German ZEW January data underpins Euro sentiment as energy crisis risks abate
Incoming data on the German economy continues to install confidence to Euro longs. After PMI and ZEW, the positive series was updated by the Ifo report, which indicated an improvement in the prospects for the German economy. In January, the index was 90.2 against 88.6 in December and returned to the levels of mid-2022:While the […]
If “the energy crisis is over .. & European recession risks melt away” EUR can head to 1.2
Société Généralehas reiterated that its end of year forecast for EUR/USD in 2023 is 1.12. But, say analysts at Soc Gen, they are aware that the currency is increasing considerably more quickly than we had anticipated. And that therefore they’d need to increase the projection to approximately 1.20 if the energy crisis is over. This […]
Why This Debt-Ceiling Fight Is Different by Jeffrey Frankel
As Washington gears up for yet another political showdown over raising the federal debt limit, congressional Republicans are clearly hellbent on letting the US government default on its obligations. Unfortunately, allowing the GOP to drive the US economy off a cliff may be President Joe Biden’s best option right now. CAMBRIDGE – The United States […]
My Thoughts On Recent Market Volatility & The Coronavirus Crisis » Learn To Trade The Market
Dear Students & Readers, Given the amount of inquiry I am receiving from our readers and students regarding the Coronavirus and the recent market volatility, I feel compelled to share my views on the situation, from a trading and investing perspective as well as a personal perspective. I have produced this article in a question […]