It was an intense week across all the markets! We saw decent movements of major pairs, gas, stock indices, and oil prices. What should we trade this week? Time to check!
Daily Market Analysis
On May 4, the US Federal Reserve revealed the federal funds rate for the next two months. Even though a 50 basis points hike was widely expected, the future is not so clear. Let’s figure it out bit by bit!
Yes, oil prices are burning right now, and inflation is getting hotter along with it worldwide. However, the oil's bullish momentum is under threat.
There is a period every stock trader loves the most due to significant movements, increased volatility, and, possibly, big gains. Open your trading apps and be ready to act! Earnings season comes four times a year and we crave to share our expectations with you.
Whenever inflation exceeds 4% and unemployment falls below 5%, the US economy enters a recession in two years.
It seems like the current period isn’t that great for Netflix…
Economists say that the Bank of England won’t raise interest rates after May as the UK economy looks set to contract in the second quarter…
Dovish ECB and hawkish Fed paint a bearish outlook for the EUR/USD. Is declining to 1.0770 the next stop?
Every investor knows that the best time to buy is now.
US markets rallied late on Thursday, helping to restore risk sentiment in early trading today…
Last week, EURUSD broke below a significant support level, the gas price retested its October high, and the oil prices managed to correct lower on the bearish signs of more oil supplies coming into the market.
The move by the US and its Western allies to freeze most of Russia's foreign exchange reserves has raised fears that the US dollar is being used as a weapon. That could wreck the greenback's dominance.