Who would want to adopt Yuan? One of the most corrupt, manipulated currencies in the world with an economy that came out of the pandemic and failed to have substantial growth, with a ponzi housing market thats about to crash... insanity.

Move to boost Yuan globalization

This market hasn't been making any sense for the last month to be fair, stocks all time highs, everyone is feeling euphoric even though we have technical recession in +10 countries, rampant inflation, demand destruction etc. There has been alot of ...

Sterling on track for biggest weekly rise since December

Please learn to read, not once I mentioned US in making my point. However, looking at data, at the moment US is in better shape than EU, from inflation, GDP and overall growth point of view.. for now. Gold is where I will be heading once it falls to ...

Monetary policy decisions

Economic growth slow down, more persistent inflation, Germany and France both in recession... That's literally a how to make stagflation recipe if I ever seen one. Very poor for the Euro, and the fact that they are willing to run PEPP until end of ...

Monetary policy decisions

Insane, 2 more hikes terminal rate of 5.6%, that's super hawkish, did not expect that at all.

Federal Reserve issues FOMC statement

Really interesting to see how the market will react to the FED pause, 15 minutes of pure SL hunting and manipulation in place, buy the rumour sell the news may be the play here.

Producer Price Index - May 2023

So the core inflation number is still 5.3% which is way too high, there is a good chance FED will hike once more given what's happening, that's why we can see the market reacting the way it is. Still not good enough and still nowhere near the 2% ...

Consumer Price Index- May 2023

Markets can stay irrational more than you can stay solvent as a trader. This is typical manipulation city, Data down CAD up. They are flushing out longs as we speak

Labour Force Survey, May 2023

Read between the lines.

China Asks Big Banks to Cut Deposit Rates Again to Boost Economy

You know China is struggling if they are asking the West to help them get out of a financial mess and debt. So much for a economic powerhouse.

China Asks Big Banks to Cut Deposit Rates Again to Boost Economy

BOJ is putting a hard stop in front of that 141 it seems, should that break, the pair will go into a parabolic rally, I strongly believe there are millions of dollars worth of puts in front of that number.

Japan's Kanda: It is important for currencies to move stably reflecting economic fundamentals

The deal was definitely priced in so the initial reaction on Monday will be the wrong one after 1h closes we might get a true market direction.

President Biden and Speaker McCarthy reach a tentative deal to raise the debt ceiling;...

Completely agree we haven't seen inflation properly start falling down yet, I do wonder what FED will do next, I think a hike is coming our way.

Personal Income and Outlays, April 2023

Personal spending up, that's crazy... definitely has to be from credit cards surely, that's bad news for the FED as that will shoot the inflation bar up. Will be interesting to see next month's data because of it.

Personal Income and Outlays, April 2023

Chinese trying to downplay Dollar strength, not sure what's more comical the news report or the actual 'skit'

The US Dollar rally is over, Lombard Odier Says

According to the CEPR and other private agencies, Brexit increased UK CPI inflation by 1.7 percentage points in the year following the referendum. This follows my calculation very closely of around 1.3 percentage points, with each consecutive year ...

Consumer price inflation, UK: April 2023

Is this truly the time to buy dips on Gold? World war III incoming, maybe not a nuclear one but a technological/economic... China banning Micron from key infrastructure projects, Russia cutting off from the West, and De-Globalisation is truly ...

Xi Wants to Take Cooperation with Russia to Higher Level: CCTV

Because Brexit has a big part to play in all of this, I am clearly not insulting your intelligence but merely having a discussion with the arguments and points you present, although I do not agree with everything that you have said, I completely ...

Consumer price inflation, UK: April 2023

Interest rates isn't the only tool they can use to reduce inflation... less government spending, less government lending etc. There are so many damn tools to control and reduce inflation yet everyone rolls back to interest rates as it is the nuclear ...

Consumer price inflation, UK: April 2023

Bailey is definitely incompetent as he cannot see that the inflation in the UK is going to become entrenched due to poor deals with the EU, Brexit and importing energy/food from other countries. He can keep raising rates all he wants, but it won't ...

Consumer price inflation, UK: April 2023