Daily Pivots: (S1) 1.1603; (P) 1.1637; (R1) 1.1658; More…. Intraday bias in EUR/USD remains on the downside as fall from 1.1848 is in progress. As noted before, rebound from 1.1408 could have completed as a Read more…
Markets are beginning the week with a familiar but dangerous message: oil higher, yields higher, Dollar higher. Brent crude blasted above $111 in Asian trading while US 10-year Treasury yields climbed above 4.6%, extending the Read more…
China’s economic data deteriorated sharply in April, with industrial production, retail sales, and fixed asset investment all missing expectations as domestic demand weakened against a backdrop of prolonged Middle East conflict and rising external uncertainty. Read more…
Key Takeaways The Trump-Xi Beijing summit delivered limited concrete progress, disappointing markets that had hoped for broader trade and geopolitical breakthroughs, while renewed warnings over Taiwan tensions kept regional risk sentiment fragile. Rising inflation pressures Read more…
Key Highlights EUR/USD started a sharp decline below the 1.1700 zone. It traded below a rising channel with support at 1.1720 on the 4-hour chart. GBP/USD could extend losses if it settles below 1.3300. USD/JPY Read more…
Brent crude exploded above $111 in Asian trading as traders returned from the weekend facing a geopolitical backdrop that had deteriorated sharply on multiple fronts at once. The failed Trump-Xi summit removed hopes for any Read more…
New Zealand’s services sector showed signs of stabilization in April, though activity remained in contraction territory as firms continued to grapple with rising fuel costs and disruption linked to the Middle East conflict. BusinessNZ Performance Read more…
US stocks fell toward the end of last week after CPI and PPI data came in higher than expected. This increased worries that US inflation may stay high, which pushed long-term US interest rates higher. Read more…
Platinum: ⬇️ Sell Platinum reversed from resistance level 2140.00 Likely to fall to support level 1871.50 Platinum recently reversed down from the pivotal resistance level 2140.00 – which stopped earlier waves B and A – Read more…
Doximity (DOCS) investors are watching one of the steepest sell-side resets the stock has seen in years. In the 24 hours after Doximity released its fiscal fourth-quarter results and fiscal 2027 outlook on May 13, Read more…