The Entire World is Heavily Deep In Dept!!!
The world’s debt hit a jaw-dropping $315.1 trillion in early 2024, climbing $1.3 trillion in three months!
Debt now equals 333% of global GDP.
JPMorgan Chase & Co. will deliver gold bullion valued at more than $4 billion against futures contracts in New York in February, at a time when surging prices and the threat of import tariffs are fueling a worldwide dash to ship metal to the US.
A reflection of @realDonaldTrump 100% tariff imposition?
Stocks to Head Lower and be Range Bound Lower for 6 weeks. Until such a time countries are able to negotiate with USA 🇺🇸. But the big drop will come when the European 🇪🇺 Union is hit.
Economic Data outlook for the coming week👁️
Monday Trade day✅
Tuesday Trade day✅
Wednesday Trade day✅
Thursday avoid day before data release day❌
Friday NFP❌
Given that the Bonds remains weaker going into the new month. We anticipate to see hight prices on the Dollar and with NFP events coming up later this week, the Dollar remains the focus and lower prices on the Euro and Cable won't come as a surprise.
On the Monthly profile, Technically, the market reaction on dxy in January appears indecisive as we saw an equal range on both bullish and bearish direction bringing dxy back to the closing price of December '24 and opening price 0f Jan '25.