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Gbp/jpy clings to mild losses near 181.00 despite dovish boj talks, pick-up in yields ahead of boe
GBP/JPY portrays pre-BoE consolidation amid sluggish markets. BoJ’s Noguchi defends ultra-easy monetary policy to target higher wages. Yields pick-u...
Technical outlook and review
DXY: The DXY chart exhibits a bearish momentum, indicating a downward trend in the market. There is a possibility of a bearish continuation towards th...
Facades market to capture a cagr of 6.40% between 2023 and 2032 while touching approximately usd 386.07 billion by 2032 – report by market research future (mrfr)
Facades Market Research Report Information By Type (Ventilated, Non-ventilated), By Material (Glass, Wool, Aluminum, and others), By End-user (Residen...
France june business confidence 100 vs 100 prior
Prior 100No change to the reading in June, as French business morale sticks at its long-term average with manufacturing climate improving slightly but...
S&p 500 technical analysis
The Fed eventually paused its tightening cycle last week at 5.00-5.25%. The reason was that they wanted to see more economic data before deciding on f...
Japan maintains overall economic assessment for the month of june
But the government did at least raise their view on employment for the first time in 11 months, noting that "the employment situation has shown moveme...
Gold rate today: gold prices fall on powell’s hawkish testimony. check price of yellow metal in delhi, ahmedabad and other indian cities
Gold prices fell for the fourth consecutive day due to remarks by Federal Reserve Chairman Jerome Powell regarding potential interest rate rises. Gold...
Powell’s testimony helps take gold futures to the lowest value since march 17th
Speaking before Congress he said that it was a “pretty good guess” that the central bank would hike rates twice more this year. The post Powell’...
Binance launches services in kazakhstan amid troubles in the us and europe
Asset Turysov, Vice Minister of Digital Development, Innovation and Aerospace Industry of Kazakhstan, said: Over the past year, regulators in Kazakhst...
Türkiye’s policy mix: will president erdoğan’s post-election pivot be sustained?
Turkish President Erdoğan has begun his new five-year term with unresolved economic challenges. Downside risks remain for the country’s credit rati...
Eurostoxx futures -0.8% in early european trading
German DAX futures -0.8%UK FTSE futures -0.9%This comes as US futures are also tilting lower, with S&P 500 futures now down 0.25% on the day following...
Asia-pacific markets lower as powell’s testimony offers little surprise; eyes turn to boe rate decision
Australia -1.64%. India -0.05%. New Zealand data – May credit card spending +3.3% y/y (vs. +13.9% expected). NZ data: May Exports NZD 6.99bn (prior ...
Gold and silver prices today: gold steadies after hitting 3-month low, silver declines by rs 1,500
Gold prices on the Multi Commodity Exchange (MCX) opened lower on Thursday at Rs 58,613 per 10 grams and hit an intraday low of Rs 58,607. In the inte...
Gbp/usd: powell, boe in focus after cpi surprise
A hawkish BoE could push the cable north of 1.2800 and potentially pave the way for an eventual rise towards 1.3000. The key risk is the potential for...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8551; (P) 0.8580; (R1) 0.8635; More… Immediate focus is now on 0.8611 resistance in EUR/GBP. Decisive break there will confirm ...
Sterling soft ahead of boe, swiss franc eyes snb
Sterling is surprisingly soft this week even though markets are raising bets on a more aggressive than expected BoE rate hike, after yesterday’s UK ...
Oil price forecast: lower on rate hike concerns but unexpected draw underpins
Crude oil futures are lower as rate hike concerns arise, but an unexpected draw in API stocks provides a boost to market sentiment. The post Oil Price...
Usd/chf price analysis: attracts buyers above 0.8900 ahead of snb policy
USD/CHF has picked strength around 0.8920, following the footprints of the USD Index. The downside move in the USD Index has paused for now but is not...
Usd/try: will the turkish central bank rate hike save the lira?
The USD/TRY exchange rate moved sideways as investors waited for a pivot by the Turkish central bank. The pair was trading at 23.54, where it has been...
European shares seen little changed at open with focus on boe
European stocks are seen opening largely unchanged on Thursday, as investors await Chair Jerome Powell’s second day of testimony on Capitol Hill and...
Latest gold prices: three-month tested as jerome powell’s comments weigh
Gold prices have reached a three-month low, hovering around $1930 per ounce. This fall comes as Federal Reserve Chairman Jerome Powell testified befor...
Indian rupee rises, but runs into familiar resistance; gbp/inr in focus
USD/GBP was hovering near 1.2750 while GBP/INR was at 104.50. “For GBP, potentially a few scenarios may play out: A 25 bps hike and lack of hawkish ...
Boj's noguchi: exchange rate should move stably reflecting fundamentals
Yen decline last year was too rapidWeak yen hurts households via rising prices but benefit firms via increase in overseas profits, rise in inbound tou...
Boe and snb to hike for sure, but… by how much?
As BoE gears up for its monetary policy decision today, market observers find themselves divided on the scale of the expected rate hike. This indecisi...
Gold price today, 22 june: gold trades flat, silver sinks as fed chair reaffirms fight against inflation
U.S. gold futures slipped to 0.1% to $1,942.70 as spot gold was flat. Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading ...
European economic news preview: bank of england monetary policy decision due
The monetary policy announcements from the Bank of England and the Swiss National Bank are the major events due on Thursday. At 2.45 am ET, France’s...
Usd/cad languishes near its lowest level since september 2022, just above mid-1.3100s
USD/CAD drops to its lowest level since September 2022 during the Asian session on Thursday. The overnight rally in Oil prices underpins the Loonie an...
Gold price forecast: xau/usd prods $1,930 support ahead of multiple central bank news – confluence detector
Gold Price lacks clear directions as bears struggle with $1,930 key support. Fed Chair Powell’s unimpressive testimony, off in China restricts immed...
Gold price forecast: hovering near 3-month low amid fed rate hike speculation
Gold prices are steady as talk of Fed rate hikes drive uncertainty, with investors awaiting fresh economic data to gauge gold’s future. The post Gol...
Trade ideas thread - european session 22 june 2023
The risk rotation continues to play out and that is one of the major themes in markets this week. I'm still trying to find a balance in viewing whethe...
New zealand goods exports up 2.8% yoy in may, imports rose 4.4% yoy
New Zealand’s monthly trade balance in May registered smaller surplus than anticipated, clocking in at NZD 46m against expected NZD 350m. This outco...
Gold continues to look heavy on the week
I probably don't have to keep hammering on this subject but the chart is certainly one of the more interesting ones to watch so far this week. Gold ha...
Boj noguchi: important to maintain monetary easing
BoJ board member Asahi Noguchi underlined the necessity of maintaining monetary easing as Japan navigates signs of wage growth. “What’s most impor...
Fx option expiries for 22 june 10am new york cut
There aren't any expiries that are too significant for the day, that is sitting close to where price action is at the moment at least. There is a larg...
Fed bostic: rates should stay at current level for the rest of 2023
Atlanta Fed President Raphael Bostic shared his insights on the current monetary policy landscape in an interview on Yahoo Finance. Bostic argued for ...
