The worsening global geopolitical weather keeps investors in a cautious mode, and will likely prevent them from taking too much risk before the weekend. While the news that the US is giving itself two weeks Read more…
In focus today The conflict between Israel and Iran has now been raging for seven days. While the US has currently assisted Israel only by shooting down Iranian missiles, US President Trump said yesterday that Read more…
UK retail sales volumes slumped -2.7% mom in May, far worse than expectations of a -0.5% decline, marking the steepest monthly fall since December 2023. The downturn was driven by a sharp -5.0% mom drop Read more…
BoJ’s May policy meeting minutes reveal a board wary of “extremely high uncertainties” stemming from global trade tensions. While BoJ left its short-term interest rate unchanged at 0.5%, it sharply downgraded its growth and inflation Read more…
Japan’s core consumer inflation (ex-fresh food) accelerated from 3.5% yoy to 3.7% yoy in May, beating expectations of 3.6% yoy and marking the fastest pace since January 2023. The gain was driven by soaring rice Read more…
Key insights from the week that was. In Australia, all eyes were on the May Labour Force Survey amid an otherwise quiet domestic calendar. In the event, the level of employment edged slightly lower following Read more…
Key Highlights USD/JPY started a fresh increase above the 144.50 resistance. A major bullish trend line is in place with support at 143.20 on the 4-hour chart. EUR/USD slowly moved below the 1.1520 pivot level. Read more…
FTSE 100: ⬇️ Sell FTSE 100 reversed from the resistance zone Likely to fall to support level 8700.00 FTSE 100 index recently reversed down from the resistance zone located between the strong resistance level 8900.00 Read more…
Nasdaq-100: ⬇️ Sell Nasdaq-100 reversed from long-term resistance level 22000.00 Likely to fall to support level 21000.00 Nasdaq-100 index recently reversed down from the major long-term resistance level 22000.00 (which has been steadily reversing the Read more…
