The first week of the new trading year tends to be very busy with data releases, but the market’s attention usually falls on the US employment report, non-farm payrolls in particular. The Canadian labour market statistics tend to stay Read more…
Natural gas futures (February delivery) have been in the red almost every single day since mid-December, having almost snapped the 2022 ascent to chart a new low of 3.88 on Tuesday. The price is currently Read more…
The former crypto king has pleaded not guilty to criminal fraud allegations leveled against him by federal prosecutors. This is a showdown that should not be missed. It will be a confrontation between federal prosecutors Read more…
Eurozone PMI Services was finalized at 49.8, in December, up from November’s 48.5. PMI Composite was finalized at 49.3, up from prior month’s 47.8. Looking at PMI Composite readings of some member states, Spain (49.9), Read more…
USDCHF experienced its fastest daily rally in a couple of months on Tuesday, advancing by 1.2% to chart an almost one-month high of 0.9397. Despite the strong bullish momentum, the price could not crawl back Read more…
Credit: OnePlus OnePlus has launched the OnePlus 11 in China. The phone starts at ~$580 for a 12GB RAM + 256GB storage model. It will launch globally on February 7. OnePlus has finally taken the Read more…
NZDUSD is rising after bouncing off the long-term descending trend line and the 200-day simple moving average (SMA) but is still hovering beneath the 20-day SMA. The negatively aligned Tenkan-sen line serves as a testament to the Read more…
The Australian dollar surged in early Wednesday’s trading, driven by higher stocks and rumors that China is discussing easing of ban on Australia coal imports. Aussie advanced over 2% in Asia, early Europe and cracked Read more…
USDJPY had experienced a significant uptrend in the past year, climbing to a 32-year high of 151.94 in mid-October. However, the pair has been experiencing a prolonged downside correction since then, with the price hitting a fresh Read more…
The resources heavy FTSE 100 outperformed thanks to energy stocks. A pop above 7550 may have put the index back on track, sending sellers to cover their bets. 2022’s top around 7650 is the last Read more…