A clear explanation of daily buying and selling points. This is a summary of the author’s own market views, and final decisions regarding actual investments and trading should be made at your own discretion.
Updated daily
Last weekend’s U.S. employment data showed stronger-than-expected results, leading to a rise in long-term U.S. interest rates. As a result, gold prices initially dropped. However, later, the Dow Jones Industrial …
Last year, the Bank of Canada (BOC) was one of the first in developed countries to lower interest rates. They cut rates five times, reducing them from 5% to 3.25%, …
At the Bank of Japan’s branch managers’ meeting yesterday, it was pointed out that many people want stable exchange rates. There were also aggressive comments, such as large companies planning …
Yesterday, the NY stock market was closed due to the state funeral of former President Carter. The bond market had shortened trading hours, during which U.S. long-term interest rates fell. …
Australia’s November CPI (Consumer Price Index) was 2.3%, higher than the expected 2.2%, but this led to selling of the Australian dollar. Selling pressure increased because the central bank’s trimmed …
The USD/JPY exchange rate has been slowly testing higher levels. Yesterday in the Tokyo market, USD/JPY reached the 158 yen range but faced resistance as Japan’s long-term interest rates rose …
Yesterday, during New York trading hours, the U.S. ADP Employment Report was released, showing weaker-than-expected results. This caused the U.S. dollar to weaken, leading to an increase in gold buying. …
Yesterday, the Eurozone HICP inflation rate remained at 2.7%, as expected, unchanged from the previous month. However, France’s CPI was weaker than expected, keeping speculation about further ECB rate cuts …
In the Tokyo market, the Nikkei index rose sharply, leading to yen weakness (yen depreciation) and pushing the USD/JPY from 157.50 to 158.41. Later, Japan’s Finance Minister Kato made comments …
During the New York session yesterday, strong results were released for the U.S. JOLTs Job Openings and ISM Non-Manufacturing PMI. These reports were better than expected, causing U.S. long-term interest …
