UK inflation has continued to surge at a rate that a 50-bp hike now appears the more likely move at the BOE’s next meeting. Asian Indices: Australia’s ASX 200 index rose by 107.7 points (1.62%) and currently trades at 6,757.30 Japan’s Nikkei 225 index has risen by 684.91 points (2.54%) and currently trades at 27,647.92 […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…