Stagflation to Push Gold Through $US2,200 Later in 2022
Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving ... Read More The...
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Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving ... Read More The...
A number of key earnings will be released this week. Fed speak and US unemployment will be the focused as well
MacroBusiness Access Subscriber Only Content I love Bear Traps Report as a contrarian signal. Just do the opposite on commodities: Complacency is off the charts. Per a BofA survey released Friday,nearly 72% of investors believe inflation is transitory–a decade of conditioning will do the trick every time. This is a startling statistic and the oxygen behind the recent growth-tech sector revival in U.S. equities. Our “Cobra Effect” thesis laid out last Summer 2020 is about 50% played out while the chef is in the kitchen putting the finishing touches on the main course. Next, the plates, c...
US Dollar Outlook: USD/SGD, USD/THB, USD/PHP, USD/IDR May Fall on Dovish Fed Speak 2021-05-10 03:00:00 Daniel Dubrovsky, Strategist US Dollar, Singapore Dollar, Thai Baht, Indonesian Rupiah, Philippine Peso, Indian Rupee, ASEAN, Fundamental Analysis – Talking Points US Dollar sinks against ASEAN currencies as jobs report miss bolsters sentiment Fed speak eyed, dovish talks could undermine an unexpectedly strong CPI print Philippine Central Bank, Indian and Chinese inflation data are also in focus US Dollar ASEAN Weekly Recap The haven-oriented US Dollar largely underperformed its ASEAN cou...
1/11/2021 4:49:01 AM GMT Attention slowly shifting from US politics What an extraordinary start to the year. While next week should be much quieter, it won’t be without action. US politics is unlikely to go quiet with talk continuing of possible impeachment proceedings against President Trump, Covid is wreaking havoc once again and earnings season gets underway on Friday. Country US The US is supposed to be entering the peak of the holiday COVID surge, but it could get much worse now that more states have found the highly contagious UK virus variant. ICU space is tightening across many st...