Yesterday’s decision by the Bank of England came as a surprise to forex traders. While the Official Bank Rate was left unchanged at 3.75%, markets were caught off guard by the notably dovish signals regarding Read more…
Latvian ECB Governing Council member Martins Kazaks said a “sizeable and pacey” strengthening of Euro could materially lower the inflation outlook, “potentially triggering a policy response”. A stronger currency, he argued in a blog post, Read more…
Gold on Friday was at 4800 USD per troy ounce. It remains in a vulnerable position after declining 3.8% the day before and is moving towards its second consecutive weekly drawdown. This comes amid high Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal As fun as it can be Read more…
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Friday. This is TheStreet’s Stock Market Today for Feb. 6, 2025. You can Read more…
Markets Yesterday’s trading session was expected to be an interlude for global trading, with policy decisions of the likes of the ECB and the Bank of England to provide some welcome distraction. US labour market Read more…
It’s just another day, another Big Tech earnings announcement, another set of revenue beats, another pledge to invest massively in AI and infrastructure — and another negative market reaction. This time, it was Amazon’s turn Read more…
In focus today In Sweden, flash estimates for the Swedish January inflation will be released today. We expect a decrease in core inflation from 2.3% y/y in December to 1.9% y/y in January, which would Read more…
Daily Pivots: (S1) 211.35; (P) 212.95; (R1) 214.10; More… Intraday bias in GBP/JPY remains neutral as consolidations pattern from 214.83 is extending with another leg. On the upside. firm break of 214.83 will resume larger Read more…
Daily Pivots: (S1) 184.54; (P) 185.02; (R1) 185.49; More… Intraday bias in EUR/JPY remains neutral at this point. On the downside, below 183.33 will bring retest of 181.76. Sustained trading below 55 D EMA (now Read more…