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Spending it all out? – MM #101

In this episode we focus on the state of the US consumer. Are things looking great or not exactly? Oil prices are also on the move higher. It’s good, isn’t it? As usual we preview the next events.

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  1. Flashing the cash?:  Strong retail sales, good revisions and upbeat sentiment paint a rosy picture. We  acknowledge the upside for the US consumer and the next Fed decisions but also poke a few holes in those pockets.
  2. Rising oil prices: There are so many moving parts in the price of the black gold. We keep you up to date on everything you need to know and discuss some seasonality that always has its impact.
  3. Preview: A streak of UK figures, Chinese data and the Fed minutes all stand out. Maybe we’ll get answers to the questions above.

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Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.