point hike a given Fed hawkish mood reaches new heights after latest jobs, consumer data Gold longs need to avoid dropping below $1,708 at all...
Stocks managed to fall again yesterday, with the S&P 500 slumping 1.1%. The index got as low as 3,965, or 15 points from 3,950, and good enough for me, target hit.Believe it or not, this is where...
This is the final post in my three-part series on top-down analysis which aims to fine-tune the search for the best, or in this case, the worst asset.I do not claim that this is the worst ever stock,...
Fed’s Powell sees pain, and ECB talks of sacrifice High inflation remains a challenge on both sides of the Atlantic Central bank autonomy under fire after missed call on inflation The message...
Powell’s speech led to a sharp decline in markets Fed Chair seems to suggest that Fed still using ‘anchored inflation expectations’ Shrinking balance sheet is needed but market...
Mantra of 'OPEC+ cuts' likely to boost crude until September 5 meeting Renewed Libya conflict, soaring European natural gas prices also help Spot gold comes under renewed pressure under $1,730 on US...