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Us treasuries rebound and oil retreats, but underlying risks remain the same
We continue to see high volatility in the US sovereign papers near important psychological levels where investors are invited to decide what to do nex...
October 24, 2023, 7:33 am
Focus on pmi data today
Market movers today We will get October flash PMIs from euro area, UK and the US, which are widely expected to show that economic activity continues t...
October 24, 2023, 7:32 am
Technical outlook and review
DXY: The DXY chart currently exhibits a bearish overall momentum, and there is a potential scenario for a bearish continuation towards the 1st support...
October 24, 2023, 7:29 am
Nzd/usd risks a deeper pullback – uob
24-hour view: NZD fell to a low of 0.5810 yesterday before rebounding to close higher by 0.5847 (+0.32%). The rebound in oversold conditions (and lack...
October 24, 2023, 7:29 am
A wild few minutes drive bitcoin above $35,000 as etf excitement starts to thaw the crypto winter
It was exciting enough for crypto observers when bitcoin [BTC] topped $31,000 on Monday.And then its price went straight up. Late in the day, Read Ful...
October 24, 2023, 7:29 am
Uk breaking news: unemployment rate drops in august, gbp lifts
underscoring the difficulties that lie ahead. GBP/USD saw a slight lift after the release, helped somewhat by a weaker USD after US yields declines ye...
October 24, 2023, 7:29 am
Steady policy decision by the boj needed to propel chf/jpy onwards to 170 – rabobank
A steady policy decision by the BoJ next week may be needed to propel CHF/JPY onwards to 170 in the weeks ahead. A tweak to BoJ policy would likely sl...
October 24, 2023, 7:14 am
Gold gains on softer u.s. bond yields, mideast uncertainty
U.S. Treasury yield declined, after briefly rising above 5% on Monday and further threatening an economic slowdown on higher borrowing costs. Read Ful...
October 24, 2023, 7:14 am
Bitcoin bears lose $178m as prices break past $34k
Traders on crypto exchanges Binance, Huobi and OKX were hit for $50 million each, suggesting a large amount of leverage used on those platforms. Read ...
October 24, 2023, 7:14 am
Peter schiff has a warning to bitcoin, pepe, filecoin, mina, conflux crypto bulls
Bitcoin (BTC/USD) price has surged hard in the past few days. The rally gained steam on Tuesday as the coin surged to over $35,000, the highest level ...
October 24, 2023, 7:14 am
Bitcoin nears $32,000 – hitting its highest level this year – as confidence grows federal regulators will approve applications from blackrock and fidelity to run crypto funds
The surge came as a federal court made a ruling on Monday afternoon clearing the way for a spot Bitcoin exchange-traded fund (ETF). An ETF is a fund t...
October 24, 2023, 7:14 am
European equities open slightly higher to start the day
Eurostoxx +0.2%Germany DAX +0.2%France CAC 40 +0.2%UK FTSE -0.1%Spain IBEX +0.2%Italy FTSE MIB flat10-year Treasury yields are now down 3.2 bps as the...
October 24, 2023, 7:08 am
Gold awaits another test at $2k
Gold is holding firm after hitting fresh monthly highs last week. The metal momentum remains firmly bullish as US Treasury yields continue to rise. As...
October 24, 2023, 7:06 am
Marketmind: bitcoin is back, stocks wobble
A look at the day ahead in European and global markets from Ankur Banerjee:Earnings from big hitters, a crowded economic calendar and anxiety over the...
October 24, 2023, 6:44 am
Gbp/usd: upward momentum continues to build – uob
Further upside could lift GBP/USD to the 1.2340 zone in the near term, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Se...
October 24, 2023, 6:44 am
Bitcoin in ‘anti-gravity’ phase as etf approval nears finish line
After briefly pushing past $35,000 towards the end of the U.S. trading day, before dropping back down, bitcoin (BTC) is continuing its march back towa...
October 24, 2023, 6:29 am
Coinbase hoses down rumors of weekly withdrawal limits on bitcoin
Coinbase has poured cold water on rumors that it had introduced withdrawal limits for Bitcoin from its platform, declaring that no such policy had bee...
October 24, 2023, 6:29 am
Pound us dollar exchange rate trades sideways
The Pound US Dollar (GBP/USD) traded flatly at the beginning of Monday’s session, amid a lack of notable data releases. At the time of writing, GBP/...
October 24, 2023, 6:29 am
Uk unemployment rate falls to 4.2% in august
The UK unemployment rate fell in August while wage growth remained elevated. Private sector PMIs for October are out next. The post UK Unemployment Ra...
October 24, 2023, 6:27 am
Intraday analysis – usd probes support
USDCHF looks for support The US dollar drifted lower as Treasury yields pulled back from its 16-year high. The greenback has retraced half of its gain...
October 24, 2023, 6:20 am