The founder of the bankrupt cryptocurrency exchange was arrested on December 12 in the Bahamas, at the request of US authorities. The machinery of government kicks into gear. After opting for silence since the bankruptcy Read more…
The FTSE Nareit All Equity REIT index has slid 23% this year amid surging interest rates and economic sluggishness. Soaring interest rates and the weakening economy have crushed real estate investment trusts in 2022, with Read more…
CADJPY reversed from round support level 100.00 Likely to rise to resistance level 101.60 CADJPY recently reversed up once again from the round support level 100.00, intersecting with the 50% Fibonacci correction of the upward Read more…
Until November 8 morning, Sam Bankman-Fried, the founder of the cryptocurrency exchange sat on top of the crypto world. What a coincidence! On December 11, 2008, almost fourteen years to the day, conman Bernie Madoff Read more…
USDJPY is coming nicely higher as expected, it already spiked over the above137.89 level so wave (C) is in play. Wave C acts like an impulse so be aware of more upside until you can Read more…
The entire commodities spectrum rallied in the first half of 2022 as the war in Ukraine sparked major supply concerns for energy and agricultural commodities. But heading into 2023, it is demand concerns that have Read more…
Usually, we have all the key data points ahead of an FOMC decision to make a better evaluation of what could happen. But this time, the most important data for the Fed will be released Read more…
Germany ZEW Economic Sentiment rose from -36.7 to -23.3 in December, above expectation of -26.3. Current Situation Index rose from -64.5 to -61.4, below expectation of -57.0. Eurozone ZEW Economic Sentiment rose from-38.7 to -23.6, Read more…
GBP/USD rises post jobs data & ahead of US inflation figures GBP/USD is heading higher towards 1.23 following the UK jobs data. While unemployment ticked higher to 3.7%, up from 3.6%, UK wage growth excluding Read more…
GBPUSD has been attempting a strong rebound after finding its feet at the all-time low of 1.0324 in late September. Even though the pair managed to cross above the crucial 200-day simple moving average (SMA), its Read more…