The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed its previous assessment of the medium-term inflation outlook. Inflation is still expected to stay too Read more…
The price actions of the EUR/JPY have shaped the expected minor slide toward the highlighted support of 155.90 as mentioned in our previous report. The cross pair printed an intraday low of 154.42 on 3 Read more…
AUD/USD falls to lowest level since October 2022 US GDP expected to jump to 4.3% The Australian dollar has pared losses from earlier today. In the European session, AUD/USD is trading at 0.6303, down 0.07%. Read more…
Core inflation has improved recently, but the ECB is cautious due to fluctuating oil prices that could rekindle headline inflation. Another ECB interest rate hike is viewed as unlikely at present. Monetary data, economic indicators, Read more…
The decline to current levels from the peak of the top of the year, set on July 19, exceeded 10%, which is generally considered to be the trigger for the start of the correction. According Read more…
As far as markets are concerned, the European Central Bank (ECB) is expected to leave rates unchanged in October for the first time in over a year, amid signs of cooling inflation. Over the past Read more…
Five things you need to know before the market opens on Thursday October 26: 1. — Stock Market Today: Stocks extend slide on Treasury yield surge, tech slump Muted tech outlooks, surging Treasury yields and intensifying Read more…
Amazon (AMZN) – Get Free Report shares moved lower in pre-market trading ahead of the cloud and retail tech giant’s third quarter earnings slated for after the closing bell. Amazon’s profit-driving Web Services business is likely Read more…
United Parcel Service (UPS) – Get Free Report posted stronger-than-expected third quarter earnings Wednesday, but lowered it full-year sales forecast following a series of disruptions and lost clients linked to its months-long labor dispute. UPS said Read more…
Ford (F) – Get Free Report shares moved higher in pre-market trading after the carmaker reached a tentative labor agreement with the United Autoworkers Union just hours ahead of its third quarter earnings report slated for Read more…