The OECD released its interim Economic Outlook report on Wednesday, providing us with an updated look at the coronavirus pandemic’s effect on the world economy. Striking a slightly more positive tone than the previous edition published in June, the rep…
The OECD released its latest Economic Outlook today, revealing the projected impact the Covid-19 pandemic will have on global GDP in 2020. Gross domestic product is currently expected to be down by 4.5 percent on last year.Adding further context, the O…
The breakout extended for a bit but now coming back to earth. Is this prep for relaunch, or will the rocket crash back to the pad?
But it faces a lot of overhead from 3419-23. Hourly indicators uptick from high levels, normally a bullish sign that usually leads to trending mode of indefinite duration.
For a couple of years there, the oil patch was the heaviest contributor to the idea, at least, that the US economy had been booming. It never really boomed, of course, but on the industrial side investment and production throughout offshore and shale really were boosted and all predicated on the idea that Jay Powell’s […]
One day short of one year ago, on September 16, 2019, China’s National Bureau of Statistics (NBS) reported its updated monthly estimates for the Big 3 accounts. Industrial Production (IP) is a closely-watched indicator as it is relatively decent proxy for the entire goods economy around the world. Retail Sales in the post-Euro$ #2 context […]
Term and Type: 19-Year 11-Month Bond
High Yield: 1.213%
The latest employment statistics from the Office for National Statistics published today reveal the sharpest increase in redundancies in the country since 2009. The figure of 156 thousand represents an increase of 58 thousand year-over-year and one of …
The setups have strengthened. Subscribers, click here to download report. Try Lee Adler’s Gold Trader risk free for 90 days!
Many developing nations in the East Asia/Pacific region will take a major hit economically due to the coronavirus outbreak, but some are also expected to finish off 2020 escaping negative GDP growth. According to a report by the Asian Development Bank …
At 5:30 AM in New York, the ES has turned up, broken out, and reached resistance.