- Sanctions, led by the U.S. in hopes of punishing Russian aggression may NOT have the impact the U.S. is hoping for? Could they actually backfire?
- Saudi Arabia rejects Biden's request for talks on increasing oil production and instead announces that they are considering accepting Yuan instead of dollars for Chinese Oil sales (per house rules, links to sources...
FUNDAMENTALS-
the ONLY "Major" news we have this week is the USD inflation data on Wednesday 8/11 @ 8:30AM est ...
Now we've seen what NFP has done already. Dollar soared because bloomberg revised down the expectations due to a poor ADP, (check 2 post ago), but NFP wasnt bad.
Now i can see US inflation CPI data to continue it's trend of coming in WAYYY over...
