Eurozone Sentix Investor Confidence March climbed from -12.9 to -10.5 in March, slightly surpassing expectations of -10.8. This increment marks the fifth consecutive rise, achieving its highest level since April 2023. Current Situation Index also Read more…
DXY: The DXY (US Dollar Index) chart currently reflects bullish momentum, indicating a potential scenario of a bullish continuation towards the 1st resistance. The 1st support level at 103.87 is recognized as an overlap support, Read more…
Gold keeps firm tone and trading near new two-month high at the start of the week, after rallying 2% on Friday, in the biggest daily advance since Dec 13. The yellow metal surged after markets Read more…
Gold prices break descending trend line Medium-term trend remains neutral RSI indicates overbought market Gold prices posted an impressive bullish rally in the preceding week, touching the upper boundary of the medium-term trading range at Read more…
Gold (XAU/USD) recorded its highest weekly gain of 2.33% year-to-date on 1 March 2024, and its best weekly return seen in the past three months. Positive technical elements and a softer real US 10-year Treasury Read more…
Markets EMU and US data on Friday provided conflicting evidence for global interest rate markets. As hinted by the national data on Thursday, the Flash February EMU CPI doesn’t allow the ECB to feel comfortable Read more…
Swiss CPI rose 0.6% mom in February, above expectation of 0.5% mom. CPI core (excluding fresh and seasonal products, energy and fuel) rose 0.7% mom. Domestic products prices rose 0.5% mom while imported products prices Read more…
You wouldn’t know, by looking at the S&P 500’s performance on Friday, that a US regional bank was having a rough time. Almost a year into last year’s regional bank crisis and about a month Read more…
In focus today We get the euro zone Sentix Investor Confidence index this morning at 08.30 CET. In China the annual key policy event the ‘Two Sessions’ kicks off today. Focus is on the government’s Read more…
Daily Pivots: (S1) 1.0808; (P) 1.0825; (R1) 1.0857; More… Intraday bias in EUR/USD remains neutral as range trading continues below 1.0887. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now Read more…