EUR/USD Sell off has not finished yet
EUR has made the biggest one day rise of recent years while ECB President Lagarde was speaking
While Euro is digesting this valuation we will see more decline
Friday Inflation Rate data will be high most probably as the bottlenecks in US still go on. In order to slowdown the demand and inflation we will hear more hawkish FED speeches and faster tapering in December. In the light of these advancements we will see lover levels of Nasdaq.
China's producer prices surged by 13.5% year-on-year in October 2021, beating market expectations of a 12.4% gain and following September's figure of a 10.7% rise. This was the tenth straight month of increase in factory gate prices and the strongest growth since 1995, amid a jump in cost of raw materials and widening power shortage. Prices of means of production...
As you can see the gold rise has been limited by the rise of US 10 years bonds. Bonds has risen only from 1.45 to 1.48 and rise in Gold Stopped so if we see 1.50 or more in US10Years then we will see 1.800s again in gold.
As we all know we had several flash floods this year and most probably we will have them more in coming years. Those flash floods are affecting the agricultural fields badly. Let me clarify; Once the flash flood hits a region top soil is removed and it goes to seas. So next season on that land becomes less productive. These kind of effects will make the prices of...
On contract end days a lot of traders dump their contracts and they just buy on the first day of new contract. This month will be same as well in each contract end there happens at least 3-4 Dollars decline. So I am expecting a decline on 17-18-19 Nov especially.
