Intraday bias in GBP/JPY stays neutral at this point. On the upside, firm break of 209.01 minor resistance should indicate short term bottoming, on bullish divergence condition in 4H MACD. That would bring stronger rebound Read more…
Intraday bias in EUR/JPY remains neutral and further fall is in favor with 179.88 minor resistance intact. Below 177.82 will extend the fall from 187.93 to 175.41 key cluster support. Nevertheless, break of 179.88 minor Read more…
Intraday bias in EUR/CHF remains neutral and some more consolidations could be seen below 0.9472 temporary top. While deeper pullback cannot be ruled out, further rise is expected as long as 0.9304 support holds. Above Read more…
Silver’s $60 floor should hold unless gold breaks first. A structural physical-market deficit gives the $60–60.44 zone real backing, but the most credible path to a break runs through a hawkish Fed SEP, gold losing Read more…
I have covered two bankruptcy stories before. Not from the usual angle of what happened and why; for each, I dug deeper into who could win from the wreckage. The Magellan Aerospace story led me Read more…
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Tuesday. Stock futures were falling and oil prices climbed as Wall Street prepared for the Read more…
Market Overview The crypto market rose to $2.71T, touching the highs seen in the second half of last week, but retreated fairly quickly to a comfortable $2.65T. The volatility can be linked to news headlines Read more…
When investors near retirement, the promise of guaranteed income can sound like an oasis in a desert of market volatility. Annuities are frequently sold as the ultimate risk-free retirement strategy product that promises to turn Read more…
Germany’s economic outlook showed a marked divergence in September between improving current conditions and largely unchanged expectations. The ZEW Indicator of Economic Sentiment edged from 34.2 to 34.7, falling well short of the 42.5 market Read more…
The Eurozone’s seasonally adjusted trade surplus widened from a revised €1.0bn in June to €5.0bn in July, exceeding the €2.5bn market expectation. Exports increased 1.2% month on month from €257.7bn to €260.8bn, while imports fell Read more…