Market

© Reuters The euro is making strides towards the 1.0700 mark against a slightly weaker US dollar today, maintaining its momentum despite no significant shifts in market news or sentiment. The currency’s resilience comes as markets maintain a neutral risk sentiment, carrying over from last week’s risk-on movement. Investors and traders are gearing up for

ECB President Lagarde (neutral – voter) over the weekend spoke with a Greek newspaper and reaffirmed their commitment to bring inflation down to target by 2025: We are determined to bring inflation down to 2%. According to our projections we will get there in 2025. Our mandate is to ensure price stability, and this is

UPCOMING EVENTS: Monday: Japan PPI. Tuesday: UK Jobs data, German ZEW, NFIB Small Business Optimism Index, US CPI. Wednesday: Japan GDP, Australia Wage data, China Industrial Production and Retail Sales, UK CPI, US PPI, US Retail Sales, PBoC MLF. Thursday: Australia Jobs data, US Jobless Claims, US Industrial Production, NAHB Housing Market Index, New Zealand

Yesterday’s poor 30-year Treasury auction reverberated through the market but later in the day, many people were arguing that it should be ignored because a ransomware attack kept China’s largest bank — ICBC — out of bidding. Yellen now says there was no impact on the Treasury market from the attack. Could she mean that

Here is a great chart snapshot from BMO showing how Fed pricing has changed in the past year. Most of 2023 involved the market buying into the idea of higher-for-longer Fed funds but since October 18, there has been a fresh attempt to price in rate cuts, despite ongoing hawkish Fed rhetoric. That came after

The People’s Bank of China (PBOC) has reaffirmed its commitment to prudently internationalize the yuan and liberalize the financial market, as stated on Thursday. The central bank is set to increase the use of the yuan in global transactions, a move that supports global investors’ asset allocation and encourages more overseas central banks to issue

Share: One of the things famed investor Warren Buffett looks for in a company is an “economic moat,” a term he popularized long ago that essentially refers to a nearly impenetrable competitive advantage. In other words, with a moat around your business, you are protected from competition; thus, you are able to maintain

In the ever-evolving world of financial markets, traders are constantly on the lookout for tools and indicators that can provide them with a competitive edge. One such tool that has gained popularity among traders is the Market Profile MT5 Indicator. In this article, we will delve deep into the world of Market Profile, understanding what

Share: Stock market analysis and trading strategies: NASDAQ, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL Stock Market Summary: The current move up in Indices and stocks is now in its later stages Wave iii) of A that can top late Monday, but more likely Tuesday. Look

Equities and crypto were big winners this week as traders navigated between fresh business sentiment surveys,  geopolitics and central bank statements, and found plenty of reasons to lean bullish on risk.  Ready to do a quick review to stay in flow with the market environment? If so, let’s check out the major headlines first!