The most important economic data for this week are: Thursday: Australian Balance of trade at 12:30 AM GMT where the expectations are for an increase reaching A$7.5 Billion in trade surplus. This might not have a significant effect on the Aussie Dollar since the data are for the month of November and might already have…
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Some investors believe this is just the tip of the iceberg and predict government bonds will weaken even further. They may have a point, as both US and German government bond yields were pegged for significant quarterly increases but failed to live up to expectations. Poor performances dashed the hopes of fund managers who thought…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 4, 2018. Highlights include: Bond Yields Indicate Pending Recession: The 3-year and 5-year bond yields inverted for the first time in a decade. While not as strong of a recession indicator of the 2-year…
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