Subscribe To
Uk payrolled employment fell -11k in sep, pay growth slowed to 5.7% yoy
In September, UK payrolled employment fell -11k. Median monthly pay rose 5.7% yoy, slowed notably from August’s 7.7% yoy. Annual growth in median pa...
Coinbase denies imposing weekly limit on withdrawals amid social media frenzy
In a recent social media uproar, Coinbase has emphatically denied allegations that it had instituted a $5,000 per week limit on Bitcoin withdrawals. T...
Valuable capital venturing into saudi arabia’s securities market
This allows VCFC to expand into the Saudi Arabian financial sphere and reach a potential six million individual investors. The company also indicated ...
Bitcoin etf hype fails to shake bearish $20k btc price targets
Bitcoin may have hit 17-month highs, but the ETF launch could end up a “sell the news event” and engender fresh BTC price downside, one theory arg...
Eur/usd: the euro returns to the fore, 1.07 the next challenge
The single European currency in a move that surprised many during the day yesterday very easily broke the level of 1,06 and after securing it and has ...
Cryptocurrency market capitalization sets year’s high
Amid the frenzy over expectations that the SEC will approve applications for spot bitcoin ETFs, the cryptocurrency market capitalization reached USD 1...
Usd/jpy bullish momentum seems to be fading
USD/JPY’s current year-to-date outperformance has started to dissipate based on a shorter-term one-month rolling basis. A disappointing Japan Servic...
Flailing german economy fails to breath confidence in the euro
That translates to roughly a 30-pip drop after a slight nudge higher on the French PMI headline i.e. services sector beat. But the details continue to...
Us treasuries rebound and oil retreats, but underlying risks remain the same
We continue to see high volatility in the US sovereign papers near important psychological levels where investors are invited to decide what to do nex...
Focus on pmi data today
Market movers today We will get October flash PMIs from euro area, UK and the US, which are widely expected to show that economic activity continues t...
Technical outlook and review
DXY: The DXY chart currently exhibits a bearish overall momentum, and there is a potential scenario for a bearish continuation towards the 1st support...
Nzd/usd risks a deeper pullback – uob
24-hour view: NZD fell to a low of 0.5810 yesterday before rebounding to close higher by 0.5847 (+0.32%). The rebound in oversold conditions (and lack...
A wild few minutes drive bitcoin above $35,000 as etf excitement starts to thaw the crypto winter
It was exciting enough for crypto observers when bitcoin [BTC] topped $31,000 on Monday.And then its price went straight up. Late in the day, Read Ful...
Uk breaking news: unemployment rate drops in august, gbp lifts
underscoring the difficulties that lie ahead. GBP/USD saw a slight lift after the release, helped somewhat by a weaker USD after US yields declines ye...
Eurusd technical analysis - bearish flag in the making?
US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed th...
Cornerstone fs plc announces strong fy23 outlook of £8 million
Cornerstone FS plc (LSE: CSFS), a foreign exchange and payments solutions provider, released today (Wednesday) an unaudited trading update. The compan...
France october flash services pmi 46.1 vs 44.6 expected
Prior 44.4Manufacturing PMI 42.6 vs 44.4 expectedPrior 44.2Composite PMI 45.3 vs 44.4 expectedPrior 44.1It is a bit of a contrast as the French servic...
Steady policy decision by the boj needed to propel chf/jpy onwards to 170 – rabobank
A steady policy decision by the BoJ next week may be needed to propel CHF/JPY onwards to 170 in the weeks ahead. A tweak to BoJ policy would likely sl...
Gold gains on softer u.s. bond yields, mideast uncertainty
U.S. Treasury yield declined, after briefly rising above 5% on Monday and further threatening an economic slowdown on higher borrowing costs. Read Ful...
Bitcoin bears lose $178m as prices break past $34k
Traders on crypto exchanges Binance, Huobi and OKX were hit for $50 million each, suggesting a large amount of leverage used on those platforms. Read ...
Peter schiff has a warning to bitcoin, pepe, filecoin, mina, conflux crypto bulls
Bitcoin (BTC/USD) price has surged hard in the past few days. The rally gained steam on Tuesday as the coin surged to over $35,000, the highest level ...
Bitcoin nears $32,000 – hitting its highest level this year – as confidence grows federal regulators will approve applications from blackrock and fidelity to run crypto funds
The surge came as a federal court made a ruling on Monday afternoon clearing the way for a spot Bitcoin exchange-traded fund (ETF). An ETF is a fund t...
Q3 performance of plus500: revenue jumps 5% qoq despite yearly fall
Plus500 (LON: PLUS) closed the quarter, ended on September 30, with total revenue of $168.1 million, 5 percent higher than the previous quarter but 14...
Dollar slips alongside treasury yields to start the session
And that is dragging the dollar down with it as risk trades continue to see a modest recovery. S&P 500 futures are up 0.4% while major currencies are ...
Air methods takes strategic steps to position business for long-term success
Initiates Voluntary Prepackaged Chapter 11 Proceedings to Implement Restructuring Support Agreement with Lenders to Strengthen Balance Sheet and Enhan...
European equities open slightly higher to start the day
Eurostoxx +0.2%Germany DAX +0.2%France CAC 40 +0.2%UK FTSE -0.1%Spain IBEX +0.2%Italy FTSE MIB flat10-year Treasury yields are now down 3.2 bps as the...
Gold awaits another test at $2k
Gold is holding firm after hitting fresh monthly highs last week. The metal momentum remains firmly bullish as US Treasury yields continue to rise. As...
Uk breaking news: unemployment rate drops in august, gbp lifts
The Office for National Statistics released the delayed unemployment data for August, revealing an addition of 20.4k claimants and a slight drop in th...
Marketmind: bitcoin is back, stocks wobble
A look at the day ahead in European and global markets from Ankur Banerjee:Earnings from big hitters, a crowded economic calendar and anxiety over the...
Gbp/usd: upward momentum continues to build – uob
Further upside could lift GBP/USD to the 1.2340 zone in the near term, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Se...
Bitcoin in ‘anti-gravity’ phase as etf approval nears finish line
After briefly pushing past $35,000 towards the end of the U.S. trading day, before dropping back down, bitcoin (BTC) is continuing its march back towa...
Coinbase hoses down rumors of weekly withdrawal limits on bitcoin
Coinbase has poured cold water on rumors that it had introduced withdrawal limits for Bitcoin from its platform, declaring that no such policy had bee...
Pound us dollar exchange rate trades sideways
The Pound US Dollar (GBP/USD) traded flatly at the beginning of Monday’s session, amid a lack of notable data releases. At the time of writing, GBP/...
Usd/jpy bullish momentum seems to be fading
USD/JPY’s current year-to-date outperformance has started to dissipate based on a shorter-term one-month rolling basis. A disappointing Japan Servic...
Uk unemployment rate falls to 4.2% in august
The UK unemployment rate fell in August while wage growth remained elevated. Private sector PMIs for October are out next. The post UK Unemployment Ra...
