ISM started a sellable rally

ISM started a sellable rally

According to fxstreet.com, Manufacturing Index shows business conditions in the US manufacturing sector It is a significant indicator of the overall economic condition in US. A result above 50 is seen as positive (or bullish) for the USD, whereas a result below 50 is seen as negative (or bearish). It is the key indicator. A...
Cobalt as an investment of the future? Currently loses momentum

Cobalt as an investment of the future? Currently loses momentum

Cobalt (Co) is an element similar to lithium used in the manufacture of batteries for smartphones, engines and various other devices. Due to the expansion of EVs and concerns about the lack of commodities for the production of batteries, the world's billionaires have started to invest in shares of metal producers. However, the value of...
Germany in red numbers - PMI plunged more than expected

Germany in red numbers - PMI plunged more than expected

It wasn't just this week about bad information from german economy. It is getting worse and worse despite of more and more stimulus from ECB (QE and rate cut). If this could work or not we will see another quartal. But now, the numbers are bad, but no-one cares because stimulus are on the way......