Bonds Bleed as Rate Hike expectations Soar

As the pace of vaccinations remains slow in the EU but continues to rise in the US and the UK, traders are pricing in the end of the pandemic this year, and that most of the world’s economies will reopen to full capacity. That is pushing inflation expectations higher and higher, along with other things. Read More

Is the Gold Bull Market Over?

To answer that question, it’s looking it is. According to the Bank of America (BoA), there are three main reasons for the decreasing value of gold: the weakening of physical demand, a lackluster jewelry market, and a lack of investor interest. The central banks’ demand decreased by nearly 60 percent in 2020, according to theRead More

Greenback Unstable Ahead of the FOMC meeting

The USD continues to increase, although the momentum seems to be waning as market participants are in a wait-and-see regime ahead of the Federal Reserve’s (Fed) next meeting.  On Wednesday, the critical Federal Open Market Committee (FOMC) meeting will conclude, and since Jerome Powell failed to deliver a dovish turnaround at his last speech, investorsRead More

Is Oil Heading to 80 USD?

The big oil rally seems to be far from over, and the WTI (West Texas Intermediate) benchmark rose above 67.50 USD on Monday for the first time since October 2018. Offshore oil and gas development is set to recover from the shock that prices and demand went through due to the pandemic. It’s also setRead More

USD Remains Low Despite Spiking US Yields

Over the previous days and weeks, we’ve seen some severe “spikes” in longer-term US yields, while short-term yields remain depressed near record lows. The yield curve has steepened notably, which has always been a bearish sign for the overall economy and financial markets.  The US 30-year yield rose back to a 2-handle, above 2%, the highestRead More

Forex Brokers Unprofitability – February 2021

As the year 2020 has come to end, a lot of Forex brokers have updated their traders’ unprofitability numbers as required by the ESMA regulations. Even though these numbers have to be updated by Forex/ CFD brokers on a quarterly basis, not all regulated European brokers do that regularly. However, the vast majority of brokers already refreshed their risk warning, so we can finally check the updates.  We suppose the percentage displayed by brokers includes the number of all losing accounts divided by the number of allRead More