Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States EIA Crude Oil Stocks Change came in at -4.237M, below expectations (-2M) in December 19
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Dow Jones Industrial Average backslides amid tech decline
The Dow Jones lost 400 points on Friday. Holiday markets traded on the low side, Dow ended the week flat. Another midweek holiday next week will crimp market volumes. The Dow Jones Industrial Average (DJIA) shed around 400 points on a quiet Friday. … [Continue reading]
EUR/USD price analysis: Pair inches up to 1.0430, still capped by key resistance
EUR/USD registers a minor uptick on Friday, trading near 1.0430 after recent losses. RSI climbs to 44 in negative territory, indicating a tepid recovery but still suggesting sellers hold the upper hand. MACD histogram shows flat green bars, hinting … [Continue reading]
Pound Sterling gains with investors looking for fresh BoE interest rate cut cues
The Pound Sterling rises even though investors expect the BoE to follow a less gradual policy easing cycle in 2025 than previously anticipated. Traders project at least two BoE interest rate cuts of 25 bps next year. US Initial Jobless … [Continue reading]
Spain Retail Sales (YoY) came in at 1%, below expectations (2.8%) in November
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Gold price remains subdued despite increased geopolitical tensions
Gold price declines as traders anticipate signals regarding the US economy under the incoming Trump administration. The non-yielding Gold received support amid increased chances of more Fed rate cuts following US PCE inflation data. The safe-haven … [Continue reading]
AUD/USD weakens to near 0.6200 amid thin trading
AUD/USD softens to around 0.6215 in Friday’s early Asian session. Fewer Fed rate cuts bets and Trump's policies continue to support the USD. RBA’s Meeting Minutes revealed the board had grown more confident about inflation, but risks … [Continue reading]
United States 7-Year Note Auction increased to 4.532% from previous 4.183%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States Continuing Jobless Claims increased to 1.91M in December 13 from previous 1.874M
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]