[Proposed US Tax Bill Could Add $4 Trillion To Deficit, Potentially Pushing 10-year Treasury Yields To 5%] Market Analysts Express Concern That A Proposed US Tax Bill, Aiming To Extend 2017 Tax Cuts, Could Significantly Increase The US Deficit By Potentially Adding Around $4 Trillion Over The Next Decade, According To A Projection By The Tax Foundation. Experts Like Ed Yardeni And Padhraic Garvey Predict This Could Cause Volatility And Potentially Push The Yield On The 10-year US Treasury Towards Or Past The Key 5% Level, Potentially Leading To Bond Market Disruptions.

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SYMBOL

LAST

BID

ASK

HIGH

LOW

NET CHG.

%CHG.

SPREAD

SOURCE

SPX

S&P 500 Index

7135.96

7145.62

7107.85

-2.84

-0.04%

DJI

Dow Jones Industrial Average

48861.80

49163.78

48708.57

-280.12

-0.57%

IXIC

NASDAQ Composite Index

24673.23

24724.11

24532.70

+9.44

+ 0.04%

USDX

US Dollar Index

98.800

98.880

98.930

98.640

0.000

0.00%

EURUSD

Euro / US Dollar

1.16721

1.16730

1.16893

1.16550

-0.00023

-0.02%

GBPUSD

Pound Sterling / US Dollar

1.34759

1.34768

1.34953

1.34537

+0.00007

+ 0.01%

XAUUSD

Gold / US Dollar

4588.35

4588.78

4591.35

4539.26

+44.66

+ 0.98%

WTI

Light Sweet Crude Oil

105.066

105.096

107.326

103.184

-0.273

-0.26%

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Switzerland's KOF Economic Leading Indicator For April Was 97.9, Higher Than The Expected 95.9, With The Previous Value Revised From 96.1 To 95.6

Spain's First-quarter GDP Quarter-on-quarter Preliminary Reading Came In At 0.6%, Versus An Expected 0.5% And A Previous Reading Of 0.80%

Spot Silver Touched $73 Per Ounce, Up 2.40% On The Day

Wang Yi Holds Talks With Belgian Deputy Prime Minister And Foreign Minister Prevo

The Local Governor Stated That The Fire At The Tuapse Oil Refinery In Russia Has Been Extinguished

The Main Palladium Futures Contract Rose More Than 2.00% Intraday, Currently Trading At 360.80 Yuan/gram

France's Preliminary April Harmonized CPI Year-on-Year Rate Came In At 2.5%, Versus An Expected 2.3% And A Previous Reading Of 2.00%

France's March PPI Month-on-month Rate Was 2%, With The Previous Reading Revised From -0.20% To -0.3%

The Governor Of Perm Region In Russia Stated That An Industrial Site Was Attacked By Drones. There Were No Casualties Or Significant Damage Following The Attack

U.S. Media: U.S. Seeks To Form Coalition To Restore Shipping In The Strait Of Hormuz

Both WTI And Brent Crude Oil Prices Fell By More Than $1 In The Short Term, Currently Trading At $110.29 Per Barrel And $111.8 Per Barrel Respectively

South Korea's Ministry Of Finance: South Korea Will Launch 24-hour USD-KRW Trading At The End Of June

Ukrainian Military Commanders Announced That Frontline Soldiers Would Serve For Two Months

According To AmSpec, An Independent Inspection Agency In Malaysia, Malaysia's Palm Oil Exports From April 1 To 30 Totaled 1,346,859 Tons, A 16% Decrease Compared To The Previous Period

Russian Deputy Prime Minister Novak: There Is Currently A Global Oil Supply Shortage

Russian Deputy Prime Minister Novak: The UAE's Withdrawal From OPEC Does Not Mean A Price War Is About To Begin

Russian Deputy Prime Minister Novak: There Are No Plans To Leave The OPEC+ Agreement

The Second Multilateral Consultation Meeting Of The Shanghai Cooperation Organization Development Bank Was Held In Xi'an, Shaanxi Province

The Yield On Japan's 40-year Government Bonds Rose 11.5 Basis Points To 3.980%

China's Working Paper On Japan's Nuclear Armament

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Size

Sanjeev Ku

@Size bro you are right.But when in buying zone no hesitancy on my side to enter or when in sell zone no hesitation in selling

@Sanjeev KuTrue that… I get your point.

SlowBear ⛅ flag

Mankind

@SlowBear ⛅ yes bro I took a break. Do you have a good entry for today,

@Mankind today is kinda slow but i think there could be a short sell on Ethereum bro

Sanjeev Ku flag

4586.my tgt 4615 lets see

Sanjeev Ku flag

Size

Only thing I’d add is still letting confirmation guide the entry, so we’re not buying/selling straight into a sweep or fake move@Sanjeev Ku

Sanjeev Ku flag

4590

Sanjeev Ku flag

Kung Fu

Sanjeev Ku

4586.my tgt 4615 lets see

@Sanjeev Kuit could get there indeed. I have a sell limit at 4625

Size

But yeah, once everything aligns, execution should be clean and decisive@Sanjeev Ku

Sanjeev Ku flag

Size

Only thing I’d add is still letting confirmation guide the entry, so we’re not buying/selling straight into a sweep or fake move@Sanjeev Ku

@Sizebro let's see

SlowBear ⛅ flag

Size

ali

@Sizeabsolutely

@aliYeah, so what level are you watching for the move??

sonam

Gold Sell Now 4593-4596 SL 4602 TP 4590 TP 4587 TP 4584 TP Open

Kung Fu

Sanjeev Ku

@Sizebro let's see

@Sanjeev Kuremember that London is opening just about now.

SlowBear ⛅ flag

SlowBear ⛅

@Mankind This is the ETH analysis i shared with you like on Monday or last week - and so far so good slow but getting the job done

Kung Fu

Switzerland KOF Economic Leading Indicator (Apr)

Act：97.9，Prev：95.6，Fcst：95.9

Economic Calendar

风神1号

所以我说做人不要太自大现在亏钱了都是4590了还是4565做空害人了吧

Kung Fu

[Economic Calendar] Switzerland KOF Economic Leading Indicator (Apr)

@sonamthis will help you, I'm sure

SlowBear ⛅ flag

sonam

Gold Sell Now 4593-4596 SL 4602 TP 4590 TP 4587 TP 4584 TP Open

@sonam Yes that is the trick right now, buyers are stepping in with a ton of orders

Kung Fu

风神1号

所以我说做人不要太自大现在亏钱了都是4590了还是4565做空害人了吧

@风神1号did he short at those levels

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[Proposed US Tax Bill Could Add $4 Trillion To Deficit, Potentially Pushing 10-year Treasury Yields To 5%] Market Analysts Express Concern That A Proposed US Tax Bill, Aiming To Extend 2017 Tax Cuts, Could Significantly Increase The US Deficit By Potentially Adding Around $4 Trillion Over The Next Decade, According To A Projection By The Tax Foundation. Experts Like Ed Yardeni And Padhraic Garvey Predict This Could Cause Volatility And Potentially Push The Yield On The 10-year US Treasury Towards Or Past The Key 5% Level, Potentially Leading To Bond Market Disruptions.

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