Eurozone business activity accelerated strongly in October, with HCOB Services PMI finalized at 53.0, the highest in 17 months, up from 51.3 in September. Composite PMI also climbed to 52.5, a 29-month high, signaling the Read more…
On Wednesday, gold traded around 3,940 USD per troy ounce, stabilising near its lowest levels since early October. The precious metal remains under pressure from a recalibration of interest rate expectations, as markets adopt a Read more…
The short-term Elliott Wave outlook for Bitcoin (BTCUSD) indicates that the bearish cycle originating from the October 6, 2025 peak remains incomplete. Price action continues to unfold within an impulsive Elliott Wave structure, suggesting further Read more…
As shown on the Dollar Index (DXY) chart, the strength of the US currency is currently hovering near an important high reached in August. Market sentiment is being influenced by: → the ongoing government shutdown, Read more…
Markets The US tech-heavy Nasdaq led the correction lower on Wall Street, ceding 2% after coming inches of a new record high on Monday. Losses for the Dow Jones (-0.5%) and S&P 500 (1.15%) were Read more…
Key takeaways Nikkei 225 correction: The index fell 6.6% from its record high of 52,664, testing a key support zone at 49,370/48,450 that may trigger a short-term bullish reversal. Macro resilience: Japan’s Citigroup Economic Surprise Read more…
Market mood got hammered yesterday — for all the reasons we’ve been citing over and over: overstretched tech valuations, an increasingly narrow rally, and the circularity concerns around Big Tech that are reviving dot-com bubble Read more…
In focus today In the US, the October ADP private sector employment report is due for release this afternoon. The release is likely to get more attention than usual due to the delays to the Read more…
Daily Pivots: (S1) 1.1459; (P) 1.1496; (R1) 1.1520; More… Intraday bias in EUR/USD remains on the downside for 100% projection of 1.1917 to 1.1540 from 1.1727 at 1.1350. Decisive break there would prompt downside acceleration Read more…
Daily Pivots: (S1) 153.99; (P) 154.14; (R1) 154.38; More… Intraday bias in USD/JPY stays neutral and more consolidations would be seen below 154.47. Further rally is expected as long as 151.52 support holds. Above 154.47 Read more…