Markets Markets this week are captured by an (admittedly mild) ‘by default risk-off bias’. The EuroStoxx 50 again cedes 0.35%. S&P opens 0.75% lower. The US being the exception to the rule, forward looking indicators Read more…
Markets Markets this week are captured by an (admittedly mild) ‘by default risk-off bias’. The EuroStoxx 50 again cedes 0.35%. S&P opens 0.75% lower. The US being the exception to the rule, forward looking indicators Read more…
Daily Pivots: (S1) 0.8880; (P) 0.8912; (R1) 0.8944; More…. USD/CHF’s rally from 0.8551 is still in progress and intraday bias stays on the upside. Further rally would be seen to 0.9146 cluster resistance next. On Read more…
US initial jobless claims fell -13k to 216k in the week ending September 2, better than expectation of 235k. Four-week moving average of initial claims dropped -8.5k to 229k. Continuing claims dropped -40k to 1679k Read more…
In the latest release of BoE Decision Maker Panel survey data for August, there is a tangible shift in business expectations pointing towards a decrease in both output price inflation and CPI inflation over the Read more…
In the latest release of BoE Decision Maker Panel survey data for August, there is a tangible shift in business expectations pointing towards a decrease in both output price inflation and CPI inflation over the Read more…
In the latest release of BoE Decision Maker Panel survey data for August, there is a tangible shift in business expectations pointing towards a decrease in both output price inflation and CPI inflation over the Read more…
The dollar index holds firm tone in early Thursday’s trading and pressuring 105.00 round figure barrier, ahead of more significant resistances at 105.13/47 (Fibo 38.2% retracement of 114.72/99.20 / weekly cloud base). Wednesday’s better than Read more…
In 2023, Japan’s stock market is in a bullish trend (shown by the blue channel) as the country has an ultra-loose monetary policy (unlike other G7 countries that are fighting inflation). As a result, the Read more…
Daily Pivots: (S1) 1.0703; (P) 1.0726; (R1) 1.0749; More… Intraday bias in EUR/USD stays on the downside for the moment. Deeper decline would be seen to 1.0609/34 cluster support next. On the upside, above 1.0808 Read more…