Check back for updates throughout the trading day U.S. equity futures moved higher in early Tuesday trading, but investors around the world remained braced for near-term volatility as they absorbed a torrent of first-day declarations Read more…
Daily Pivots: (S1) 155.17; (P) 155.88; (R1) 156.33; More… Intraday bias in USD/JPY is back on the downside with breach of 154.97 temporary low. Sustained break of 55 D EMA (now at 154.61) will extend Read more…
Canadian Dollar endured a rough ride, heavily influenced by US President Donald Trump’s tariff rhetoric. The Loonie initially gained some ground yesterday, as Dollar weakened broadly after Trump refrained from imposing immediate tariffs during his Read more…
UK payrolled employment fell -47k or -0.2% mom in December. Median monthly pay rose 5.6% yoy, down from 6.4% yoy in November and 7.9% yoy in October. Claimant count rose 0.7k, below expectation of 10.3k. Read more…
New Zealand’s BNZ Performance of Services Index declined from 49.1 to 47.9 in December, well below historical average of 53.1. This also marks the 10th consecutive month of contraction. The breakdown of the data highlights Read more…
Markets The first reaction after the start the Trump presidency, confirmed that markets have to cope with more elevated volatility as the new US administration is putting its new policy in place. Markets initially reacted Read more…
Donald Trump’s inauguration went almost smoothly. The US markets were closed, the Chinese stocks were in a better mood on a ‘good’ phone call between Trump and Xi, and the European equity markets opened higher Read more…
In focus today Markets continue to pay close attention to President Trump’s initial actions. It is expected that he will issue a series of executive orders to further build his momentum throughout the week, resulting Read more…
Key Highlights Gold started a fresh upward move above the $2,675 resistance. A key bullish trend line is forming with support at $2,690 on the 4-hour chart. Oil prices corrected some gains and traded below Read more…
Donald Trump was sworn in as the 47th President of the United States yesterday, unveiling an aggressive “America First” agenda that has significant implications for both domestic and global economies. Among his key priorities are Read more…