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Spain april final cpi +4.1% vs +4.1% y/y prelim
HICP +3.8% vs +3.8% y/y prelimThe good news at least is that annual core inflation is seen easing slightly from 7.5% in March to 6.6% in April. But as...
Usd/cad forecast: bulls now await move beyond 100 dma before placing fresh bets
The fundamental backdrop still favours bulls and supports prospects for further gains. Read Full Story at source (may require registration) The post U...
Cad in business apparel market research | 2023-2030
The Global CAD in Business Apparel market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2030. In 2021, th...
Gbp/usd recalls boe-induced fall to 1.2500 on downbeat uk gdp, us inflation clues eyed
Unless providing a daily closing beyond a two-month-old previous support line, around 1.2540 by the press time, the GBP/USD buyers remain off the tabl...
Gbp/usd goes into correction
Inflation drivers continue to paint a mixed picture, but inflation is likely to head lower through 2023 in the US and euro area. Price pressures from ...
Usd/try forecast: turkish lira waits for its defining moment
The Turkish lira is bracing for major moves in the next few days as the country goes to a tight election. The USD/TRY exchange rate is trading at an a...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9751; (P) 0.9764; (R1) 0.9785; More… EUR/CHF’s correction from 0.9995 might extend lower. But downside should be contained ab...
Market analysis: gold price and crude oil price could extend losses
Gold price is moving lower below the $2,025 support. Crude oil price is correcting gains and might decline toward the $68.85 support......
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8679; (P) 0.8707; (R1) 0.8752; More… Intraday bias in EUR/GBP is neutral for consolidation above 0.8660. Still, current decline...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6204; (P) 1.6261; (R1) 1.6344; More… Intraday bias in EUR/AUD remains neutral for the moment. With 1.6354 support turned resist...
Daily report: gbp/usd eyeing break of $1.25
GBP/USD: Downside Move Unsurprising GBP/USD initially rose following the announcement to increase the Bank Rate, though it failed to find acceptance n...
Eur/jpy daily outlook
Daily Pivots: (S1) 146.15; (P) 146.88; (R1) 147.61; More…. Intraday bias in EUR/JPY remains on the downside at this point. Fall from 151.60 short te...
Global biopharmaceuticals market is expected to have a value of usd 566 billion in 2032; cagr of 8.2%
According to Market.us, The increase in chronic disorders has led to a high demand for biopharmaceutical products, which is a major driving factor. Ne...
France april final cpi +5.9% vs +5.9% y/y prelim
HICP +6.9% vs +6.9% y/y prelimNo change to the initial estimates with core inflation seen increasing to 6.3% y/y in April. That's not exactly a positi...
Nzd/usd to advance nicely toward 0.65 by year-end – anz
GBP/USD stays defensive near 1.2520 even as it renews intraday high ahead of the all-important UK Gross Domestic Product (GDP) data during early Frida...
Gbp/usd: downside bias continues to build up – uob
GBP/USD has lost its recovery momentum and retreated to the 1.2500 area in the European morning on Friday. The data from the UK showed that GDP contra...
Gbp/usd future overview
GBP/USD: Time to Short? By Scott Barkley – Apr 27, 2023 2 Bearish: GBP/USD is currently at 1.2440 in a range and a breakout of slope support. If we ...
Usd could make a bit of a comeback assuming a scenario of no debt crisis – nbf
GBP/USD has lost its recovery momentum and retreated to the 1.2500 area in the European morning on Friday. The data from the UK showed that GDP contra...
China equities bulls in need of fresh liquidity
China’s benchmark stock indices have underperformed against the rest of the world. Weak macro data and geopolitical risk have reinforced the recent ...
Gbp pulls lower
GBP/USD goes into correction The pound retreated after the BoE warned that the impact of rate hikes will be felt in coming quarters. From the daily ch...
Elliott wave forecast: dollar index ($dxy) rally should fail
Short Term Elliott Wave View on Dollar Index ($DXY) suggests that the rally from 4.14.2023 low is in progress as a zigzag structure. Up from 4.14.2023...
Dow jones newswires: u.k. economy ekes out growth in first quarter
Gross domestic product grew 0.1% from January to March compared with the previous three-month period, the same as in the fourth quarter of 2022 Read F...
Boe not done fighting inflation
Market movers today The US releases consumer confidence from University of Michigan for May, where the most interesting part is the inflation expectat...
Usd/cad struggles around weekly top near 1.3500 as softer oil price jostles with usd retreat
US inflation clues, debt ceiling updates and banking news eyed for clear directions. Read Full Story at source (may require registration) The post USD...
Gbp/cad news: pound to canadian dollar rate muted amid uninspiring boe guidance
At the time of writing, GBP/CAD traded around CA$1.16875, showing little movement from Thursday’s opening rates. The Pound (GBP) lacked support duri...
Dollar rallies above key technical level despite soft inflation, jobs data
As expected, the Bank of England (BoE) raised the rates by 25bp for the 12th time yesterday, and Governor Bailey left the door open for further rate h...
China equities bulls in need of fresh liquidity
China’s benchmark stock indices have underperformed against the rest of the world. Weak macro data and geopolitical risk have reinforced the recent ...
Uk gdp contracted -0.3% mom in march; services main contributor to decline
UK GDP saw a contraction of -0.3% mom in March, significantly underperforming against expectations of being flat. The contraction was primarily driven...
Uk gdp numbers for march likely to disappoint the bank of england
The UK economy was in the spotlight this morning. BoE Chief Economist Huw Pill will also draw interest after the BoE’s optimistic economic outlook. ...
Gold price forecast: lower as investors await clear signals on fed rate hikes, debt talks
Gold prices slip as U.S. Dollar strengthens, cushioned by economic fears, while investors anticipate rate hike pause and seek clear signals from Fed. ...
Bitcoin price dips to lowest in weeks
A drop in liquidity, congestion on the Bitcoin blockchain and a US regulatory crackdown have sapped sentiment in the crypto sector. Read Full Story Th...
An unspoken truth, the fed’s goal of inflation at 2% is not easily attainable
At the center of a contracting GDP which is putting tremendous stress on the American economy is the Federal Reserve’s mission statement of taking i...
Eurostoxx futures +0.4% in early european trading
German DAX futures +0.3%UK FTSE futures +0.3%This somewhat mirrors the mood in US futures, which are seen up about 0.2% currently. European equities s...
Technical outlook and review
DXY: Currently, the DXY is demonstrating a robust bullish momentum. Despite this, there’s a possibility of a further drop to the 1st support in the ...
Intraday analysis – gbp pulls lower
GBPUSD goes into correction The pound retreated after the BoE warned that the impact of rate hikes will be felt in coming quarters. From the daily cha...
