Archives by Month:

Archives by Year:

Markets Confident That Rate Cuts Will Start In September

Markets Confident That Rate Cuts Will Start In September

We’ve been here before. Markets price in high odds that the Federal Reserve will soon start cutting interest rates only to learn otherwise. Is this time different? That’s the bet… again.To be sure, there are several compelling reasons to assume that rate cuts are near. Another encouraging inflation report helps. Signs that the US economy is slowing is another […]
Poland’s Current Account Close To Balance In May

Poland’s Current Account Close To Balance In May

Image source: Pixabay  Poland’s external current account remains strong – with a tiny monthly deficit in May but a sizeable surplus of 1.8% of GDP on a 12-month rolling basis. While merchandise imports reflect a gradual recovery of domestic consumer demand, exports struggle due to stagnant German manufacturing, in particular the automotive industry.The current account balance […]
Struggling Consumers Are A Tough Slog

Struggling Consumers Are A Tough Slog

Consumer spending drives just under 60% of Canadian GDP growth and consumer spending fell across all categories in June–discretionary and essential (shown below courtesy of RBC). Warm weather and declining interest rates did not entice spending as hoped. Overall, second-quarter retail sales were negative.Fewer Canadians have renovated their homes amid a sluggish housing sector, while food […]
Savvy Shoppers Await Prime Week Deal Competition

Savvy Shoppers Await Prime Week Deal Competition

Amazon (AMZN) Prime Week is back again, and every year retailers ride the coattails of Prime Week with their own sales.  Inflation is still affecting retailers — during the last earnings season, 73% mentioned inflation during their earnings calls. depositphotos Most retailers also agree that consumers are waiting for promotional events in order to shop, as they […]
USD/TRY Forecast: TRY Falls To An All-Time Low Against The US Dollar

USD/TRY Forecast: TRY Falls To An All-Time Low Against The US Dollar

Signals for TRY/USD Today  Risk 0.50%.  Bullish Entry Points:  Open a buy order at 32.95.  Set a stop-loss order below 32.75.  Move the stop-loss to the entry point and follow the profit with a price movement of 50 pips.  Close half the contracts at a profit of 70 pips and leave the rest until the […]
This Week: NETH25 Braces For Volatility Amid Trump News

This Week: NETH25 Braces For Volatility Amid Trump News

Trump’s assassination attempt shocks markets NETH25 has risen 20% YTD ECB meeting to affect Eurozone stocks ASML earnings pivotal for NETH25 Global markets are starting the week with hints of the “Trump trade”, which is pushing global stock indices slightly lower. The developments surrounding the assassination attempt over former US President Donald Trump adds another factor to watch this week […]
High-Yield Investments Outshine Tech Stocks

High-Yield Investments Outshine Tech Stocks

If you regularly follow the news, you may, like me, feel that the world is slowly spinning out of control. In my world of investment research, these thoughts lead to the question: What investment products and strategies will protect my wealth, income, and lifestyle? depositphotosMy thoughts today were triggered by this Zerohedge headline (premium subscription required): […]
The Dollar Index Could Continue To Retreat Below 104.00

The Dollar Index Could Continue To Retreat Below 104.00

During the Asian session, the dollar index tried to start a recovery. We encountered resistance at the 104.30 level. After that, the index started a bearish consolidation and a retreat to 104.05 levels. Here, we are now trying to hold above the weekly open price. Looking at last week’s movement, the dollar is still under pressure to […]
Bitcoin funds draw fifth-largest weekly inflow

Bitcoin funds draw fifth-largest weekly inflow

Key Takeaways Digital asset investment products saw $1.44bn inflows, pushing YTD total to $17.8bn. Bitcoin led with $1.35bn inflows, marking the 5th largest weekly inflow on record. Digital asset investment products saw $1.44 billion in inflows last week, pushing year-to-date (YTD) inflows to a record $17.8 billion, surpassing the 2021 total of $10.6 billion. Bitcoin […]
Gold: Record Highs On The Horizon

Gold: Record Highs On The Horizon

Image Source: Pixabay  After a quiet start to the new week, gold turned positive on the session by mid-morning European session, aligning with its recent trend.  The metal has achieved three consecutive weeks of positive closes despite a minor dip on Friday. The precious metal appears poised to conclude its sixth straight month of gains. Over […]