In focus today In the euro area, the ECB publishes the minutes from its March meeting today. Given recent comments from Governing Council members, the minutes are likely to reflect increasingly hawkish discussions around further policy hikes. Also in the euro area, May business sentiment indicators are released, with particular attention on firms’ selling price […]
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Overview: Gold is testing its 200-day SMA after two months of consolidation, having failed to revive bullish momentum above 5,000. As the precious metal completes its third negative month, down almost 20% from all-time highs, Read more…
There is always one IPO that defines a generation of investors. For people who started buying stocks in the 1990s, it was Microsoft (MSFT) and Amazon (AMZN). For millennials, it was Facebook and Tesla (TSLA). Read more…
European currencies continue to trade within established ranges following the heightened volatility of recent weeks. Last week, both EUR/USD and GBP/USD declined before staging a recovery; however, the pairs are once again testing important support Read more…