ECB Vice President Luis de Guindos expressed cautiously optimistic view on the trajectory of inflation in Eurozone. But he also emphasized that the central bank is data-dependent regarding cutting interest rates, rather than time-dependent. “There Read more…
The BoE meets on Thursday but low expectations for significant announcements Quarterly projections could support market expectations for rate cuts Pound would benefit against the US dollar from a hawkish BoE meeting First rate-setting meeting Read more…
Gold rises, but technical signals keep sentiment in balance Needs a break above bearish channel at 2,035 Gold started the week on a positive note, aiming to exit last week’s sideways trajectory above its 20-day Read more…
The reasons for the rise in Brent oil prices are a drone attack on an American military base in Jordan, as well as an attack on an oil tanker in the Red Sea. These events Read more…
WTI oil eases in early Monday trading after opening with a gap higher and price rose new two-month high ($79.27). Growing tensions in the Middle East and fall in Russian refined products export, continue to Read more…
The Nomad Stand offers 15W of wireless iPhone fast charging for $100. | Image: Nomad Nomad’s Stand is the latest Qi2 charger to hit the market, offering up to 15W of wireless charging speed to Read more…
Markets European equities on Friday rallied like there was no tomorrow. The Eurostoxx50 added more than a percent to finish the week at the highest level since the 00s. US indices including the S&P500 rose Read more…
Higher US 10-year Treasury real yield and rising geopolitical risk premium have created a floor and cap for Gold (XAU/USD) at US$2,000 and US$2,040 respectively. Historical volatility of Gold (XAU/USD) has slipped to a 4-month Read more…
US crude jumped past the $79b level this morning on escalating tensions in the Red Sea. The European and American futures are slightly in the negative at the time of writing, and stocks in Hong Read more…
In focus today The week starts off with the publication of the Swedish preliminary GDP statistics for Q4 and the full GDP development of 2023. Strong GDP indicators in October and November (+1.0% and 0.2%) Read more…