Crude oil Technical analysis Oil prices fell sharply Tuesday and yesterday as US Secretary of State Mike Pompeo claimed that Iran was ready to come to the negotiating table over the nuclear deal Crude Oil Inventories Monthly Report IEA stated that the oil market showed a global surplus in the second quarter this year versus previous expectations for a deficit.…
Palladium Analysis Palladium is a component that is related to industrial output and economic output for many industries: Automotive, Technology, Medical Devices and Equipment, and many others. if palladium price will decrease, it would likely result in a decreasing or weakening global economic outlook and, potentially, be an early warning sign, that the global stock markets are about to enter…
Stock markets analysis New records on the screens This time all three indices are in parallel After breaking records Happy Independence Day for the United States 🙂 In April I wrote about the way of the indices and this time it does happen because the Dow Jones did not do it the previous times also joined this time and rose…
Turkish lira analysis In the past two weeks, good news has flowed into the Turkish lira Turkish lira soared nearly 2.8 percent Monday to its strongest level since April after President Tayyip Erdoğan said he heard from U.S. President Donald Trump there would be no sanctions over Turkey’s purchase of Russian S-400 defense systems Turkey’s exports hit a record $88.2…