Markets In the ‘Trump’ era glass-half-empty back to glass-half-full swings have become standard procedure and the trick was again at work yesterday. After indications that he was considering options to dismiss the Fed chair earlier this week, US president Trump moved to a more conciliatory tone vis-à-vis the Fed and its Chair. At the same […]
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Germany’s Ifo Business Climate Index edged higher in April, rising from 86.7 to 86.9 and beating market expectations of 85.2. Current Assessment Index climbed to 86.4 from 85.7. Expectations, while slightly lower at 87.4 compared Read more…
Asian stocks ended their five-day winning streak as a short-lived global rally lost steam due to mixed messages from the Trump administration about China tariffs. A regional stock index dropped 0.3% after Treasury Secretary Scott Read more…
Daily Pivots: (S1) 0.9352; (P) 0.9381; (R1) 0.9428; More…. Intraday bias in EUR/CHF stays neutral and outlook remains bearish with 0.9408 resistance intact. On the downside, firm break of 0.9204 low will confirm larger down Read more…