Gold remains under pressure and risk is still to the downside as prices continue to drift lower from the long-term descending trend line. The technical indicators are bearish and point to more weakness in the market. Looking Read more…
The Dax 40 recoups losses as traders reposition ahead of CPI this week. The bulls are looking to safeguard the summer rebound by keeping it off the critical demand zone around 12450. A surge above Read more…
Japanese and Australian equities made a positive start to the week, after a bullish session on Friday. The US equities ended last week on quite a high note, after investors pulled more than $10 billion Read more…
Market movers today There are no tier-1 global movers today but focus remains on developments in gas and electricity prices alongside developments in Ukraine (see more below). Danish august CPI inflation is released. We expect Read more…
UK GDP grew 0.2% mom in July, below expectation of 0.3% mom. Services grew 0.4% mom. Production dropped -0.3% mom. Construction also contracted -0.8% mom. For the three months to July, GDP was flat compared Read more…
Credit: Sony Sony has announced the Xperia Stream accessory for the Xperia 1 IV. This is a cooling accessory that also comes with a variety of ports. There’s no word on pricing or availability just Read more…
Daily Pivots: (S1) 141.34; (P) 142.73; (R1) 143.96; More… USD/JPY recovers mildly today but stays in range below 144.98. Intraday bias remains neutral and more consolidations could be seen. Downside of retreat should be contained Read more…
Markets are generally steady in Asian session today. European majors are firming up slightly but there is no clear follow through buying so far. On the other hand, Yen is losing ground while commodity currencies Read more…
Credit: David Imel / Android Authority Specs of the upcoming cheaper Chromecast have leaked thanks to a firmware build. It confirms the official name of Google’s new streaming dongle and also reveals its hardware details. Read more…
USD/JPY: On the H4 chart, price is still respecting the ascending channel. We are bullish bias- Price is currently testing the first support at 141.652 where the 23.6% retracement sits. Bearish momentum might bring price Read more…