Dow Bulls Have Another Chance, Dollar Needs a New Foothold to Keep Climbing
Dow Jones Industrial Average, Meme Stocks, VIX, Dollar, Fed Funds Rates and USDJPY Talking Points: The Market Perspective: EURUSD Bearish Below 108, Dow Range Between 34,200 and 33,200 Fed Chairman Powell’s remarks were closely watched by the market, but market rate forecasts had already closed the gap to the central bank forecast before he spoke […]
JP Morgan sees a lower chance of a US recession
In October last year JPM analysts concluded a recession was basically a done deal. They have now dialled that well back, saying the chance of a recession has fallen sharply. A soft landing is now the most likely scenario. JPMorgan’s trading model shows that seven of nine asset classes now show less than a 50% […]
Last Chance to Register for iFX EXPO Dubai 2023
The Premier Event for Business Networking and Collaboration in the Financial and Fintech Space iFX EXPO Dubai 2023 is rapidly approaching, and it is expected to be the largest iFX EXPO ever held in the Middle East and North Africa (MENA) region. Between January 16-18, the event will bring together top professionals in the financial […]