German ECB Governing Council member Joachim Nagel struck a cautious tone at a conference today, warning against locking in any specific policy path amid persistent global uncertainty. Markets currently price in only one more rate cut by year-end. But Nagel resisted endorsing that outlook, stressing that rapidly evolving conditions make it unwise to pre-commit. “We […]
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It’s amazing how a seemingly small improvement to the design of a basic item can sometimes dramatically increase its value for users. In a cruise ship cabin where space is very limited, thoughtful design that Read more…
Daily Pivots: (S1) 1.1491; (P) 1.1552; (R1) 1.1616; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.1630 temporary top. Further rise is expected as long as 1.1372 support holds. Read more…
Global financial markets showed remarkable resilience on Monday despite a continuous escalation in Middle East tensions. Iranian missiles struck Israel’s Tel Aviv and Haifa overnight, prompting an immediate warning from Israel’s defence minister that Tehran Read more…