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French inflation revised slightly upwards in march to 5.7% – final figures
PARIS(Reuters) – French annual inflation rose to a slightly revised 5.7% in March – albeit down from 6.3% in February – as lower energy prices h...
Birkin bag maker hermes sees no u.s. slowdown as sales jump 23%
By Mimosa Spencer PARIS (Reuters) -Sales at Birkin bag maker Hermes rose 23% in the first quarter, above market expectations, as wealthy shoppers in C...
Ukraine forces pull back as russia mounts ‘re-energised’ bakhmut assault, uk says
LONDON (Reuters) – Ukrainian troops have been forced to withdraw from some territory in the battlefield city of Bakhmut as Russia mounts a renewed a...
French inflation softened but core inflation accelerated in march
This morning, French inflation softened raising the prospects of a more modest 25-basis point ECB rate hike in May. However, core inflation remains an...
Spain march final cpi +3.3% vs +3.3% y/y prelim
Prior +6.0%HICP +3.1% vs +3.1% y/y prelimPrior +6.0%The readings are similar to the initial estimates, with the drop in headline annual inflation bein...
Gbp/usd price analysis: ready to refresh multi-month high above 1.2500
It’s worth noting, however, that the top line of a three-week-old rising megaphone trend widening chart formation, around 1.2690 by the press time, ...
Eur/usd aims to capture 1.1100 as fed to reconsider rate-hiking spell , ecb eyes more hikes
EUR/USD is looking to capture the critical resistance of 1.1100 as the risk-on mood strengthens. Federal Reserve is expected to reconsider further rat...
France march final cpi +5.7% vs +5.6% y/y prelim
Prior +6.3%HICP +6.7% vs +6.6% y/y prelimPrior +7.3%A marginal revision higher but the annual drop relative to February is largely due to base effects...
Gold set for 2nd weekly gain on weak dollar, fed pause hopes
Gold prices edged higher on Friday, set for a second consecutive weekly gain, as the U.S. dollar tumbled and recent economic data prompted bets that t...
Usd/jpy harmonic analysis
Technical Confluence Accompanying the AB=CD pattern is price shaking hands with the lower Bollinger Band (set to three standard deviations) and the Re...
Cliff notes: constructive developments for the consumer
Key insights from the week that was. Developments in Australia and the US this week were supportive of our views for the RBA and the FOMC. The Westpac...
World wrestling entertainment shares are under heavy demand
World Wrestling Entertainment, Inc. (WWE) has surged in 2023, jumping 50%. One chart tells the story: heavy demand for the shares. The post World Wres...
Stonex taps coinbase for offering nano crypto contracts
StoneX Financial Inc., a subsidiary of StoneX Group, has expanded its cryptocurrency offerings to clients by adding access to the full suite of Coinba...
Dxy testing the 100.82 ytd low
Markets Yesterday’s second tier US data (weekly jobless claims, PPI) undershot consensus again. It strengthened market conviction of the Fed’s tig...
Bruker shares are under heavy demand
Bruker Corp. (BRKR) has surged in 2023, jumping 23%. One chart tells the story: heavy demand for the shares. The post Bruker Shares Are Under Heavy De...
China willing to work with germany on economy, trade
BEIJING (Reuters) – China is willing to work with Germany on the economic and trade fronts, and the two countries are partners, not adversaries, its...
Saudi-houthi peace talks in yemen’s sanaa conclude with further rounds planned
By Aziz El Yaakoubi and Mohammed Alghobari The post Saudi-Houthi peace talks in Yemen’s Sanaa conclude with further rounds planned appeared first on...
Russian diplomat says it may be time to reduce number of u.s. reporters in russia
MOSCOW (Reuters) – Russia’s ambassador to the United States said Washington had threatened retaliation after Wall Street Journal reporter Evan Ger...
Switzerland march producer and import prices +0.2% vs -0.2% m/m prior
Prior -0.2%Looking at the breakdown, producer prices moved up by 0.3% on the month while import prices also climbed by 0.1% on the month. The light ch...
Dow jones newswires: hermes sees sales up 23% over a year ago, driven by tourism, new stores
The French luxury fashion house, maker of Birkin handbags, booked sales of 3.38 billion euros ($3.73 billion) in the first quarter, up 23% from a year...
James murdoch’s bodhi tree slashes planned investment in reliance jv viacom18
BENGALURU (Reuters) – Bodhi Tree, a joint venture between James Murdoch and a former Star India executive, has reduced its planned investment in Rel...
German wholesale price index up 2% year-on-year in march
(Reuters) – Germany’s wholesale price index rose in March compared with the same month last year, according to data released on Friday. The post G...
Gold, copper surging but base metal prices may lag
Schroders South Africa country head Kondi Nkosi said this week commodities typically get weighed down during recessions Read Full Story at source (may...
Gbp/usd forecast: bulls retain control near multi-month top, us retail sales awaited
The technical setup supports prospects for additional gains ahead of the US Retail Sales. The post GBP/USD Forecast: Bulls retain control near multi-m...
Fx option expiries for 14 april 10am new york cut
EUR/USD- 1.0890-00 (€2.2bn)- 1.0950 (€1.1bn)- 1.1000 (€2.0bn)- 1.1050 (€721m)- 1.1100 (€626m)USD/JPY- 130.00 ($1.2bn)- 132.00 ($1.0bn)- 133....
North korea says it tested new solid-fuel icbm, warns of ‘extreme’ horror
SEOUL (Reuters) -North Korea said on Friday it has tested a new solid-fuel intercontinental ballistic missile (ICBM) Hwasong-18 aimed at boosting the ...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3299; (P) 1.3373; (R1) 1.3414; More…. Intraday bias in USD/CAD stays on the downside fall the momentum. Fall from 1.3860, which...
Dollar dives as disinflation solidifies fed’s tightening cycle end; stocks rise
As disinflation process in the US picks up steam, Dollar continues its relentless descent, fueling the belief that Fed’s tightening cycle is close t...
Eurostoxx futures +0.2% in early european trading
German DAX futures +0.2%UK FTSE futures +0.2%This comes after the more positive showing in Wall Street yesterday as well. US futures are looking a bit...
Dax set for a bullish open ahead of us stats and bank earnings
It is a busy day for the DAX. Finalized euro area inflation figures and US stats will influence. However, US bank earnings will also provide direction...
Eu cannot trust china unless it seeks peace in ukraine -borrell
(Reuters) – European Union foreign policy chief Joseph Borrell said it would be hard for Europe to trust China if it did not try to find a political...
Germany march wholesale price index +0.2% vs +0.1% m/m prior
Prior +0.1%Wholesale price index +2.0% y/yPrior +8.9%German wholesale prices increased slightly on the month but the annual change sees a sharp pullba...
Singapore unexpectedly leaves monetary policy unchanged as risks grow
SINGAPORE (Reuters) -Singapore’s central bank on Friday left its monetary policy settings unchanged, reflecting the city-state’s concerns about it...
Uae confirms to imf support of $1 billion to pakistan – finance minister
ISLAMABAD (Reuters) – The United Arab Emirates has confirmed to the International Monetary Fund that it will provide support of $1 billion to Pakist...
Usd/cad licks its wounds above 1.3300 amid sluggish oil price, downbeat us dollar ahead of key statistics
USD/CAD holds lower grounds at two-month bottom, down for the fifth consecutive day. WTI crude oil struggles to recover amid sluggish data, mixed OPEC...
