In December, UK payrolled employment rose 28k or 0.1% mom to 29.9m. That’s a rise of 2.3% yoy or 676k over the 12-month period. ONS also noted that the number employees were rising in line Read more…
China’s economy rose at an annualised rate of 3% in 2022 according to official data. Whilst this is the lowest rate in decades (and second lowest since the 70s) it still surpassed expectations, which were Read more…
Market movers today Today’s key data release will be the ZEW index from Germany. It will be interesting to see whether the recent rebound in leading indicators persists into Q1, which would give us a Read more…
Daily Pivots: (S1) 1.0791; (P) 1.0833; (R1) 1.0863; More… Intraday bias in EUR/USD remains neutral for consolidation below 1.0874 temporary top. Further rally is expected as long as 1.0482 support holds. On the upside, break Read more…
Daily Pivots: (S1) 1.3368; (P) 1.3393; (R1) 1.3433; More…. Intraday bias in USD/CAD remains neutral and outlook is unchanged. Further decline could still be seen, but downside should be contained above 1.3224 key support level. Read more…
Markets are generally stuck in tight range in Asian session today, with better than expected data from China providing no inspirations. Dollar is staying in consolidations in tight range, with no sign of a sustainably Read more…
Credit: Robert Triggs / Android Authority We’ve seen a change taking place over the years in the charger space, as phone chargers switch from having full-sized USB-A ports to USB-C ports instead. This change isn’t Read more…
ECB Chief Economist Philip Lane said in an FT interview published today, “we’re not yet at the level of interest rates needed to bring inflation back to 2 per cent in a timely manner”, and Read more…
Cycle from 10.31.2022 low in Hangseng Index is in progress as a nesting 5 waves impulsive Elliott Wave structure. Up from 10.31.2022 low, wave ((1)) ended at 18414.09. The 45 minutes chart below shows pullback Read more…
USD/JPY: Looking at the Daily chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. To add confluence to this bias, price is Read more…