Asian markets started the week calmly, with investors waiting for updates on US trade talks and possible new stimulus measures from China before making big moves. A regional index gained 0.6%, while S&P 500 futures Read more…
Market Picture The crypto market capitalisation has been hovering around $2.97 trillion since the end of last week. The market has recovered to its 200-day moving average, but is hesitant to overcome it, as we Read more…
Higher infrastructure spending in Germany will offer some support to Europe’s growth outlook, but it won’t be enough to offset the damage caused by US tariffs, according to Alfred Kammer, director of the European department Read more…
The price of gold fell on Monday, dropping to 3,290 USD per troy ounce amid easing market tensions. Key factors driving gold’s decline The sell-off in the safe-haven asset was driven by reduced risk aversion, Read more…
French ECB Governing Council member Francois Villeroy de Galhau expressed confidence today that there is no imminent recession risk for either France or Europe, while inflation continues to decline. Speaking to RTL Radio, Villeroy also Read more…
Despite the fact that President Trump’s earlier decision to impose tariffs (at higher rates than expected) shook the stock markets, the S&P 500 index (US SPX 500 mini on FXOpen) could still end April without Read more…
Daily Pivots: (S1) 190.23; (P) 190.98; (R1) 192.00; More… Intraday bias in GBP/JPY remains on the upside at this point. Rise from 184.35 would target 195.95 resistance next. Firm break there will suggest that choppy Read more…
Daily Pivots: (S1) 162.27; (P) 163.01; (R1) 164.02; More… Intraday bias in EUR/JPY remains neutral as range trading continues. On the upside, firm break of 164.16 will resume whole rise from 154.77. Next target will Read more…
Daily Pivots: (S1) 0.8515; (P) 0.8532; (R1) 0.8552; More… Intraday bias in EUR/GBP stays neutral for the moment. Further rise is expected as long as 0.8518 support holds. On the upside, 0.8622 minor resistance will Read more…
Daily Pivots: (S1) 1.7672; (P) 1.7743; (R1) 1.7835; More… Intraday bias in EUR/AUD remains neutral for the moment. Corrective pattern from 1.8554 could extend, but downside should be contained by 38.2% retracement of 1.5963 to Read more…