Eurozone unemployment rate dropped from 6.9% to 6.8% in February, above expectation of 6.7%. EU unemployment rate also dropped from 6.3% to 6.2%. Eurostat estimates that 13.267 million men and women in the EU, of Read more…
Cable, GBPUSD has been recovering as expected, with three waves up in wave B on 4h time frame which found a resistance later at 1.3268. So far we can see a nice sell-off below the Read more…
ECB Chief Economist Philip Lane said in a speech, “the Governing Council sees it as increasingly likely that inflation will stabilise at our two per cent target over the medium term”. Under this pathway, ‘the Read more…
Biden expected to release oil from reserves Asian markets are being dominated today by the news that US President Biden is apparently considering a material release of oil from its strategic petroleum reserves (SPR), which Read more…
Once you identify a good value play, you have several options for how to trade it, Real Money Columnist Paul Price says. Investors can spend a lot of time looking for stocks that markets have Read more…
WTI oil futures (May delivery) retreated towards the 100 level early on Thursday after a strong rejection from the 20-day simple moving average (SMA) at 107.78. The sharp rebound off 92.19 in mid-March did not Read more…
American stocks declined on Wednesday over concerns about energy and the ongoing crisis in Ukraine. The Dow Jones declined by about 100 points while the Nasdaq 100 fell by 248 points. The main concern is Read more…
Markets Rising energy prices after Germany initiated the first of its three-phased emergency plan and red hot European inflation prints from Belgium over Germany to Spain smacked German bunds in real Will Smith style. Short-term Read more…
EUR/USD The single European currency managed to overcome and stay above the important resistance at 1.1126. The expectations for today’s session are rather positive – for a move towards the next level of resistance at Read more…
WTI crude rallies as the EIA shows a larger-than-expected fall in inventories. The price saw solid support in the demand area between the psychological level of 100.00 and the 30-day moving average (103.00). A bullish Read more…