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China’s small loan industry continues to shrink in first half
As of the end of the second quarter, 5,688 small lenders had an outstanding loan balance of CNY827 billion (USD116 billion), down 113 and CNY45.2 bill...
Usd/cad price analysis: clings to mild losses below 1.3200 within immediate triangle, us gdp eyed
On the flip side, a convergence of the 200-Exponential Moving Average (EMA) and a descending resistance line from May 31, close to 1.3250 at the lates...
Ksa gold prices today thursday 27 july 2023
Gold prices in the Kingdom of Saudi Arabia today, Thursday, July 27, opened at SAR 7,402.50 per ounce, according to saudigoldprice.com.24-karat gold r...
Usd/jpy: can we expect the pair to rise up to its resistance level of ¥140.20?
GBP/USD scales higher for the third straight day and climbs to over a one-week high above 1.2950. The ongoing US Dollar retracement from the two-week ...
Usd/jpy outlook: remains at the mercy of usd price dynamics ahead of us gdp, boj
The upbeat market mood undermines the JPY and lends support amid a modest USD bounce. Important US macro releases eyed for some impetus ahead of the k...
Eur/usd: 1.1150 looks good intra-day resistance – ing
We do not have a strong conviction call on EUR/USD today but would say 1.1150 looks good intra-day resistance and 1.1000/1020 is now the lower end of ...
When algorithms rule finance: sec fears ai-driven conflict of interest
The US Securities and Exchange Commission (SEC) is set to introduce rules requiring broker-dealers and investment advisers to address conflicts of int...
Cmc markets’ q1 trading activity drops upto 20%
CMC Markets (LON: CMCX) provided a trading update today (Thursday), revealing a 15 percent to 20 percent year-over-year decline in client trading and ...
Volkswagen shares trade lower after reiterating guidance for the year
Volkswagen shares trade lower after reiterating guidance for the year Read Full Story The post Volkswagen shares trade lower after reiterating guidanc...
Nzd/usd: it is becoming harder to build a bullish kiwi story – anz
With no major local data for the remainder of the week, the focus remains on offshore events (especially the ECB meeting) and on longer term themes. R...
China tries to play down 'malicious' hype on qin gang's removal from minister post
Political purgings are not uncommon in China but this definitely isn't the end of the latest saga surely. The fact that Wang Yi is called back in to r...
Aud/usd holds early advance today but still respecting key levels in the big picture
After a setback from the softer Australia CPI data yesterday, the aussie currency is recovering well today as it is up 0.6% against the dollar to 0.68...
Bitcoin’s ripple effect: unveiling its impact on the global economy and financial systems
Bitcoin is a disruptive force that has developed recently, changing how people think about and interact with money. Its impact on the global economy a...
Gbp/usd: further consolidation likely near term – uob
GBP/USD scales higher for the third straight day and climbs to over a one-week high. The ongoing USD retracement slide from a two-week top act as a ta...
S&p 500 technical analysis - key resistance in sight
Yesterday, the Fed hiked the interest rates by 25 bps as widely expected and left the policy statement basically unchanged. The market was more focuse...
European equities look to bounce back in the new day
Eurostoxx +0.5%Germany DAX +0.1%France CAC 40 +0.6%UK FTSE +0.1%Spain IBEX +0.5%French stocks were the laggard yesterday amid a slump in luxury stocks...
Fx play of the day: u.s. advanced gdp to spur aud/usd reversal?
This pair seems to be done with its selloff, as price formed a double bottom pattern on its short-term time frame......
Nestlé reports half-year results for 2023
Ad hoc announcement pursuant to Art. 53 LR]This press release is also available inFrançais (pdf)andDeutsch (pdf) Follow today’s event live 14:00 CE...
Bitcoin, ether cme futures saw record participation from large traders in q2
Bitcoin futures institutional interest continued to increase throughout the quarter as investors sought regulated venues/products to hedge rising mark...
Intraday analysis – usd pulls back
EURUSD bounces off key support The US dollar slumped as the Fed raised interest rates by 25 basis points as widely expected. The pair has given back o...
Us equity indices post fomc: nasdaq, s&p 500, dow price setups
US equity indices were largely flat, hovering around year-to-date highs after the Fed hiked interest rates by the widely expected quarter percentage p...
Asia equities broadly stronger post-fomc and generally positive us and asia earnings
Asia Market Update: Asia equities broadly stronger post-FOMC and generally positive US and Asia earnings; Weaker USD post-FOMC and pre-BOJ. – In Kor...
How to use the ease of movement indicator in trading
In this article, you will learn how to trade with the ease of movement indicator and find out how to build your own ease of movement strategy......
How to use the bullish rectangle chart pattern
In this article, you will learn how to trade with a bullish rectangle chart pattern and discover how to build your own trading strategy based on it......
Fx option expiries for 27 july 10am new york cut
There is one to take note of for the day, as highlighted in bold.That being an extremely large set of expiries for EUR/USD at 1.1100-05, which is like...
Usd/chf stays bearish around 0.8600 as fed concerns weigh on us dollar ahead of us gdp
A seven-week-old rising support line, around 0.8580 by the press time, challenges USD/CHF bears from refreshing the lowest level since 2015 by breakin...
Gold price today, 27 july: gold gains despite 25 bps rate hike from us fed, dollar softens; ecb, boj eyed
On the Multi Commodity Exchange, gold August futures were trading at Rs 59,564 per 10 grams, up by Rs 103 or 0.17%. Silver September futures were trad...
Eur/usd: euro fades bullish momentum near 1.1100 as ecb seen tracing fed, us gdp eyed too
EUR/USD retreats from intraday high as it struggles to defend buyers around the 1.1100 round figure heading into Thursday’s European session. In doi...
German gfk consumer climate shows gloomy spending outlook
The German GfK Consumer Climate Indicator recovered July’s losses. However, the propensity to buy indicator will be a concern for the ECB. The post ...
Russell 2000 technical analysis - watch this key resistance for the next big move
The Fed yesterday hiked interest rates by 25 bps as expected and kept the policy statement unchanged. This outcome was already priced in, and the mark...
Eurostoxx futures +0.5% in early european trading
German DAX futures +0.4%UK FTSE futures +0.3%This comes after the Dow matches its record winning streak, which is now 13 straight days, following the ...
Oil price forecast: higher as china’s economic revival spurs optimistic outlook
WTI crude oil prices surged 1%, recovering from losses, fueled by supply tightness and optimism over Chinese demand, defying economic concerns. The po...
Germany gfk consumer sentiment edged up to -24.4 on declining inflation
Germany Gfk Consumer Sentiment for August improved from -25.2 to -24.4, slightly above expectation of -24.7. In July, Economic Expectations was unchan...
Payretailers continues to take the lead at global events
During the first semester of 2023, PayRetailers participated in significant events in the global Fintech and financial services industry, establishing...
Payretailers continues to take the lead at global events
During the first semester of 2023, PayRetailers participated in significant events in the global Fintech and financial services industry, establishing...