Rate expectations remain elevated among consumers – Wells Fargo

Share: The University of Michigan’s Consumer Confidence data for August offered little change. Analysts at Wells Fargo point out that consumers anticipate prices to decline overall, despite their expectations of rising interest rates. Key quotes:  “Consumers are becoming more convinced that inflation is cooling. Whether or not they fully understand the Federal Reserve’s

Chia July M2 money supply +10.7% vs +11.0% y/y expected

Prior +11.3% New yuan loans ¥345.9 billion vs ¥800.0 billion expected Prior ¥3.05 trillion The slowdown in broad money growth in China continues with new yuan loans also dipping after the huge surge at the end of Q2. Beijing has a tough task in trying to balance out tighter credit conditions, providing more stimulus while

US Dollar, Gold, Crude Oil, Nasdaq 100, RBNZ, FOMC Minutes, CPI

Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar outperformed its major counterparts this past week, with the DXY Dollar Index gaining over 0.8 percent. In fact, the DXY just wrapped up its 4th consecutive weekly gain. The last time the same winning streak occurred was back in February. A 5th push

DRAWDOWN LIMITER ADVANCED – USER GUIDE – Other – 13 August 2023

If you we’re searching for the most powerful Drawdown Limiter to prevent you from breaking the rule of Max Daily Drawdown imposed by the various Prop Firm Companies, you are exactly in the right place. In this article we are going to seee how to properly set it up based on the Prop Firm you

USD/JPY seen at 145 on a 3-month perspective – Rabobank

Share: Analysts at Rabobank, see the USD/JPY pair at 145 on a 3-month view and then pulling back to 140 and 135 in 9 and 12 months, respectively, on the back of expectations of softer Federal Reserve policy. Key quotes:  “The messages contained within the BoJ’s July policy adjustment have not been easy

The light optimism begins to fade in equities once again

S&P 500 futures Things are starting to turn in the equities space now as the selling since the turn of the month continues to stay the course. The turnaround and late dip in Wall Street yesterday certainly did break a lot of the confidence after the US CPI report and we are seeing the nerves

MT4 & MT5 To Notion – Other – 13 August 2023

This program will allow you to export all of your trades from your MetaTrader account straight into Notion using a very friendly User Interface.  MT4 Version MT5 Version GETTING STARTED To use the program you first need to copy the Notion template into your Notion workspace. Please find the Notion Journal Template link below: Notion

Tough week for gold amid higher bond yields

As bond markets puked yesterday, it validated the drop in gold this week amid a firmer dollar as well. Gold may be up 0.3% today (at least for now) but is still down 1.3% on the week and set for its worst performance since mid-June. Looking at the chart: Gold (XAU/USD) daily chart The rally

High frequency trading algorithm – My Trading – 13 August 2023

Also be sure to test our forex indicators and robots at the link https://www.mql5.com/en/users/master-mql4/seller This article delves into the world of high-frequency trading (HFT) algorithms, exploring their mechanisms, impact on financial markets, and the ethical considerations surrounding their use. Through insightful quotes from notable individuals, we shed light on the complex dynamics of HFT and