Both but if the market thinks a recession is coming it would crush demand and oil should fall like a stone. Its doing the opposite of that.

GDP monthly estimate, UK: July 2023

Market doesn't believe in Recession with oil at 92 and rallying.

GDP monthly estimate, UK: July 2023

i will believe it when i see it

BOJ head Ueda signals chance of ending negative rates

market wants to sell USD and had been waiting for an excuse for too long. ANY excuse will do now.

Labour Force Survey, August 2023

suzuki been talking since 137 though. 1000 pips later and he still hasnt done anything besides talking. you will never know when the intervention will happen just that it wont happen when he talks.

Japan FinMin Suzuki: Excessive FX Moves Aren’t Desirable

dont worry guys its just friday. Suzuki routine is to tweet on fridays

Japan FinMin Suzuki: Excessive FX Moves Aren’t Desirable

now even BoE pivots

BoE’s Dhingra: Policy is Already Sufficiently Restrictive

dont worry. ECB already pivoted just like the Fed

New orders in manufacturing in July 2023: -11.7% on the previous month

time for CAD to shine till their rate decision

Saudi to extend voluntary cut of 1M b/d until end of Dec 2023

thats some really nice decrease

Industrial producer prices down by 0.5% in the euro area and by 0.6% in the EU

keep the aussie dump going

Statement by Philip Lowe, Governor: Monetary Policy Decision

Its friday, he likes to tweet on fridays.

Japan finance minister Suzuki says sudden FX moves are undesirable

China getting back to a booming economy

Caixin China General Manufacturing PMI

It took longer than expected but we finally have the famous European Stagflation.

Euro area annual inflation stable at 5.3%

go nasdaq go

Job Openings and Labor Turnover – July 2023

people said the same thing last year and we ended up having the biggest quarterly gain in nasdaq history.

China Cuts Tax on Stock Trading to Boost Market Confidence

dont worry, fed already pivoted months ago. next up is just waiting for rate cuts

US private sector at near-stagnation amid renewed fall in demand

too many strikes

UK private sector output falls at fastest rate since January 2021