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European bond yields jump higher as inflation continues to stick around
- 10-year French bond yields up 7 bps to 3.145% - highest since February 2014
- 10-year Spanish bond yields up 7 bps to 3.700% - highest s...
Gold price forecast: xau/usd hangs near ytd low amid stronger usd, fed rate hike jitters
Hawkish Fed expectations, elevated US bond yields underpin the Greenback. Recession fears lend support to the safe-haven XAU/USD and help limit losses...
Bitcoin core developer luke dashjr calls out unauthorized ordinal nft with his name
One of the core developers of Bitcoin is disavowing an auction for an ordinal that incorporated some of the code he contributed to the digital asset p...
Bitcoin depot converts btc atms to software to reduce operating costs
Bitcoin Depot recently converted all of its 7,000 crypto ATMs and kiosks to a software-based offering powered by BitAccess. Read Full Story The post B...
Eur/usd holds key support ahead of euro area cpi
EUR/USD’s rebound on Monday from near-strong support could be a sign that the single currency isn’t ripe to break lower ahead of the key Euro area...
Swiss kof rose to 100, an encouraging upward trend
Swiss KOF Economic Barometer rose for the third month in a row, from 97.4 to 100 in February, hitting the long-term average. It’s also above expecta...
At a cagr of 12.1%, the global parental control software market size is forecasted to enter $3.9 billion by 2030, study by zion market research
According to a market research study published by Zion Market Research, the demand analysis of Global Parental Control Software Market size & share re...
Sec subpoenas robinhood over crypto listings
Robinhood said: To the extent that the SEC or a court determines that any cryptocurrencies supported by our platform are securities, that determinatio...
Swiss gdp stagnated in q4, challenging international environment curbed manufacturing and exports
Swiss GDP stagnated in Q4, worse than expectation of 0.3% qoq. Looking at some details by production approach, manufacturing contracted -0.3% qoq. Con...
Japan’s lower house of parliament passes record budget
TOKYO (Reuters) – The lower house of Japan’s parliament passed on Tuesday a record 114.4 trillion yen ($839.3 billion) budget for the next fiscal ...
Uk grocery price inflation hits record 17.1%
By James Davey LONDON (Reuters) – British grocery inflation hit 17.1% in the four weeks to Feb. 19, another record high, dealing the latest blow to ...
Norse atlantic adds new us destinations from uk’s gatwick as demand surges
LONDON (Reuters) – Norway-based airline Norse Atlantic said it will add Los Angeles, San Francisco, Washington, D.C., and Boston to its summer sched...
French inflation comes in hotter than expected in february
Economic data from France supports a 50 basis point rate hike in March, with a pickup in French inflation likely to be of some concern for the ECB. Th...
Spain february preliminary cpi +6.1% vs +5.7% y/y expected
- Prior +5.9%
- CPI +1.0% m/m
- Prior -0.2%
- HICP +6.1% vs +5.5% y/y expected
- Prior +5.9%
- HICP +1.0% vs +0.5%...
Switzerland february kof leading indicator index 100.0 vs 98.0 expected
- Prior 97.2; revised to 97.4
The outlook continues to improve for the Swiss economy and that ti...
Switzerland q4 gdp 0.0% vs +0.1% q/q expected
- Prior +0.2%
Swiss economic growth comes in flat in Q4 last year, with 2022 GDP as a whole seen...
Eurusd rebounds off 7-week low near uptrend line
EURUSD is battling with the medium-term uptrend line as the market sank towards a new seven-week low of 1.0530 on Monday. The 20- and 50-day simple mo...
Dollar holds firmer to start european morning trade
The greenback is firmer across the board and is trading at the highs for the day now, following the French infl...
Usd/chf: sideways correction completion may indicate a further fall
The USDCHF pair seems to be forming a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Its final part, wave Ⓩ, is under development. It is assumed that the wave �...
Eu and uk struck a deal to reform northern irish protocol
Markets The EU and the UK struck a deal to reform the Northern Irish Protocol. Dubbed the Windsor Framework, the agreement entails a so-called green l...
Dax 40 recoups losses
The Dax 40 bounced back helped by the optimism from a EU-UK trade deal on Northern Ireland. On the daily chart, the trajectory remains up and the late...
France february preliminary cpi +6.2% vs +6.1% y/y expected
- Prior +6.0%
- CPI +0.9% vs +0.7% m/m expected
- Prior +0.4%
- HICP +7.2% vs +7.0% y/y expected
- Prior +7.0%
- H...
Nzd/usd sees limited rebound
The New Zealand dollar continues to struggle after downbeat retail sales in Q4. A break below January’s low of 0.6200 on the daily chart confirms th...
France q4 final gdp +0.1% vs +0.1% q/q prelim
This reaffirms a marginal growth in the French economy in the final quarter of last year. Meanwhile, January co...
Eur/usd: further losses remain on the cards below 1.0625 – uob
The rebound could extend but a sustained rise above 1.0625 is unlikely (next resistance is at 1.0670). Support is at 1.0580, followed by 1.0550.” Ne...
Eur/usd tests resistance
The US dollar retreats as traders pull some chips off the table ahead of jobs data. On the daily chart, the pair is testing the critical level at the ...
Usd/jpy daily outlook
Daily Pivots: (S1) 135.92; (P) 136.23; (R1) 136.55; More… Immediate focus stays on 38.2% retracement of 151.93 to 127.20 at 136.64. Rejection by thi...
China foreign minister qin gang to attend g20 foreign ministers’ meeting
BEIJING (Reuters) – China’s foreign minister Qin Gang will attend the G20 foreign ministers’ meeting on March 2 in Delhi, the foreign ministry s...
Swiss watchdog finds credit suisse ‘seriously breached’ obligations in greensill affair
BERLIN (Reuters) -Credit Suisse “seriously breached its supervisory obligations” in connection with its business relationship with financier Lex G...
Man group fy assets under management fall in 2022
LONDON (Reuters) – British hedge fund manager Man Group posted a 4% fall in assets under management to $143.3 billion in the year to end-December, a...
Russia’s magnit opens first ‘hard discount’ stores
(Reuters) – Russia’s Magnit supermarket chain launched its first “hard discount” stores under a new brand on Tuesday, the company said, as fal...
Usd/chf daily outlook
Daily Pivots: (S1) 0.9325; (P) 0.9377; (R1) 0.9410; More… Intraday bias in USD/CHF remains neutral for consolidation below 0.9428 temporary top. Bre...
Gold looking to correct at $1800!
The yellow metal is under further pressure as economists seek the next support level. Prices at the $1800 level have not been seen in over 2-months as...
Gbp/usd daily outlook
Daily Pivots: (S1) 1.1969; (P) 1.2017; (R1) 1.2112; More… Intraday bias in GBP/USD remains neutral for the moment. Another fall is in favor with 1.2...
Aud/usd surrenders modest intraday gains, flirts with daily low amid modest usd strength
AUD/USD struggles to capitalize on its modest uptick amid renewed USD buying. Hawkish Fed expectations, elevated US bond yields help revive the USD de...
