Month: June 2023

Share: Economists at Wells Fargo continue to believe the best opportunities for currency strength and outperformance exist in emerging markets. The most attractive yield opportunities continue to be found in the emerging market We continue to believe the best opportunities for currency strength and outperformance exist in emerging markets; however, we have become slightly less
0 Comments
The BoE last week surprised with a 50 bps hike following another hot CPI report the day before. In fact, core inflation rose to another record high and given the previous data like the very strong employment report where wages have risen much more than expected, the BoE decided that a bigger hike was necessary.
0 Comments
Bullion traded in the green on the MCX in Wednesday’s early trade aided by an almost flat Dollar Index (DXY). The DXY was hovering around 102.50, though the bias was positive. Meanwhile, gold and silver took the opposite trajectory on Comex. While the yellow metal traded on a positive note, silver futures declined. Both gold
0 Comments
————————————– ✅ My Only REAL Social Accounts: IG: https://www.instagram.com/tori.trades/ FB: https://www.facebook.com/tori.trades Twitter: https://www.twitter.com/toritrades TikTok: https://www.tiktok.com/tori.trades #daytrading #swingtrading #futures #stocks Watch my FREE Trading Course Intro Video 🎁: https://tori-trades.thinkific.com/enroll/1543827?et=free_trial Learn My Strategy: https://www.tori-trades.thinkific.com DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind
0 Comments
Share: EUR/USD pauses two-day recovery from the lowest levels in a fortnight amid cautious markets. ECB policymakers advocate higher rates, rule out rate cuts but German Bunds renew recession fears. US data will allow Fed Chair Powell to sound hawkish, suggesting pullback in Euro pair. ECB President Lagarde’s speech, second-tier German data also eyed for
0 Comments
The price of WTI crude oil futures is settling at $67.70 today. That is down $-1.67 or -2.41%. The low price reached $67.55. The high price was at $70.15. Current economic projections lean toward the potential for recessions in the US (and other global economies) and that has traders worried about the demand-side. That view
0 Comments
Gold prices were flat on Tuesday, hovering slightly above their three-month lows, while the U.S. dollar strengthened as traders looked to hedge against a political turmoil in Russia and the Federal Reserve’s hawkish outlook. FUNDAMENTALS * Spot gold held its ground at $1,923.94 per ounce by 0114 GMT, while U.S. gold futures were also listless
0 Comments
In today’s trading, Euro takes the limelight, soaring broadly and reaching new heights against the frail Yen. While comments from ECB officials continued to be hawkish, there was basically nothing substantially new. The rationale propelling the shared currency is yet unclear. Following closely behind, Aussie and Kiwi mark themselves as the second and third strongest,
0 Comments
Share: Today’s inflation data in Canada will be key to driving market expectations for the BoC’s July decision. Economists at ING analyze CAD outlook. Inflation numbers in focus Consensus is looking for a rather substantial slowdown in headline inflation from 4.4% to 3.4%, while the core measure should decelerate to around 4.0%. We are still
0 Comments