Today’s Trading Outlook
Brazilian central bank rate decision
Japan Q3 GDP Revised Value
U.S. unemployment benefits data last week
U.S. bond curve inversion worsens, female stock goddess warns: Fed is making serious mistakes
Cathie Wood, who has the title of “Goddess of Stocks” and is in charge of Ark Investment Management Company, warned on Wednesday (7th) that the Fed is making a serious mistake by ignoring this key recession indicator of the bond market.Read more…
Putin warns of Russia’s battlefield defeat: the risk of nuclear war is rising
Russian President Vladimir Putin warned on Wednesday (7th) that the risk of a global nuclear war is rising, reiterating that Russia will use all means at its disposal to defend Russia and its allies if necessary.Read more…
The Bank of Canada announced a 2-yard rate hike, suggesting that the tightening cycle is drawing to a close
The Bank of Canada (Bank of Canada) announced on Wednesday (7th) that it would raise interest rates by 2 yards (50 basis points) to 4.25%, which is close to the highest level in 15 years.Read more…