World central banks, led by the largest dominant ones, are rapidly contracting their fiat-currency supplies like there is no tomorrow.
Covid 19 continuum's expected negative impact on growth is suffocating commodity demand. WTI is still trending lower.
Due to their unique financial properties and low interest rates, both of these currencies are frequently regarded as safe-haven currencies and funding currencies. CHF/JPY hit a low of 74.65 Yen during the 2008 financial crisis. With a new wave of global risk aversion, we are currently bearish.
Price is below baseline. Selling volume is above average. VPC crossed 0 into negative territory. ATR is trending up. China.
VPC is in positive territory Buying volume is above average ATR is still ascending
The same way Bitcoin and Ethereum are decentralizing the financial system DESO can decentralize social media. Bitcoin created a way to store transactions on a public ledger that no individual entity can monopolize, which has led to the disruption of the financial industry, and this technology can now be extended, for the first time, to run a social network...
The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including NZD). Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes NZD/JPY sensitive...
The price of AUD trades as a proxy to Chinese growth. AUD/USD: Retail trader data shows 55.17% of traders are net-long with the ratio of traders long to short at 1.23 to 1. The number of traders net-long is 1.85% lower than yesterday and 7.61% higher from last week, while the number of traders net-short is 3.98% higher than yesterday and 7.91% lower from last...
Japanese Finance Minister Shunichi Suzuki said on Tuesday the damage to the economy from a weakening yen at present is greater than the benefits accruing to it, making the most explicit warning yet against the currency's recent slump versus the dollar. His remarks came before his trip to Washington to attend a gathering of financial leaders from the Group of 20...
"Lower growth forecasts and slower Chinese growth at the end of the first quarter amid lockdowns appear to have driven the bulk of the move," said Craig Erlam, senior market analyst at OANDA. China’s top disease control official, said current vaccines offer low protection against the coronavirus. “Even with air and ocean ports open, the length of the shutdown...
One of the things people don’t think about a lot is the tremendous amount of wood used for concrete forms. Those have a very short lifespan, so they go through a lot of plywood for that. Shipping containers are all lined with plywood and that has a short lifespan. All that economic activity drives up demand for all sorts of wood products. As an example, pulp...
Total economic output is at a century low compared to money supply with no sign of slowing no matter the cause. The worries of a deflationary future will start to set in. Used a .com bars pattern to project my outlook.
Slower growth paired with your pick of leading indicators show signs of a global economy needing less aluminum. Supply isn’t in a notable shortfall and consumption isn’t strong enough to warrant such high prices.Commodity prices are likely to come under pressure as monetary policy is tightened around the world.
''Considering that gold was set-up for a pullback like a speed bump on the racetrack, with speculative and physical flows slowing, the ongoing pullback likely has more room to run.,'' analysts at TD Securities explained.