NattyNathaniel53
He liked
The problem is not deflation, it's attempts to prevent it
Let's investigate the Fed's effort to prevent price deflation.
Here's a Tweet that caught my eye.
"Problem with deflation is- Why buy anything if you know it will be cheaper in the future.," responded one person.
Let's investigate that question starting with a look at the CPI basket.
CPI Percenta
He liked
European Economics Preview: Germany Factory Orders Data Due
Factory orders from Germany and final composite Purchasing Managers' survey from euro area are due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is set to release Germany's factory orders for March. Economists forecast orders to fall 10 percent on month
He liked
Oil Price Forecast: WTI snaps five-day rise to revisit $24.00, EIA data eyed
WTI declines from multi-day high amid the latest risk-off.
A slump in global activity numbers jostles with hopes of the economic restart.
API registered another oil inventory build, EIA figures awaited.
WTI June Futures on NYMEX drop to $24.20, intraday low of $24.05, down -1.60% on a day, amid the
He liked
NZD/USD analysis: Two scenarios likely
NZD/USD
The New Zealand Dollar surged by 40 pips or 0.67% against the US Dollar on Monday. The currency pair breached the 50– and 200– hour SMAs during the first part of Tuesday's trading session.
Currently, the exchange rate is testing a resistance level formed by the weekly pivot point at 0.6074.
He liked
Cboe Reports Weak Trading Volumes Across All Business Lines
Photo: Bloomberg
Cboe Global Markets, Inc. (Cboe: CBOE | NASDAQ: CBOE) has reported weak trading volumes in April 2020, which hit all business segments that enjoyed record levels of activity in March when the volatility provided pockets of opportunity.
During April 2020, Cboe disclosed a total tr
-THE END-