Weekly jobless claims unexpectedly rise * GameStop gains on stock split * Samsung results boost chipmakers * Indexes: Dow 0.52%, S&P 0.84%, Nasdaq 1.32% July 7 (Reuters) - Wall Street's main indexes rose on Thursday as investors scaled back expectations of how much the U.S. Federal Reserve will raise interest rates by amid growing concerns about a recession.
Hello, everyone! Wednesday is here and we are ready, to sum up, yesterday’s bloodbath in the gold, currency, and oil markets. A renewed spike in Covid cases in China and expectations of a US recession in the next year resulted in the mixed performance of Forex, stocks, and commodities. US Treasury yield stays inverted for a second straight day on Wednesday. US...
#AUDJPY Sell - 95.32 Tp - 92.5 Tp - 92.00 Tp - 90.56 Sl - 96.98
#EURUSD Buy - 1.0580 Tp - 1.0635 Tp - 1.0670 Tp - 1.0760 Sl - 1.05020
#XAUUSD Buy - 1826 Tp - 1877 Tp - 1920 Tp - 2000 Sl - 1780
#EURGBP Buy - 0.85950 Tp - 0.86300 Tp - 0.86700 Tp - 0.87050 Sl - 0.85050
Hello guys upward above 11850 AND 11720 tp: 12020 & 12240 & 12460 sl: 11490 risk 2%
EURUSD Upward above 1.0580 TP.:1.0635 & 1.0670 & 1.0760 SL.: 1.05020 Risk 2%
It is clear from the movement of the wave during the previous two days that there is a reversal that will happen, but we do not know when or how, this depends on the direction of the dollar and the weekly news.
It seems like "everybody" these days is saying we’re going into recession. So: are they right? I’ve covered the markets and the economy for four decades, and I can’t recall a time when more people — or at least prognosticators, economists, and bankers — were more certain that an economic downturn was imminent. And if so many people believe that a recession is...