Crude Oil Recovers After Chinese Data, Goldman Upgrade Explore Brent Oil's recovery amid Chinese data and Goldman Sachs' updated demand forecast. Dive into technical analysis revealing potential resistance and support levels. Learn how client sentiment may impact WTI prices. This article covers key factors influencing the oil market, ...
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Euro jumps as Eurozone core CPI rises Eurozone CPI for April remained at 2.2% and core inflation at 2.7%, confiriming the initial estimates. The ECB remains on track for a second-straight rate cut in June.
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New Zealand dollar higher as US credit rating downgraded New Zealand's dollar has posted strong gains against the US dollar, after Moody's downgrade. In China, both industrial production and and retail sales decelerated in April.
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Australian dollar rebounds, RBA expected to lower rates The Australian dollar has posted strong gains today. The RBA is widely expected to lower rates by a quarter-point to 3.85% on Wednesday. China posted mixed data to start the week. Industrial production and retail sales both decelerated in April. ...
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Europe Opening Bell: US Credit Downgrade and Chinese Data Dent Sentiment European market open, highlighting the impact of a US credit rating downgrade and weak Chinese data. It discusses stock index movements, currency fluctuations, and provides technical analysis on the DXY and DAX, including support and resistance levels.
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Markets weekly outlook - RBA, PBoC Decisions and UK Inflation in Focus Dive into this week's market outlook featuring key RBA & PBoC decisions, critical UK inflation data, and in-depth US Dollar Index analysis. Discover how US-China trade deal optimism is fading amid new consumer sentiment worries. Explore crucial economic data releases ...
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USD Leads, Gold down in a Calm Session - North-American Mid-Session Update The Dollar holds above 101.00 on calming U.S. policy signals, while stock indices remain flat after soft U. of Michigan data. Markets focus more on political developments and inflation clues. Gold continues its retracement, reflecting reduced safe-haven demand amid improved ...
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Bitcoin stable above $100,000 on trade optimism: BTC/USD analysis Bitcoin is in a period of consolidation on trade optimism, increased rate cut bets, and further institutional recognition. If price is able to break consolidation range to the upside, markets eye first target of ~$110,667.
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Crypto Market Today: Bitcoin (BTC/USD) Consolidation and Ripple (XRP/USD) Potential Breakout This analysis examines Bitcoin's current consolidation phase near the $100,000 mark, leveraging Glassnode on-chain data to assess market sentiment and potential breakouts. It also covers XRP's technical breakout and the growing possibility of ETF approvals, exploring key support and resistance ...
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Swiss National Bank says considering negative rates, US inflation expectations soar The Swiss franc remains at high levels, raising expectations that the SNB will lower rates at the June 18 meeting. In the US, UoM inflation expectations jumped to 7.3% and consumer sentiment fell.
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Japan's GDP declines, yen rally stalls Japan's GDP missed expectations and declined for the first time in a year. In the US, UoM consumer sentiment and inflation expectations are expected to rise in May.
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New Zealand dollar jumps as inflation expectations hits 1-year high The New Zealand dollar has posted strong gains as inflation expectations rose to 1-year high. US consumer sentiment and inflation expectations are expected to accelerate.
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USD/JPY Forecast: Yen Strength Revival Below 149.00 Resistance USD/JPY remains volatile amid shifting risk sentiment and BoJ policy signals. After testing 140.00 support in late April, the pair rebounded to 148.65 on 12 May, driven by optimism around US-China trade. However, weaker US dollar momentum and narrowing US- ...
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Europe Opening Bell: Japan and US Data Hit Sentiment, DAX Eyes 24000 European markets face subdued open amidst global slowdown concerns. DAX advances, gold falters. US data weighs on sentiment. Japan's economy shrinks. Oil prices steady, FX market sees dollar decline and Aussie/Kiwi rise. Focus on US Consumer Sentiment release. DAX eyes ...
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US Mid-Session Bell: Mixed markets, Oil prices slump as Trump visits the Middle East Markets are mixed as currencies turn defensive, led by the yen and Swiss franc, while commodity currencies lag. Stock indices rebounded on rumors of a Trump-Iran deal, lifting sentiment but sending oil in a slump. Canada’s S&P/TSX hit a record ...
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Gold (XAU/USD) Surges Beyond $3200/oz on Weak US Data, DXY Slips Gold surges above $3200/oz as a weaker US dollar and concerning economic data fuel demand. US retail sales slow, and small business optimism declines, impacting the dollar. Technical analysis suggests potential for further gains in gold, but client sentiment indicates ...
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New Zealand dollar extends losses, inflation expectations expected to rise The New Zealand dollar continues to lose ground. The Reserve Bank and the markets are keeping a close eye on inflation expectations, which is expected to rise to 2.4%. In the US, retail sales posted a negligible gain of ...
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UK GDP stronger than expected, US retail sales post small gain,pound posts gains The British economy grew by 0.7% q/q in the first quarter, better than the market estimate. In the US, retail sales posted a weak gain of 0.1% while PPI declined.
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Australia employment soars, Australian dollar calm Australia's employment soared by 89 thousand, blowing past expectations. Despite the strong jobs numbers, the RBA is widely expected to lower rates by a quarter-point next week.
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Europe Mid-Session Bell: DAX Consolidates After All-Time Highs European markets see DAX consolidate after record highs. Oil prices drop due to potential US-Iran deal. Gold struggles, while yen and Swiss franc strengthen. US retail data and Powell's comments are key focus points. S&P 500 and Nasdaq turn red ...
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Nasdaq edges higher, US CPI softens US CPI rose in April but was lower than expected. The Nasdaq edged higher as investors reacted positively to the US-China tariff deal and the US inflation report
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USD/CAD at Key Inflection Point of 1.4000. Bears or Bulls to Take Charge? USD/CAD tests 1.4000. Will bulls or bears take charge? US-Canada trade tensions linger, impacting the Canadian dollar. US Dollar's strength faces sustainability concerns amid potential rate cuts by the Bank of Canada. Market volatility and shifting FX reserves add to ...
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Gold (XAU/USD) Slides 2.2% to One-Month Lows. $3150 incoming? Gold (XAU/USD) sees a 2.2% drop to one-month lows. Easing US-China tensions, Trump's Gulf investments, and potential trade deals with Japan, South Korea, and India pressure safe-haven demand. Russia-Ukraine talks could further impact prices. Technical analysis shows key support levels ...
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Australian dollar loses ground, jobs report next The Australian dollar has declined after massive gains a day earlier. Australia's wage growth improved to 0.9%, higher than expected. Australia's employment change is expected to ease on Wednesday.
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Yen posts sharp gains as PPI hit 4 percent The yen has surged about 1% today after PPI rose by 4% in April. The Fed remains in a wait-and-see stance after US inflation rose slightly but was lower than expected.
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Europe Opening Bell: DAX Opens Positive, US Tech Stocks Rise, and Oil Prices Jump on... Daily market insights: Europe's trading day begins with DAX gains and a rise in US tech stocks. Oil prices surge due to Iran sanctions. Plus, key economic data, currency updates, and a technical analysis of the Dollar index, highlighting support ...
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Dow Jones Dip, S&P 500 & Nasdaq Rise After Inflation Data US inflation data reveals surprising trends. While S&P 500 & Nasdaq surge, the Dow Jones dips. Dive into how markets reacted to easing inflation, Federal Reserve policy implications, & key stock movers like Nvidia & Coinbase. Technical analysis of the ...
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Australian dollar climbs on higher consumer confidence and soft US inflation The Australia dollar has gained close to 1% today. Australia's consumer confidence rebounded in May with a gain 2.2%. In the US, core and headline inflation rose in April was softer than expected.
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UK labor market cools, US CPI next, Pound steady The UK employment report indicated that job growth and wages declined, while the unemployment rate climbed. In the US, inflation is expected to rise in April.
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Europe's Mid-Session Bell: Asian Stocks Rise on Trade Hopes, Europe Positive, ZEW Sentiment Ahead Asian markets surge on US-China trade optimism, while European stocks stay positive. UK jobs data shows wage growth slowdown. DAX analysis reveals mixed signals with key support and resistance levels. Get insights on currency movements and potential impacts of ongoing ...
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