*Disclaimer: All our blogs are resourced from another website, which Union Traders Society provided these only for reference purpose. Therefore, readers run the risk of taking something out of context.
Turkish President Erdogan expels 10 ambassadors, 7 of them NATO allies

Turkish President Erdogan expels 10 ambassadors, 7 of them NATO allies

One for the Turkish lira traders. Erdogan hasn’t stopped at sacking senior officials at the central bank. From earlier this month: Erdogan said ...
Read More
China’s State Council to implement a new property tax

China’s State Council to implement a new property tax

The new tax will be levied on residential and non-residential property, but not to rural residences.  An earlier pilot scheme was implemented in ...
Read More
Forexlive America’s FX news wrap: Feds Powell tilts his inflation fear

Forexlive America’s FX news wrap: Feds Powell tilts his inflation fear

Forex news for North American trading on October 22, 2021 Fed chair Powell speaking on a panel at a BIS conference, tilted his inflation fea...
Read More
S&P index snaps a seven day winning streak

S&P index snaps a seven day winning streak

NASDAQ index lower for the second time in three trading days Next week is the granddaddy of all the earnings release weeks with Facebook, Amazon, Appl...
Read More
What key technical levels are play (and why) in the new trading week for the USDJPY?

What key technical levels are play (and why) in the new trading week for the USDJPY?

The USDJPY stalled near the swing high from November 2017 and rotated lower The USDJPY is closing the trading week at/near the week lows. That breaks ...
Read More
What key technical levels are play (and why) in the new trading week for the EURUSD?

What key technical levels are play (and why) in the new trading week for the EURUSD?

What are the charts saying for the EURUSD  in the new trading week.  The EURUSD traded below the 200 week moving average over the prior 3 tr...
Read More
WTI crude futures are settling at $83.76

WTI crude futures are settling at $83.76

Crude oil futures up $1.26 or 1.53% The high for the day reached $83.80. The low extended to $81.76. A week ago, the price closed at $82.47. The gain ...
Read More
US Federal budget deficit for September $-62 billion versus $-60 billion estimate

US Federal budget deficit for September $-62 billion versus $-60 billion estimate

Versus $-171 billion last month – The US federal deficit for September came in at $-62 billion versus $-60 billion estimate.  – Last ...
Read More
Key week for earnings with many of the top companies reporting

Key week for earnings with many of the top companies reporting

Facebook, Apple, Alphabet (Google), Amazon, Microsoft, Boeing, McDonald’s, Starbucks, Exxon Mobil all scheduled to report  Monday, October ...
Read More