Tag - trade ideas

The World Economic Forum (WEF) scheduled for next week in Davos will address critical geopolitical issues, including talks to end conflicts in Gaza, Ukraine, and Africa. U.S. Secretary of State Antony Blinken, French President Emmanuel Macron, and key Middle East leaders are expected to attend. The economic challenges, such as shifting interest rate policies and rising debt...

Bitcoin halving occurs approximately every four years, reducing the rate at which new Bitcoin is created by half. The last three halvings happened in 2012, 2016, and 2020. The upcoming one is expected in April 2024. This mechanism is designed to control the supply of new Bitcoin, contributing to its scarcity and controlled issuance.

Just a few hours ago, Andrew Bailey, the governor of the BoE gave a speech regarding his testimony, along with Deputy Governor Sarah Breeden, on the Financial Stability Report before the Treasury Select Committee, in London. The speech reflects the commitment of the BoE to continue its projection towards the target inflation rate. Although the speech didn’t yield much market volatility at the time of writing, here are my trade ideas based on the price data.

This Monday, the SCB (Statistics Sweden) published its CPI data which came out 0.1% better than the forecast and 0.2% greater than the previous. This indicates a strengthening of the Swiss economy, and could be a trigger for a decline of other commodities traded against the CHF. Here are some of my trade ideas on that note.

Hey friends, as we prepare for the new month, and the new year, here are some of my anticipated trade ideas for January. Do note, however, that these are long-term views and would therefore require patience as they unfold.

The Bank of England (BoE) is facing criticism for being slow to respond to the marked decline in UK price growth. The latest official data revealed a significant drop in consumer price growth to 3.9% in November, down from 6.7% in September. This unexpected decrease has prompted market reactions, with...

The COVID-19 pandemic led to a substantial labor force transformation in the U.S., marked by 'The Great Reshuffle.' Over 50 million workers resigned in 2022, continuing the trend from 2021, but by August 2023, resignations tapered to 30.5 million. This reshuffling trend indicates a quest for better work-life balance, higher compensation, and a robust company culture.

The Canadian dollar remained near its four-month high against the U.S. dollar, trading at 1.3390, supported by increased oil prices and anticipation of interest rate cuts in 2024. The loonie had touched its strongest level since August 4 at 1.3347 following the Federal Reserve's signal of potential interest rate cuts next year.

Gold prices (XAU/USD) continued their upward trajectory on Thursday, bolstered by dovish guidance from the Federal Reserve (Fed). The precious metal's fundamentals are gaining strong support, suggesting a potential for sustained gains in the long term.

The U.S. dollar, as gauged by the DXY index, experienced a significant drop of nearly 0.9% yesterday. This decline was driven by a substantial fall in U.S. Treasury rates following the Federal Reserve's unexpected dovish guidance. The Fed's departure from the...

As the US Non-Farm Payrolls (NFP) take center stage, this month's data gains special attention, particularly after the unemployment rate took a concerning turn in the previous month. The US ADP Employment Change reveals a significant decline, with the economy adding 298K new jobs...

Gold price (XAU/USD) experienced a notable turnaround, gaining fresh bids after a $125 pullback from its recent peak. Federal Reserve Chair Jerome Powell's recent speech suggested a reluctance towards aggressive rate cuts, dampening speculations of immediate policy easing. Market sentiment leans towards the belief that the Fed has concluded its tightening cycle, with a growing...