The week kicked off with another bull run in Chinese stocks on further stimulus news. This time, three major cities announced to ease homebuying rules to prop up their housing market. The Chinese Communications Constructions surged another 7% following a stellar week, the CSI 300 added another 6% and is up by 25% since the […]
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According to Reuters, it was announced on Friday that Shigeru Ishiba, known for his tough stance on interest rates, will become Japan’s next Prime Minister. This news caused a sharp intraday reversal in the USD/JPY Read more…
USDCHF traders brace for action — key data on the horizon! The USDCHF pair, commonly referred to as the “Swissie,” represents the exchange rate between the US dollar and the Swiss franc. The US dollar Read more…
Gold is trading sideways today, but close to recent highs Volatility drops as a key US data week starts Momentum indicators are less bullish at this juncture Gold is trading sideways today, a tad below Read more…