Sunday morning at Doha , what happened ?

  Everything at Doha was about politics. After taking over defense and economic planning, Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman has now stamped his authority over oil policy.In so doing, the 30-year-old son of King Salman upended the Saudis’ decades-long approach of separating commercial from political considerations. Over the weekend, Saudi officials revoke an agreement among … More Sunday morning at Doha , what happened ?

Earning sesion . . Something to worry about ?!

S&P 500 companies are expected to post their fourth straight quarter of earnings declines and fifth straight quarter of sales declines, according to FactSet. The last time earnings fell for such a long stretch was the period between the fourth quarter of 2008 and the third quarter of 2009, right after the financial crisis. And stop … More Earning sesion . . Something to worry about ?!

Watching for weakness , buying correction..

         GBP/USD  Looking ahead, a relatively quiet economic calendar is headlined by UK Construction PMI figures. Broadly speaking, UK economic news-flow has improved relative to consensus forecasts over the past two months, opening the door for an upside surprise. Such a result may help encourage a recovery from the British Pound after … More Watching for weakness , buying correction..