Hello everyone! Today i want to share some trading strategies with u!1. $Gold - main 2406(GCmain)$ Outlook for this week Monday (May 6): international gold opening first narrow pressure running, the dollar index by last Friday's more obvious bottoming out of the power to stop the performance of its gold prices to cause some pressure. Overall, the dollar index daily chart is still in the middle of the rail and short-term averages below, with chart indicators to maintain the short signal, short-term trend of the short side is still dominant, the weekly chart stops at the 10-week average, while the middle rail line is also the support position of the uptrend in recent months, so in the middle of the rail line is not broken, the dollar index is al

Public Holidays There are no holidays in Singapore, Hong Kong, China and America for the coming week. Economic Calendar (06 May 2024) Notable Highlights The 10-year note auction and 30-year bond auction are references needed for the servicing of the US Federal deficit. Should there be insufficient take-up of these assets, the US government would need to turn to money printing that is inflationary. This would also add to the burden of debt. Initial jobless claims will also be a key macro data that the Federal Reserve will look into as they ponder the next interest rate decision Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, demand erosion can lead to reduced production &

Hello everyone! Today I want to share some macro analysis with you! Hope it can help you!1.Intraday will focus on the U.S. first-quarter labor cost index quarterly rate, the U.S. February FHFA house price index monthly rate, the U.S. February S&P/CS20 big city house price index annual rate, the U.S. April Chamber of Commerce Consumer Confidence Index and other data, the market is expected to be better than the previous value of the overall, and will cause a marked suppression of the price of gold, and vice versa, will also go to the pressure of the shock, and thus the gold price today lower probability of closing down. $Cboe Volatility Index(VIX)$ $Gold - main 2406(GCmain)$ 2.

My Investing Muse (29Apr24) Layoff & closure news Some are laid off to trim the excess. Some are laid off to reduce costs. Some are laid off due to innovations and improvements. Some are laid off due to falling demand. The last one would be of most concern for the economy. Theft and organized crime were the reasons why Target in October 2023 closed nine stores in four states. Walgreens in early 2022 and 2021 closed seven stores in San Francisco because of crime. Walmart in 2023 closed 24 stores in 14 states. - The Street Layoffs under Swiss banking giant UBS's cost-cutting programme announced after its takeover of Credit Suisse will take place in five waves this year starting in June, the newspaper SonntagsZeitung reported on Sunday. - Reuters A recent string of mass layoffs acros

Hello eveSuper data week is coming! This week's important events and data preview: the Fed debut, NFP 1. Monday: ① data: the euro zone in April industrial sentiment index, consumer confidence index final value, economic sentiment index; Germany in April CPI preliminary monthly rate; U.S. April Dallas Fed business activity index. ② Events: domestic refined oil will open a new round of price adjustment window. ③ Japan's Tokyo Stock Exchange closed. 2. Tuesday: ① Data: Japan's March unemployment rate; China's April official manufacturing PMI; China's April Caixin manufacturing PMI; France's preliminary annual GDP rate in the first quarter; France's monthly CPI rate in April; Switzerland's April KOF economic leading indicators; Germany's April quarterly unemployment, unemployment rate; Germany

My Investing Muse (22Apr24) Layoffs & Closure news Walgreens Boots Alliance is laying off another round of workers, marking the fourth time the struggling retailer has had to do corporate personnel cuts within a year. - Supermarket News Tesla is planning to lay off 300 temporary workers at its German plant near Berlin as part of plans to cut global staff, Business Insider reported on Wednesday, citing people familiar with the matter. - Reuters Citibank laid off 2,000 employees after a reorganization. Headcount at Bank of America, Wells Fargo, and PNC Financial, declined by about 2,000 jobs combined in the three months ended March 31. - Reuters Morgan Stanley Is Planning Biggest China Job Cuts in Years. About 50 investment bankers in APAC ex-Japan may lose jobs. China, HK bankers accou

Public Holidays There are no holidays in America for the coming week. Singapore and Hong Kong celebrate Labor Day on 1st May 2024. China celebrates Labor Day from 1st to 3rd May 2024. Economic Calendar (29 Apr 2024) Notable Highlights China will review its manufacturing PMI in the coming week. This will be a good indicator of the growth of its manufacturing sector. US will be releasing its Chicago PMI data. This will be an important indicator of how the Chicago market is growing or shrinking. CB consumer confidence data will also be released in the coming week. The forecast stands at 104.5 which indicates growing confidence. The US will share its ADP non-farm employment change in the coming week. This is good data coming to employment and one that the Feder

My Investing Muse (15Apr24) Layoffs & Closure news ConvergeOne blamed rising interest rates and a downgraded credit rating as reasons for its recent financial struggles. The company has $1.8 billion in debt, and it reported $1.525 billion in revenue for 2023. - Reuters A popular West Coast pizza chain Mod Pizza shuttered five of its California locations shortly before the state enacted its new minimum wage law this month that raises fast-food workers’ pay from $16 an hour to $20. - NYPost More layoffs hit logistics which is the blood of the economy. over 1300 layoffs hit logistics companies across US - FreightWaves The Associated Press (AP) reported last week that 614 Apple employees were notified in late March that they would be laid off effective May 27. - HCAMAG The job elimination