In a statement, St. Louis Fed President James Bullard explained by he voted for a 50bps rate hike on March 16 FOMC meeting, instead of 25bps. Additional, in the Summary of Economic Projections, he penciled Read more…
Eurozone goods exports rose 18.9% yoy to EUR 199.5B in January. Imports rose 44.3% yoy to EUR 226.7B. Trade deficit reached EUR -27.2B. Intra Eurozone trade rose 24.2% yoy to EUR 192.3B. In seasonally adjusted Read more…
Stocks set to open lower as Russia’s war against Ukraine entered its fourth week, with increased tensions stoking concerns of additional commodity supply disruptions. Resource Transition: An Investor’s Playbook for 2022 (Webinar Preview) (TV-G; 1:03) Read more…
EURAUD found strong resistance level at the 1.5330 barrier, which acted as a turning point to the price, holding the pair beneath the 20-day simple moving average (SMA) as well. Currently, the price is testing Read more…
The Canadian dollar continues to rally and has gained over 1% this week. We’ll get a look at Canadian retail sales later in the day. Retail sales predicted to bounce back After a rough start Read more…
If one of your darlings has hung you out to dry, you don’t have to just take it. Investment has lots of lessons to teach, and high on the list is this: No strategy is Read more…
Stock futures move lower; nickel flips again; BNY Mellon set to lose $200 million on Russia pullout; American to serve booze again; and the iconic Porsche 911 is losing its roar. Here are five things Read more…
GBPUSD has bounced back from its March low of 1.2999, crossing above its 50-period simple moving average (SMA) as positive momentum resurfaced. However, the pair is currently trading well below its 200-period SMA and hasn’t Read more…
USDCAD is currently challenging the long-term ascending trend line and the 200-day simple moving average (SMA) around the 1.2600 psychological mark. The price is showing some signs that it would be a penetration of the Read more…
Markets US stock markets gained over 1% yesterday as risk sentiment improved during US dealings. Kremlin fake news reports on progress in Ukrainian peace talks initially caused some hesitance. US secretary of state Blinken later Read more…