Economy News

The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.

The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.

About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.

Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market? 

Some progress in US debt ceiling talks is made, and the PMI data is out.

When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.

Considering current Treasury yield spreads, the chance of a recession is now nearly 99.3% - 100%. Read the full report to learn more!

It’s Wednesday, the froggy day for the whole internet. Here’s news that moves the market:

The Chinese economy is slowing down, while a risk that politicians will not be able to agree regarding the US national debt increases. Read the full statement to learn more!

Happy Monday, fellow traders! We are pleased to be back and share everything you need about the upcoming week!