Buranku

Buranku

Banking problems and how its affecting us now: Right now we are starting to see the Problems caused by the Banks with the fact that their executives have been making mistakes and contributing for the poor management and bad use of their banking regulations. We have seen that First Republic’s filings showed the lender was offering joke of a deal,...

Buranku

Next week we have FOMC on Tuesday, be careful cause it might make Monday harder with more consolidation or movements against data. Me personally I will skip Monday. On Wednesday we will have CPI and Core CPI. Thursday we will have PPI and initial jobless claims and continuing jobless claims. On Friday we will have Import and export price index and CFTC. In...

Buranku

Today is Unemployment Rate and NFP. If Unemployment Rate comes higher gold should go up cause its a deflationary data but if it will come lower means gold goes down since its inflationary, this is show in the circular flow of money model. The NFP is a monthly report released by the Bureau of Labor Statistics that provides a overview of the number of jobs added or...

Buranku

Today is Unemployment Rate and NFP. If Unemployment Rate comes higher gold should go up cause its a deflationary data but if it will come lower means gold goes down since its deflationary, this is show in the circular flow of money model. The NFP is a monthly report released by the Bureau of Labor Statistics that provides a overview of the number of jobs added or...

Buranku

Financial Times important parts collected till now: US stocks slip after Fed chair dims hopes for interest rate cuts US stocks closed lower on Wednesday, falling after Federal Reserve chair Jay Powell cautioned that the central bank might not begin cutting interest rates soon. The Fed on Wednesday raised its benchmark interest rate by a quarter of a percentage...

Buranku

Today we have Exports and Imports which shows if a country is having a good or bad economy, Also we will have Jobless claims witch if the number comes higher means its deflationary which leads us to have a buy on gold but if its lower its inflationary so we should sell gold. This can be shown by the circular flow of money model. The "possibly" last 25 basic...

Buranku

2023 has already been the biggest year for bank failures by assets in US history, and the year is not over. A recession hasn’t even started yet. The rest of the year = the beginning of next year could be pretty bearish for the markets The labor market is still tight, but hiring is cooling quickly and job losses are going up. The yield curve has been flashing...

Buranku

Yesterday: JOLTs job opening its labor market data is lower which is deflationary, which means FED can’t increase interest rates but for this one for today we should be expecting 25 basic points. Today there is FED and FOMC, be careful with the market since it tends to behave weird and consolidate before data. Also non manufacturings are coming so pay attention...

Buranku

We have mixed data coming in still, which is is unfortunate and its making the market unstable and harder, this was presented with the sideway market. From yesterday May 1: Better than expected Manufacturing PMI data increasing demand for USD and optimism despite the banking fears, backing further rate hikes for FOMC this week. Im waiting for the interest rate...

Buranku

Today is PCE, if data comes out lower gold should go up and if it comes higher should go down cause its inflationary. Also we are entering stagflation so be careful with gold. Thats all for the week and have a nice weekend

Buranku

Today is GDP that means consumer spending; which is the primary driver for GDP for the US economy by 68% being consumption of the population. A low amount its deflationary which should raise the value of gold but a higher number its inflationary which should drop gold. On the picture of my chart is my expectation but all in all should be moved due to data....

Buranku

Stock market fell today due to the high inflation and we did the sells today