Author: Admin
“Another option would be for me to purchase the condo myself and have him pay me rent.”
MON: BoC SCE (Apr), Chinese LPR (Apr), German PPI (Mar), Canadian Inflation (Mar), New Zealand NZIER Business Confidence (Q1), New Zealand Inflation (Q1) TUE: Eurogroup Foreign Affairs Council (Apr), UK Jobs (Feb), German/EZ ZEW Sentiment Index (Apr), US ADP Employment Change Weekly, US Retail Sales (Mar), US Pending Home Sales (Mar), Warsh Senate Hearing WED: CBRT Policy Announcement (Apr), Bank of Indonesia Policy Announcement (Apr), UK Inflation (Mar), South African Inflation (Mar), EZ Consumer Confidence (Apr) THU: South Korean GDP (Q1), Global Flash PMI (Apr), French Business Confidence (Apr), Mexican Inflation (Apr), Canadian PPI (Mar), US Jobless Claims (Apr/18) FRI:…
“They cashed the check 10 days after the wedding.”
USD/CHF finishes the week on a lower note, down 0.87% for the week and 0.27% in the day, as markets turn optimistic about a possible US-Iran deal over the weekend. In the meantime, the technical picture remains bearish, as the pair tumbled below key moving averages, hitting a five-week low at 0.7775.USD/CHF Price Forecast: Technical outlookThe daily chart shows the pair ended the day below the 50-day Simple Moving Average (SMA) at 0.7825—the last of a group of four that included the 20-, 100-, and 200-day SMAs —, opening the door for further downside. The Relative Strength Index (RSI) is…
“Felony charges are pending.”
The US Dollar Index (DXY) is losing momentum near 98.00 as safe-haven demand fades on the reopening news, but downside remains limited amid lingering geopolitical risks. Markets are experiencing fluctuations between relief and renewed caution as developments around the Strait of Hormuz continue to evolve. Earlier reports confirmed that this vital Oil chokepoint is “fully open and ready for full passage,” alleviating fears about prolonged supply disruptions. However, new developments are complicating the situation. Reports suggest that Iran may consider closing the Strait of Hormuz again if the United States maintains its naval blockade, warning that such an action would…
Former Treasury Secretary Henry Paulson on Thursday urged U.S. policymakers to prepare an emergency plan in case demand for Treasurys breaks down — warning that a crisis in the government bond market could trigger severe consequences across the economy.
USD/CAD remains subdued for the fifth consecutive day, trading around 1.3700 during the Asian hours on Friday. The pair inches lower as the commodity-linked Canadian Dollar (CAD) edges higher amid a slight increase in oil prices, given Canada’s status as the largest crude exporter to the United States (US).West Texas Intermediate (WTI) Oil price holds gains near $90.00 per barrel at the time of writing. Crude oil prices receive support from supply concerns, which could be attributed to the market caution surrounding the United States (US)-Iran ceasefire talks.CNN reported on Friday that the Lebanese army said that it recorded multiple…
Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room to cut interest rates.Bessent added, though, that he understands if central bank policymakers take a cautious approach until impacts from the Iran war become clearer.”I am highly confident that the core inflation … which is quite under control and actually dropping in many categories, will continue to go down,” he told reporters at the Semafor World Economy Conference in Washington, D.C. “I believe rates should be cut,” he added, “but that if they want to wait for some clarity, I…
Danske Research Team notes that Oil prices held around USD 95 per barrel as markets focused on prospects for a ceasefire between the US and Iran and a potential reopening of the Strait of Hormuz. The bank highlights that expectations for normalisation of supply are supporting a stable Oil price rather than driving fresh gains.Prices stable on supply normalisation hopes”Oil kept steady yesterday at around USD 95/bbl as markets continued its optimism that the resumption of talks between the US and Iran will lead to an eventual reopening of the strait and normalisation of the supply situation.””That is despite enforcing…