One of them often dons a Trump-style red baseball cap and wants to make his country “great again.” The other visited the US president at the White House to drum up support. Both could soon become presidents of major allies on Ukraine’s border. In Romania, the hard-right euroskeptic George Simion convincingly won the first round of the presidential re-run on ...
Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days, Temu has abruptly shifted its website and app to only display listings for products shipped from U.S.-based warehouses. Items shipped directly from China, which previously blanketed the site, are now labeled as out of stock. Temu made ...
The market does not always follow the same script or sequence, but bear markets typically end with a bottoming process marked by specific stages. These include capitulation, a short-term reversal-thrust, a follow-through thrust and long-term regime change. The first two stages mark downside excess and the initial turn around, while the latter two signal strong follow through. Today’s report will ...
Gold trended down this week, dropping to just over US$3,200 per ounce on the first day of May. While the yellow metal remains historically high after a strong run this year, its price has pulled back from last week’s record-setting level of US$3,500, causing concern for some market participants. However, many experts agree that this week’s retreat isn’t a reason ...
Flights resumed at Israel’s Ben Gurion Airport near Tel Aviv after a failed interception of a missile from Yemen on Sunday forced it to halt operations temporarily. Israel’s military said the missile landed in the airport’s vicinity after “several attempts” at intercepting it failed, adding that “the results of the interception are under review.” The Iran-backed Houthi rebel group in ...
Australians delivered a surprise election result on Saturday; not because of who won but by the scale of the victory. It marks a strong recovery for Prime Minister Anthony Albanese and his center-left Labor party, which had been slumping in the polls earlier this year, and follows a similar swing away from conservatives in Canada in the early months of ...
Ukraine has claimed it shot down a Russian Su-30 fighter jet in the Black Sea using a seaborne drone for the first time. “This is the first time in the world that a combat aircraft has been destroyed by a marine drone,” the Defense Intelligence of Ukraine said in a statement on Saturday, adding it “burst into flames in the ...
Like the other ceremonies and traditions that accompany the advent of a new pope, his newly chosen name will be imbued with centuries of Catholic history and dissected for its many layers of meaning. Changing his name is one of the first actions the new pope takes as head of the Roman Catholic Church and can play a hugely symbolic ...
Romanians voted on Sunday in the first round of a presidential election that could propel hard-right eurosceptic George Simion to power in a ballot that will test the rise of Donald Trump-style nationalism in the European Union. Simion, 38, opposes military aid to neighboring Ukraine, is critical of the EU leadership and says he is aligned with the US president’s ...
I feel like the short-term risk is turning once again and I’ll explain why in my analysis below. Please don’t misunderstand. I suggested a bottom was in place a few weeks ago and I LOVE what has been happening in terms of manipulation/accumulation and I LOVE the fact that we were able to quickly regain both the 20-day EMA and ...