Daily Pivots: (S1) 159.79; (P) 160.14; (R1) 160.79; More… USD/JPY’s break of 160.45 resistance confirms resumption of rally from 152.25. Intraday bias is on the upside for retesting 161.94 high. Decisive break there will target Read more…
Today’s calendar is packed with major data releases including GDP and inflation from Eurozone and the US, ECB and BoE rate decision, and escalating geopolitical risks all converging. But markets are not struggling to find Read more…
Gold prices have cooled off after a historic run. However, that doesn’t mean the gold trade is broken. The World Gold Council’s Q1 2026 Gold Demand Trends report and outlook showed a complex setup in Read more…
We had a busy after-hours news flow, with Meta Platforms, Microsoft, Amazon and Alphabet reporting their Q1 earnings after the bell. The results were overall solid—except for Meta. Microsoft, Amazon and Google posted strong growth 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 If there’s one type of casual Read more…
China’s official PMI data for April showed the economy maintaining modest expansion, but with a clear divergence between sectors. PMI Manufacturing edged down slightly from 50.4 to 50.3, staying in expansion for a second month. Read more…
Key Highlights GBP/USD corrected gains and tested the 1.3450 support. A declining channel is forming with resistance at 1.3560 on the 4-hour chart. Gold prices are moving lower below the $4,650 support. The US GDP Read more…
Japan’s industrial production declined -0.5% mom in March, falling short of expectations for a 1.1% increase. The drop was broad-based, with output declining in 8 of 15 sectors. The downturn was led by petroleum-related products, Read more…
New Zealand business confidence deteriorated sharply in April, with ANZ’s headline index plunging from 32.5 to -10.6, highlighting a rapid shift in sentiment amid rising cost pressures. Firms’ own activity outlook also fell significantly from Read more…
Gold’s selloff is accelerating as a powerful macro combination weighs on the metal. Instead of acting as a safe haven, gold is being squeezed by rising oil prices and higher bond yields. A retest of Read more…