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February 24 marks the 1-year anniversary of the Russian invasion of Ukraine Russian oil exports remain nearly unchanged from a year ago Higher reliance on Saudi Arabia and Iraq from the West will...
Driven by a decrease in employment, the ABS has revealed a lift in the unemployment rate to 3.7% in January.The uptick in unemployment to start the new year was driven by employment decreasing by...
The latest US retail sales print came in a little hotter than expected on the back of an equally hotter than expected inflation print, sending US stocks higher and the USD up on further Fed rate rise...
The retail sector has outperformed the broader market by a wide margin thus far in 2023. Despite the gloomy macroeconomic outlook, I remain positive on several retailers. As such, I recommend buying...
Despite coming in below the previous reading, U.S. inflation data was slightly above expectations The initial market reaction was a mixed bag However, it is likely that inflation could fall sharply...
Premium coffee bean arabica up 20% over five weeks, going from $1.52/lb to $1.84 Rally comes as near-term weather in Brazil plays mind games with trade Notwithstanding the short-term outlook, a...
Yes, you read that right. Clearly, markets were positioned for the hot CPI. DXY fell: AUD popped:Oil and gold fell:Base metals did nothing:Miners (ASX:RIO) lifted:Not EM (NYSE:EEM):Nor junk...
One day after the S&P 500 had topped at $4195 on February 2 (see here), our primary expectation based on the Elliott Wave Principle (EWP) was a focus on: “the $4100 region for a smaller 4th...