Share: US S&P Global Composite PMI held steady at 50.7 in November’s flash estimate. US Dollar Index stays in negative territory at around 103.50. The economic activity in the US private sector continued to expand at a modest pace in early November, with S&P Global Composite PMI holding steady at 50.7. The Manufacturing
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Gold (XAU/USD) Analysis, Prices, and Charts Gold looking to push higher despite quiet conditions. Gold ignoring higher US bond yields. Recommended by Nick Cawley Traits of Successful Traders DailyFX Economic Calendar Gold is edging higher in a quiet market and looks ready to re-test both $2,000/oz. and the recent multi-month high at a fraction under
US30 As mentioned during yesterday’s market analysis, the US30 outperformed the US100 for a third consecutive day. The key reasons are the index being priced at a more competitive level and being more exposed to defensive stocks. The Dow Jones rose a further 0.23% before losing momentum towards the end of the US session. The
Lagarde said that her son “ignored me royally, which is his privilege”. And that he “lost almost all the money that he had invested”. “It wasn’t a lot but he lost it all, about 60% of it. So when I then had another talk with him about it, he reluctantly accepted that I was right.
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 – Analysis and Charts FTSE 100 continues to be side-lined The FTSE 100 continues to be range bound below the 55-day simple moving average (SMA) at 7,505. Despite UK consumer confidence rising in November a negative bias has been seen since
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The exchange rate witnessed a notable drop to 17.17 during European trading hours today, as market participants digest the culmination of the Federal Reserve’s interest rate hikes and anticipate further economic indicators from S&P Global PMI data. Earlier this week, on Tuesday, the Federal Open Market Committee (FOMC) released minutes that were perceived as hawkish,
Share: Silver oscillates in a narrow trading band for the second successive day on Friday. Bullish oscillators on the daily chart support prospects for some short-term gains. A breakout through an ascending trend line is needed to confirm the bullish bias. Silver (XAG/USD) continues with its struggle to gain any meaningful traction and
EUR/USD ANALYSIS Mixed euro area inputs are providing no firm guidance as to the path forward. German Ifo business climate report and ECB officials under the spotlight. EUR/USD consolidating in anticipation of fundamental catalysts. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights
