Why Extreme Stock Reversals? Markets may trend higher over the long run, but short- and medium-term price swings often create extreme retracements and abnormal reversals. …
Category: Forex Short News
Introduction American warships are already off the coast of Venezuela. Trump speaks of narcotrafficking, but is that really the whole story? Let’s break down what’s …
Societe Generale is stressing that the jobs report this week is going to be an extremely crucial one with the stakes running high. Stronger-than-expected data …
OPEC+ was supposed to be done with output hikes but this report is going against those expectations. Oil prices of course spiked to the downside …
Prior +0.8% If you strip out energy prices, then producer prices actually were flat on the month and has been reflecting little change in general …
We need to bring inflation and borrowing costs down. We will do that by keeping a tight grip on day-to-day spending and enforcing fiscal rules. …
Prior 51.8 Final Composite PMI 53.5 vs 53.0 prelim Prior 51.5 Key findings: Output growth accelerates during August Rebound in new order intakes Business optimism …
Prior 51.0 Composite PMI 51.0 vs 51.1 prelim Prior 50.9 The carry balance has shifted sides in Europe in August, with the manufacturing sector doing …
His trip last week was abruptly cancelled as there was still a significant gap between both sides on agricultural issues. To be more specific, Japan …
Prior 50.6 Final Composite PMI 50.5 vs 50.9 prelim Prior 50.6 Comment: Commenting on the PMI data, Dr. Cyrus de la Rubia, Chief Economist at …