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Usd/cad rally continues, gdp next
The Canadian dollar is looking sharp, with gains of 1.5% this week against the greenback. The week wraps up with Canadian GDP, while the US releases t...
Xtx markets promotes dr. hans buehler to co-ceo
XTX Markets, a London-based multi-asset market maker, has promoted Dr Hans Buehler to the position of Co-Chief Executive Officer. Effective from Fr...
Eledon reports data from ongoing phase 1b trial evaluating tegoprubart in patients undergoing kidney transplantation at world congress of nephrology
Results from three participants demonstrated no incidence of acute rejection at durations of 56, 154, and 232 days Strong graft function observed in a...
Gold price uptrend limited ahead of crucial us pce inflation
Gold price uptrend continues despite shrinking volatility. US PCE inflation data on Friday has huge market implications. Federal Reserve future rate h...
Eur/usd forecast: euro bulls stay on sidelines ahead of us inflation data
EUR/USD has retreated below 1.0900 following Thursday’s rally. Annual Core HICP in Eurozone ticked up to 5.7% in March as expected. Investors eye Fe...
Eur/usd to struggle around 1.05 in h1, rebounding toward 1.10 by year-end – bofa
Economists at the Bank of America Global Research expect the EUR/USD pair to remain under pressure in the first half of the year before recovering tow...
Uk house prices fall most since 2009
UK house prices declined at the fastest pace since mid-2009 amid rising interest rates and high inflation dampening housing affordability, the Nationw...
Asia m&as drop to decade low as tumultuous backdrop deters dealmaking
By Kane Wu and Yantoultra Ngui HONG KONG (Reuters) – Mergers and acquisitions (M&A) in the Asia-Pacific region fell to a decade low in the first thr...
The week ahead 3rd – 7th april: the opec’s meeting will decide to increase or decrease the production of oil?
Welcome to Key to Markets preview of the Week Ahead Currency Pair Performance 5-day performance as of March 30, 2023. 11:00 GMT. Source: finviz.com 10...
Euro breaking news: core inflation reaches new high, validating ecb hawks
Despite a record drop in the headline measure of inflation, core inflation heads higher. Renewed expectations of ECB rate hikes and weak dollar sees E...
Markets in q1: moving fast and breaking things
By Marc Jones LONDON (Reuters) – From a red-hot January as China cast off COVID curbs to February’s flop when interest rates surged and now a mani...
Biden to announce federal funding for mississippi tornado recovery on friday
WASHINGTON (Reuters) – U.S. President Joe Biden will announce on Friday that the federal government will cover for 30 days the full cost of Mississi...
Equities risk reward ‘not necessarily fantastic’: ubs
Mark Haefele, chief investment officer at UBS Global Wealth Management, explains why his firm increasing allocation to fixed income over equities amid...
Manual resuscitators market to make usd 883.7 mn revenue by 2031 | tmr study
The global manual resuscitators market growth is driven by the rise in prevalence of respiratory failures and the increase in spending on emergency ca...
Euro area inflation softens enough for the ecb to hit pause
Inflation figures for the euro area will give the ECB some relief. However, core inflation remains elevated, which will be a concern. The post Euro Ar...
Market snapshot: u.s. stock futures pause ahead of release of fed’s preferred inflation measure
U.S. stock futures paused on Friday after two days of strong gains as traders awaited the latest data on inflation. Read Full Story The post Market Sn...
Week ahead: us jobs report may move these 3 markets
Despite the holiday-shortened week ahead for US and UK financial market, the US March nonfarm payrolls (NFP) report is set to grab hold of traders and...
Trump’s indonesia partner launches tourism complex on java
JAKARTA (Reuters) – Indonesian property firm PT MNC Land launched on Friday a 1,040 hectare (2,570 acre) tourism complex on Java island, where forme...
Daily forex news and watchlist: gbp/usd
GBP/USD is seeing a decent pullback after busting above the 1.2400 key resistance zone. Can the pair end the month with new March highs?......
Looming spring storm to spawn blizzards, ice, tornadoes across central u.s
By Steve Gorman (Reuters) – An immense spring storm emerging from the Western U.S. was expected to form a 1,000-mile (1609 km) front of extreme weat...
Euro zone inflation posts record drop but core prices accelerate
FRANKFURT (Reuters) – Inflation in the euro zone dropped by the most on record in March but growth in core prices accelerated, Eurostat data showed ...
Bond yields dip after eurozone inflation data
This may just be a repeat of what we saw yesterday when ...
Gold price forecast: xau/usd’s upside looks capped in the near term – anz
With the Fed turning more dovish in the wake of the banking issues, US yields fell and the Gold price rose. Nevertheless, economists at ANZ Bank do no...
Has bitcoin benefited from the banking crisis? not in the way its fans hoped.
Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the vir...
Bitcoin’s price down 3.19% on yesterday
he Bitcoin (BTC) price today, as of 8:11am, is £22,478, according to CoinMarketCap. It’s down 3.19% on yesterday’s figure of £23,195, 1.49% on l...
Eurozone cpi slowed to 6.9% yoy in mar, core cpi ticked up to 5.7% yoy
Eurozone CPI slowed from 8.5% yoy to 6.9% yoy in March, below expectation of 7.2% yoy. CPI core (all item ex energy, food, alcohol & tobacco) roes fro...
Ormenus coin scammers to pay $82 million as recovery and fine
The US Securities and Exchange Commission (SEC) has obtained a final judgment against the Barksdale siblings, John and JonAtina (Tina) Barksdale, s...
Eurozone february unemployment rate 6.6% vs 6.7% expected
- Prior 6.7%
Overall labour market conditions remain solid in the euro area despite the economic headwinds and that is still a posit...
Eurozone march preliminary cpi +6.9% vs +7.1% y/y expected
- Prior +8.5%
- Core CPI +5.7% vs +5.7% y/y expected
- Prior +5.6%
Headline annual i...
Gbp/usd outlook: cable eases after mixed uk data, but larger bulls are still intact
The pair retreats from weekly highs amid a broad US Dollar rebound, as investors turn cautious ahead of the Eurozone and US inflation data. GBP/USD is...
Eur/usd comes under pressure and retreats below 1.0900 ahead of data, ecb
EUR/USD reverses part of the recent multi-session upside. The greenback appears bid ahead of key data releases. EMY Flash inflation figures, ECB Lagar...
Bitcoin adjusting first quarter gains
Market picture
The crypto market's capitalisation fell by 1.1% over the past day to 1.17 trillion, which resembles profit-t...
Markets are coming around to the idea that there will be more rate hikes to come
I posted these during the course of this week:
S&p 500 technical analysis
On the daily chart below for the S&P 500, we can see that after finding support at the broken ...
Dow jones technical analysis
On the daily chart below for the Dow Jones, we can see that the buyers eventually managed to get the breakout after a long consol...
