Another modest decline in GDP in Q4 followed by a slow recovery – Rabobank

Share: In the third quarter, the Eurozone economy contracted by 0.1% compared to the second quarter. Economists at Rabobank expect that the Eurozone will enter a mild recession, followed by a period of sluggish growth. The start of a recession? The Eurozone economy contracted by 0.1% in the second quarter, with a wide

Nasdaq 100, Dow and Nikkei 225 Make Headway in Morning Trading

Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, Dow Jones, Nikkei 225 Analysis and Charts ​​​Nasdaq 100 continues its recovery ​The index has recovered from the lows seen last week, after nearing the 200-day SMA. ​For the moment, the pullback from the October highs is still in place and leaves the bearish view

Market Update – October 31 – Stocks Down & Yen plummets

Asian stock markets traded mixed, with China bourses underperforming after weaker than expected PMI reports that signal ongoing weakness, especially in the manufacturing sector. Treasuries meanwhile found buyers and the US 10-year rate is down -5.7 bp at 4.84%, while the 10-year Bund yield has dropped -3.3 bp to 2.79%. Stock futures are higher across

What is the Difference Between a Meme Coin and a Regular Coin?

In the world of cryptocurrencies, there are two broad categories that coins fall into: regular coins and meme coins. Understanding the difference between these two types of coins is crucial for anyone interested in investing in or trading cryptocurrencies. Regular coins, also known as cryptocurrencies, are digital or virtual forms of currency that use cryptography

Aussie Dollar Bruised by Chinese PMI’s

AUD/USD ANALYSIS & TALKING POINTS Weak Chinese factory activity figures limit AUD upside. US CB consumer confidence in focus later today. Bulls attempt upside breakout as descending triangle resistance comes under pressure. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into

USD/JPY steadies above 149.00 amid BoJ yield cap speculation By Investing.com

The currency pair maintained its position above the 149.00 marker during the early Asian trading hours on Tuesday, registering a daily change of 0.04%. This stability comes in light of speculation around the Bank of Japan’s (BoJ) potential alterations to its Yield Curve Control (YCC) approach, as suggested by a report, which has lent support

GBP/USD now moved into a consolidative phase – UOB

Share: Economist Lee Sue Ann and Markets Strategist Quek Ser at UOB Group suggest GBP/USD is now seen trading within the 1.2085-1.2240 band in the next weeks. Key Quotes 24-hour view: We expected GBP to trade in a range of 1.2085/1.2155 yesterday. GBP dipped to a low of 1.2090 before staging a surprising sharp

Heads up: BOJ governor Ueda press conference coming up later

There will definitely be a lot to say, now especially as the Japanese yen has fallen in the aftermath of their policy decision today. But I reckon Ueda will continue to maintain that they do acknowledge firmer inflation developments but they’re not at a point yet to abandon easy policy altogether. Essentially, it should be