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Synchronizing Chinese Prices And Consequences
Article By: Jeffrey P. Snider
Friday, May 13, 2022 7:48 AM EDT
It isn’t just the vast difference between Chinese consumer prices and those in the US or Europe, China’s CPI has been categorically distinct from China’s PPI, too.
In this article: FXE, FXA, UUP, BITCOMP
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BTC/USD Forecast: Bitcoin Trying To Find Its Feet
Article By: Christopher Lewis
Friday, May 13, 2022 7:37 AM EDT
Bitcoin has gone back and forth during the trading session on Thursday as we are trying to figure out where the bottom of the market is.
In this article: BITCOMP Also: UUP
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Euro STOXX 600 Bounces Slightly Back
Article By: The Private Banker
Friday, May 13, 2022 7:30 AM EDT
The Euro STOXX 600 rose about 1.4% in the early European trading session.
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The End Of Cheap Labor
Article By: Alex Filonov
Friday, May 13, 2022 7:22 AM EDT
Labor shortages everywhere. Not only in the US but everywhere in the developed world. Lots of blame going around. Some blame COVID-19, and some blame politicians. But the problem is much deeper than it appears at the first glance.
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Two Trades To Watch: Gold, DAX
Article By: Fiona Cincotta
Friday, May 13, 2022 7:10 AM EDT
Gold edges up from three month low. DAX rises after a volatile week.
In this article: GLD, DAX
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Twitter Tumbles After Musk Says Deal On "Temporary Hold"
Article By: Tyler Durden
Friday, May 13, 2022 6:59 AM EDT
Two weeks ago, after Twitter reported disappointing earnings and admitted that it was "overestimating" millions of users since 2019, we asked whether this "merits a purchase price adjustment."
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Bitcoin Big Picture Outlook
Video By: LMAX Group
Friday, May 13, 2022 6:55 AM EDT
When we look at bitcoin and we look at it in the monthly chart, here is the picture that we see. We see Bitcoin before the breakout above the 2017 high and bitcoin after the breakout of that 2017 high.
In this video: BITCOMP Also: UUP
Watch
Sentiment Remains Fragile, And The Euro And Sterling Can Barely Sustain Even Modest Upticks
Article By: Marc Chandler
Friday, May 13, 2022 6:44 AM EDT
Equities are recovering from dramatic losses. Today, the Nikkei, Hang Seng, and Kospi surged by more than 2%. The large markets in the region advanced except India.
In this article: WEAT, FXE, FXA, FXB, FXC, FXY, GLD, JJC (RETIRED), UGA, UNG, UUP
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British Pound (GBP) Forecast: Brexit Protocols And Weak Growth, A Prelude To Next Week’s UK Data
Article By: DailyFX
Friday, May 13, 2022 6:38 AM EDT
GBP/USD looks to end the week off on a positive note. Key economic data scheduled next week – CPI, Jobs. IG client sentiment – Bullish.
In this article: FXB, UUP
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The Commodities Feed: Demand Downgrades
Article By: ING Economics
Friday, May 13, 2022 6:23 AM EDT
The oil market was choppy yesterday. ICE Brent traded in almost a US$4/bbl range, although settled almost unchanged on the day. We had a number of data releases, including the IEA’s and OPEC’s monthly oil market reports.
In this article: BNO, CORN, SOYB, WEAT, OIL, UCO, USO
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The Inflation-Yield Connection And Its Impact On Forex Markets
Article By: Orbex
Friday, May 13, 2022 6:08 AM EDT
This week we had a bit of a worrying sign in the markets that has gone largely unnoticed in the major financial news outlets. The yield on the ten-year US Treasury blipped above 3.0% and came back down.
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Analytical Overview Of The Main Currency Pairs - Friday, May 13
Article By: JustMarkets
Friday, May 13, 2022 5:59 AM EDT
From the technical point of view, the trend on the EUR/USD currency pair on the hourly time frame is still bearish. The MACD indicator became negative, but the sellers' pressure increased.
In this article: FXE, FXB, FXC, FXY, UUP
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GBPUSD: An Expected Move Below The 1.216 Support Level
Article By: AAATrade
Friday, May 13, 2022 5:48 AM EDT
If it manages to hold on to the current level, then we could expect a move close to the 1.227 closest resistance level.
In this article: FXB, UUP
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A Different Kind Of 'Don't Fight The Fed'
Video By: LMAX Group
Friday, May 13, 2022 5:34 AM EDT
For many years, it was all about ‘don’t fight the Fed’ with respect to betting against additional monetary policy accommodation.
Watch
DXY Triple Zigzag Hints At Major Correction
Article By: Orbex
Friday, May 13, 2022 5:25 AM EDT
The structure of the DXY index hints at the development of a large triple zigzag w-x-y-x-z of the cycle degree.
In this article: UUP
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Gold Price Forecast: XAU/USD Breaks Lower, Will It Hold Before The Weekend Starts?
Article By: DailyFX
Friday, May 13, 2022 5:12 AM EDT
Gold prices weakened over the past 24 hours, extending a downtrend that has its beginnings in late February.
In this article: GLD
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