Content
All Posts > Content under
The Effects Of Trade Deficit On The Currency Market
Article By:
Yohay Elam
Read
Monday, November 1, 2021 8:03 AM EDT
You may have heard economists saying, “We need to get our trade deficit back on track.” They are not wrong, the effects of trade deficit can reach a nation’s overall economy and its currency.
USDCNH Triple Zigzag To Complete Cycle Wave X
Nonresidential Investment-GDP Is Low, But Higher Than Just Before The Pandemic
Article By:
Menzie Chinn
Read
Monday, November 1, 2021 7:25 AM EDT
In examining the Q3 data there are disappointments in residential investment. What is also worrying is the deceleration in real business fixed investment growth, and the decline in equipment investment.
10 Monster Market Predictions – The Week Of November 1, 2021 Edition
Article By:
Michael J. Kramer
Read
Monday, November 1, 2021 7:12 AM EDT
This past week was crazy, especially with what was happening in bond and the currency markets. Rates for the Australian 2-year rose by 50 bps, 50 bps, up to 60 bps! That is a multiple standard deviation move, something that should never happen.
OPEC+ Balks At Biden's Demands For More Oil Production
Article By:
Tyler Durden
Read
Monday, November 1, 2021 7:05 AM EDT
Speaking to reporters in Rome, a senior US official said that the U.S. is talking to other energy-consuming nations about how to press OPEC+ to boost output to address the current supply crunch.
Gold Prices Drop Before Key FOMC Meeting, ISM Data May Add Pressure
Article By:
Ilya Spivak
Read
Monday, November 1, 2021 6:55 AM EDT
Gold prices swooned as expected Friday as traders put the prior day’s soft third-quarter US GDP print in the context of accelerating inflation.
Forex Today: US Stocks Advance To New Record
Article By:
Daily Forex
Read
Monday, November 1, 2021 6:45 AM EDT
Last Friday saw the main US stock index, the S&P 500, close at an all-time high above 4600. In early futures trading today, the price has continued to advance higher. It is likely that the price will continue to rise over the coming days.
The Commodities Feed: Growing Pressure On OPEC+
Article By:
ING Economics
Read
Monday, November 1, 2021 6:12 AM EDT
Having settled lower last week for the first time since early September, ICE Brent continues to trade lower in early morning trading in Asia. Part of the weakness probably reflects the growing pressure on OPEC+ to increase output more aggressively.
In this article: BNO, SOYB, WEAT, GLD, JJC (RETIRED), JJU (RETIRED), OIL, UNG
BTC/USD Forecast: Bullish Flag Before Weekend
Article By:
Christopher Lewis
Read
Monday, November 1, 2021 6:05 AM EDT
I think this is a market that will offer plenty of opportunities if you are simply patient enough to find a little bit of a pullback.
In this article: BITCOMP
Bitcoin Holding Ground
Article By:
Simon Peters
Read
Monday, November 1, 2021 5:46 AM EDT
Bitcoin appears to be holding its ground after another week spent mostly to the north of $60,000. Having quickly retreated from its all-time high on October 21, it opened last week at $60,855 and closed slightly higher at $61,356.
Goldman Capitulates, Pulls Forward Date Of First Rate Hike By One Full Year To July 2022
Article By:
Tyler Durden
Read
Monday, November 1, 2021 5:32 AM EDT
Goldman believes that the FOMC will announce the start of tapering next week, presumably at the $15bn per month pace noted in the September minutes.
In this article: GS