Eurozone CPI rose from 8.6% yoy to 8.9% yoy in July, above expectation of 8.7% yoy. That’s also another record high. CPI core (all-items ex energy, food, alcohol & tobacco) rose from 3.7% yoy to Read more…
Eurozone GDP grew 0.7% qoq in Q2, well above expectation of 0.1% qoq. Comparing with same quarter of last year, GDP grew 4.0% yoy. EU GDP grew 0.6% qoq, 4.0% yoy. Among the Member States Read more…
Bitcoin closed Thursday near $24,000, retesting that area after a failed attempt to climb higher in the middle of last week. The first cryptocurrency has added 3.8% over 24 hours, about as much as it Read more…
The Fed raised the rate by 75 points as expected by most, but this caused a relief rally in risk-sensitive assets. Powell also expressed his willingness to increase the rate further. Nor did he rule Read more…
USDCAD is easing with weak momentum below the short-term simple moving averages (SMAs) but is still above the long-term ascending trend line. According to the technical indicators, the MACD is losing ground below its trigger Read more…
The Z Flip 4. | Image: Evan Blass / 91 Mobiles We’re still over a week away from the official launch of Samsung’s latest foldables — the Z Fold 4 and Z Flip 4 — Read more…
Daily Pivots: (S1) 162.20; (P) 164.16; (R1) 165.45; More… GBP/JPY’s steep decline suggests that corrective pattern from 168.67 has started another falling leg. Intraday bias is back on the downside for 160.37 support first. Decisive Read more…
Daily Pivots: (S1) 135.73; (P) 137.54; (R1) 138.69; More…. EUR/JPY’s decline continues today and hits as low as 135.53 so far. Intraday bias remains on the downside for deeper fall to 134.11 medium term support Read more…
Daily Pivots: (S1) 0.8344; (P) 0.8374; (R1) 0.8402; More… Intraday bias in EUR/GBP remains on the downside for the moment. Current development affirms the case of rejection by 0.8697 fibonacci level. Deeper fall should be Read more…
Daily Pivots: (S1) 1.4523; (P) 1.4571; (R1) 1.4630; More… EUR/AUD is losing some downside momentum as seen in 4 hour MACD, but there is no sign of bottoming yet. Current fall from 1.5396 should target Read more…