Stock futures edge lower with inflation in focus; Peak inflation debate may not be decided in complex CPI data; DocuSign shares crumble after Q2 earnings miss, muted outlook; AMD shares gain on robust near-term outlook Read more…
Bundesbank revised down growth projection for Germany’s GDP in 2022 and 2023, and upgraded inflation projection for 2022, 2023, and 2024. 2022 GDP growth is slashed from 4.2% to just 1.9%. 2023 growth was cut Read more…
ECB Governing Council member Francois Villeroy de Galhau told French radio that inflation is “not only too high but also too broad”. The ECB will purse a “gradual but sustained” rate hikes until reaching neutral Read more…
Last Tuesday, June 7, 2022, Michael Kennedy joined us for a webinar about Git to explain his pragmatic GUI-based approach in detail. Here’s the recording for you to watch if you missed the live stream. Read more…
The Japanese yen has reversed directions and is in positive territory. In the European session, USD/JPY is trading at 133.86, down 0.38% on the day. Despite today’s gains, the yen remains under strong pressure. The Read more…
The Euro started a fresh decline from the 1.0775 resistance zone against the US Dollar. The EUR/USD pair traded below the 1.0700 support zone to move into a bearish zone. The price even traded below Read more…
USD came higher yesterday vs the EUR as European Central Bank President (ECB) Christine Lagarde was not clear enough about the upcoming rate if maybe they will stick to 25bp or can this hike be Read more…
Bitcoin was down 0.3% on Thursday, continuing to hover around $30K. This mild decline was a bonus of last month’s loss of correlation between the cryptocurrency and stock markets. Ethereum lost 0.4%, settling near $1800. Read more…
USDCAD had an aggressive bullish rally on Thursday, moving towards the 1.2700 psychological number, but the Canadian employment report later in the day may strengthen the loonie. The pair is flirting with the 20-day simple moving average Read more…
GBPJPY is setting the stage for its next bearish phase after its latest explosive rally topped at a new six-year high of 168.70 and near April’s peak. The RSI is also pivoting near its 70 Read more…