Positions of large speculators according to the COT report as at 8/1/2021
Total net positions in the USD index fell by 400 contracts last week. This change is the result of an increase in net long positions by 300 and a decrease in net short positions by 700 contracts. The total net positions in the USD index have been negative for nine . . .
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Worse economic data put European stocks under pressure
After a week of above-average volatility, the end of the sale comes. This puts the European DAX index at its opening price from the beginning of the week. The reason for the nervousness is the economic data of the PMI from the euro area, which in most cases turned out worse . . .
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Brace yourselves, inflation is coming
Following the outbreak of the pandemic, liquidity in circulation has risen sharply and will most likely have to grow further as the economy waits for a few more difficult months. However, gradual vaccination will boost prices, which are now under pressure from weak economic . . .
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The results of US banks
The earnings season has already started in the United States and, as usual, the banking sector is the first to report. Two banks, Bank of America and Goldman Sachs, reported before the US stock exchange today. It is the banking sector that is often a mirror of economic . . .
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The IEA lowers the outlook for demand in 2021
The price of American WTI oil managed to rise above $ 50 per barrel, a long unsurpassed milestone, especially for American producers. However, this was mainly due to an additional reduction in production from Saudi Arabia, meanwhile, demand still remains under pressure.
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Positions of large speculators according to the COT report as at 15/1/2021
The decline in total net positions occurred only in the Canadian dollar. In other currencies, speculators increased their total net positions. A sequence of 10 weeks in a row of negative total net positions in the Australian dollar ended.
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Performance of ETF portfolios in Purple Trading - Q4 2020
Please note that none of our ETF portfolios is actively managed and they all just basically copy the development on the main stock indices in a passive way. Therefore, its performance mirrors the development of the global financial markets quite precisely.
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Overview of Strategies in Purple Trading - Q4 2020
In this section, we were always looking at how the selected strategies and their providers performed in the given quarter. Now let's look at all of them again in an alphabetical order, and from the perspective of the whole of 2020. We have also added two newcomers.
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Riyadh is helping oil over $ 50
US oil WTI broke the level of $ 50 per barrel for the first time since the beginning of the pandemic last week, which is very good news for American miners. The rise in prices was helped by reports of declining production from Saudi Arabia and the volatile situation in the . . .
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Bitcoin - profit collection and quick entry back
At the beginning of the week, the situation on Bitcoin made several investors nervous, when its price dropped below $ 30,000 after the attack of $ 42,000. But eventually, it turned back very quickly and it seems now that the market is starting to look for a fair price. Will . . .
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