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How The Fed Helped Create The China Bubble—and Bust

How The Fed Helped Create The China Bubble—and Bust

The salvo from Washington as it unleashes the Green War with China leaves no doubt about the perilous state of Sino-US relations, and, incidentally, about Bidenomics. Yet, the remnant of a strong monetary link between the two countries brakes the journey into an intensified cold war between the two countries. depositphotos Monetary realities mean the brewing cold […]
AI Data Centers And EVs Create Incredible Opportunities

AI Data Centers And EVs Create Incredible Opportunities

Photo by Steve Johnson on Unsplash  Some winners from the artificial intelligence (AI) and electric vehicles (EV) boom are easy to spot. For instance, shares of Nvidia, Microsoft, Tesla, and other companies have posted significant gains, anticipating a surge in future revenue and profits.The development of AI data centers and the continued growth of EVs will benefit industries […]
Poland’s Labor Market Remains Resilient, But A Delayed Slowdown Impact Is Emerging

Poland’s Labor Market Remains Resilient, But A Delayed Slowdown Impact Is Emerging

Polish wage growth continued at a double-digit pace in April. Meanwhile, the average paid employment contracted 0.4% YoY in April as demand for labor showed a delayed reaction to the slow economic growth seen in 2023. Still, supply-side constraints are prevailing in the labor market. depositphotos Averages wages and salaries in the enterprise sector rose 11.3% year-on-year in April, […]
Copper Market Commentary – Wednesday, May 22

Copper Market Commentary – Wednesday, May 22

Image Source: Pexels  Copper CorrectingCopper prices are seeing heavy selling pressure on Wednesday as a rebound in the US Dollar fuels a short squeeze from recent record highs. Copper futures have shed around 4% from the fresh peak recorded earlier in the week and with strong bearish divergence in momentum studies, risks of a deeper pullback […]
The RBNZ Maintained Its Hawkish Bias, Leaving The Interest Rate At 5.5%

The RBNZ Maintained Its Hawkish Bias, Leaving The Interest Rate At 5.5%

Image Source: Pexels  At the end of Tuesday, the Dow Jones Index (US30) was up 0.17%, while the S&P 500 Index (US500) added 0.25%. The Nasdaq Technology Index (US100) closed positive 0.22%. The US stock indices closed moderately higher, consolidating just below last week’s all-time highs. The rise in stocks was limited by comments from Fed Representative Waller and FRB Atlanta President Bostic, […]
Gold Price Edges Lower For Second Day On Bleak Interest-Rate Outlook

Gold Price Edges Lower For Second Day On Bleak Interest-Rate Outlook

Gold price (XAU/USD) trades lower by about a quarter of a percent in the $2,410s on Wednesday as a shift in the outlook for interest rates – both in the US and globally – weighs on the precious metal. Recent comments from US Federal Reserve (Fed) policymakers repeated the mantra that insufficient progress had been made in bringing inflation down to […]
Big Banks Win With FDIC Head’s Resignation 
                    
 

Big Banks Win With FDIC Head’s Resignation  

Martin Gruenberg just gave big U.S. banks a gift. The head of the Federal Deposit Insurance Corporation, and an architect of new, yet-to-be-implemented capital buffer rules, said he would step down from his post. depositphotos Democrats hope to squeeze through a proposal while the FDIC’s chair remains on the job. A speedier resignation would put Republicans in […]
Elliott Wave Technical Analysis: U.S. Dollar/Canadian Dollar – Wednesday, May 22

Elliott Wave Technical Analysis: U.S. Dollar/Canadian Dollar – Wednesday, May 22

USDCAD Elliott Wave Analysis Trading Lounge Day Chart,U.S.Dollar /Canadian Dollar (USD/CAD) Day ChartUSD/CAD Elliott Wave Technical Analysis  FUNCTION:  Counter TrendMODE: impulsive                                              STRUCTURE:red wave 3POSITION:blue wave CDIRECTION NEXT HIGHER DEGREES:red wave 4DETAILS red wave 2 of C […]
EUR/USD Consolidates Around 1.0850 Ahead Of FOMC Minutes

EUR/USD Consolidates Around 1.0850 Ahead Of FOMC Minutes

EUR/USD treads cautiously as investors shift focus to the FOMC minutes. ECB policymakers are divided about continuing the dovish trend beyond the June meeting. Fed officials want to see inflation easing for months before lowering interest rates. EUR/USD is stuck in a tight range around 1.0850 in Wednesday’s European session. The major currency pair is […]
GameStop AMC Meme Stocks Frenzy And The Winners Losers

GameStop AMC Meme Stocks Frenzy And The Winners Losers

The volcano that remained dormant for three years and was informed never to be active again, otherwise known as Gamestop stock (GME), erupted last week. depositphotos Although we know that, as traders, the market is constantly rising, falling, and changing, we are familiar with such explosions; the magnitude of this eruption was different, and it’s bound to leave some […]