The charts are being manipulated. As I mentioned before, you can base all your trading strategy on what the charts are falsely telling you. Look at the big picture (but the markets will continue up anyway)
GB - retail sales 1/3
GE - Industrial Production has doubled (but this was before the war started).
US - Balance of trade increasing substantially. $8bln increased difference between imports and exports. (Hopefully the military spend this month helps the situation).
US - Wholesale inventories are down, therefore production has slowed.. therefore less ability of the consumer to buy.. therefore higher prices and inflation and less sales to companies.
AU - Consumer confidence markedly down. This highlights that consumers will slow their consumption of non-essential goods.
JP - Improvements in their GDP (but how much was due to inflation?) This has pushed their markets up this morning.
Later today, China spiel to come out. I be their inflation is under 0.1% for the year
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