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Cac 40 little changed as investors await cues from powell
French stocks were little changed on Tuesday as investors looked for more clues on the outlook for U.S. interest rate hikes. Read Full Story The post ...
Jasper’s market squawk 07-03-2023
Dollar Drifts Lower Ahead of Powell Testimony The benchmark US ten-year bond yield consolidated below 4.0%, putting downward pressure on the dollar th...
Eur/usd price analysis: bulls applaud ecb’s hawkish remarks
ECB policymakers support the need for more interest rate increases. January’s retail sales in the Eurozone fell by 2.3% year over year. Traders are ...
Exclusive: hantec markets’ hayel abu-hamdan talks about latam expansion, market expectations for 2023 and more
LR: Hantec Markets expanded in LATAM with a new Chile office in October last year. What does that mean for the company? Hayel: Our expansion into LATA...
Aud/usd outlook: rba raises rates with a possible end to hikes
Australia’s central bank increased its cash rate to the highest level in over a decade. The RBA omitted any mention of future rate “increases.” ...
Horizon software eyes asean dominance with new sgx connectivity
Horizon Software, an algorithmic and electronic trading technology solution provider, announced on Tuesday its new connectivity to the Singapore Ex...
Crude oil price forecast: demand projection fueled by chinese growth outlook
Demand factors have been propping up crude oil prices of recent but Fed Chair Jerome Powell may change this trend with a hawkish testimony later today...
China provides details on government departments reform, to abolish cbirc
The new body will absorb the role of the CBIRC (China Banking and Insurance Regulatory Commission), with the co...
All eyes on powell
It’s shaping up to be another relatively flat day in the markets as investors turn their attention to Capitol Hill ahead of Jerome Powell’s first ...
Argo daily btc production rises 7% in february despite network difficulty jump
Argo Blockchain (NASDAQ:ARBK, LSE:ARB), a publicly-listed ...
Usd/jpy now points to further range bound – uob
In the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, USD/JPY remains poised to extend the 134.50/137.10 range i...
Eur/usd forecast: euro bulls stay in control but powell could change that
The improving risk mood made it difficult for the US Dollar (USD) to find demand on Monday and EUR/USD climbed to a fresh two-week high. Nevertheless,...
Eurjpy pulls back from 11-week high
EURJPY has reversed back down again after finding resistance at the 11-week high of 145.55 achieved at the end of December. However, the market is sti...
Gbpusd lacks bullish conviction; resistance at 1.2045
GBPUSD is making another attempt to climb the constraining 20-day simple moving average (SMA) at 1.2045, which has been capping bullish actions over t...
Nzd/usd clings to gains near daily top, holds above 0.6200 amid modest usd weakness
NZD/USD regains positive traction on Tuesday, though any meaningful upside still seems elusive. A generally positive risk tone undermines the safe-hav...
Gold price forecast: xau/usd bulls are trying their luck to stage a rebound from 21-dma
Gold price is resuming the recent uptrend toward the three-week high of $1,858 on Tuesday, reversing a temporary drop seen a day before. Will XAU/USD ...
Metatrader 4 and 5 return to the apple appstore
The trading apps were suddenly de-listed from the online mobile store in September last year but the reasons for the removal were not disclosed. Howev...
Nzd/usd sticks to the consolidation theme near term – uob
NZD/USD is seen keeping the consolidative mood unchanged within 0.6155/0.6280 in the short-term horizon, comment Economist Lee Sue Ann and Markets Str...
Usd/cad remains confined in a range around 1.3600 mark ahead of powell’s testimony
The downside remains cushioned ahead of Fed Chair Jerome Powell’s semi-annual testimony. The USD/CAD pair continues with its struggle to gain any me...
Eur/usd might nudge back to the lower end of the 1.0600-1.0700 range – ing
Helping EUR/USD yesterday were comments from ECB ultra hawk, Robert Holzmann, that the ECB should deliver four more 50 bps rate hikes. ECB Chief Econo...
Usd falls behind
The US dollar retreats as the market awaits Fed Chair Jerome Powell’s testimony before Congress. A break above the first resistance of 1.0640 eased ...
European equities little changed at the open today
- Eurostoxx -0.1%
- Germany DAX -0.1%
- France CAC 40 -0.2%
- UK FTSE flat
- Spain IBEX -0.2%
...
U.s. dollar index (dx) futures technical analysis – traders await powell’s comments on state of economy
Powell’s testimony will be watched for any new signals on whether the U.S. central bank could reaccelerate rate hikes in response to the recent data...
Lego looks to build on 2022 sales growth with more china stores
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Toymaker Lego said store openings in China and strong demand in Western Europe and the Americas ha...
India’s adani group pre-pays over $900 million worth share-backed financing
BENGALURU (Reuters) – Embattled Indian conglomerate Adani said on Tuesday it prepaid share-backed financing of 73.74 billion rupees ($901.16 million...
Carlsberg searching for new ceo after cees ’t hart says to retire
STOCKHOLM (Reuters) – Denmark’s Carlsberg said on Tuesday Chief Executive Cees ’t Hart had decided to retire after eight years on the job, and a...
5 fascinating statistics concerning inequality in investing within the us stock market
Investing inequality. Is the stock market a problem or a solution?
The fact that the top 10% of American families own 89% of all U.S. ...
Dow jones 30 bounces back
The Dow Jones 30 inches higher as bond yields pull back from their recent highs. A bounce off December’s low of 32500 and above 33000 has prompted s...
Nzd/usd tests support
The New Zealand dollar softened after traders were underwhelmed by China’s 5% growth target. On the daily chart, the kiwi came under pressure at 0.6...
Commodities watchlist: wti crude oil (usoil)’s range resistance
U.S. crude oil prices are on track to retest its 2023 highs! Will the resistance hold again this week?......
Switzerland february foreign currency reserves chf 770.6 bn vs chf 784.4 bn prior
- Prior CHF 784.4 bn; revised to CHF 785.3 bn
After a change in policy stance to hiking interest...
Eurusd bearish impulse completes primary wave Ⓧ
The EURUSD currency pair seems to form a large corrective wave within the global impulse trend. Cycle correction IV, most likely, takes the form of a ...
Eur/usd breaks resistance
The US dollar retreats as the market awaits Fed Chair Jerome Powell’s testimony before Congress. A break above the first resistance of 1.0640 eased ...
Fed chair to reiterate rates be raised at least in line with december dots.
Markets There was every reason to expect a calm session yesterday with Friday’s correction/consolidation on yield markets to continue into today’s...
All eyes on powell
The week started with worries that China setting its growth target to 5%, a meagre target for a post-pandemic kick-off, could mean a slower global gro...