Eurozone ZEW Economic Sentiment worsens
German ZEW Economic Sentiment improves but remains negative
ECB rate decision up in the air and could go to the wire
The euro started the week higher… Read More
By JustMarkets
At yesterday’s stock market close, the Dow Jones Index (US30) increased by 0.07%, while the S&P 500 Index (US500) added 0.58%. The NASDAQ Technol… Read More
US
This week is all about the US CPI report and retail sales data. If the US demand for goods didn’t weaken that much and if inflation heated up, rate hike expectations for the Novembe… Read More
Headline Canadian inflation surges above BOC’s 1-3% target range
Mixed report as core inflation falls to 9-month low
European Natural Gas skyrockets on fears Aussie labor strikes could… Read More
By ForexTime
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy. However, Asian… Read More
US
With Wall Street very confident that the Fed won’t be raising rates in September, the focus shifts to how strong is the economy and whether it is too robust and if that could sparki… Read More
FX Weekly Recap: July 10 – 14, 2023
It wasn’t the best of weeks for dollar bulls as the U.S. currency found itself trailing behind the forex pack after seeing downbeat inflation… Read More
MARKET WRAPS
Stocks:
European stocks were stronger on Wednesday as traders awaited the U.S. inflation data, which will help determine the Federal Reserve’s interest-rate p… Read More
US
This week is all about inflation. Annual inflation will tumble as energy prices drop and due to base effects, but many traders will pay close attention to the core readings. CPI on… Read More
By JustMarkets
At the close of the stock market yesterday the Dow Jones Index (US30) increased by 0.56%, and the S&P 500 Index (US500) added 0.93%. Technology Index N… Read More
This economic gauge “dipped back below zero in less than a year”
By Elliott Wave International
In November 2020, when fears were rampant over a second wave of the coronavirus pan… Read More
By ForexTime
Most Asian equities were mixed on Tuesday as investors digested weaker-than-expected Chinese economic data. Industrial production and retail sales data from the world’s s… Read More
By JustMarkets
At yesterday’s stock market close, the Dow Jones Index (US30) decreased by 1.01%, and the S&P 500 Index (US500) fell by 0.64%. NASDAQ Techno… Read More
US
The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain confident that the economy is recession bound… Read More
By JustMarkets
At the close of the stock market yesterday, the Dow Jones Index (US30) gained 1.20%, and the S&P 500 Index (US500) increased by 0.89%. The NASDAQ Technology… Read More
Despite positive German and Eurozone ZEW Economic Sentiment statistics, EUR/USD is stagnant over 1.0800. Solid Treasury yields and a broad US Dollar rebound constrain the...
The post EUR/USD… Read More
With the US and Canada on holiday today, the trading activity was light. US major stock and futures exchanges were closed for the day. Banks and businesses were closed. The bond market was s… Read More
US
A week ago, a lot of economists were thinking the Fed was going to pick up the pace of rate hikes as disinflation trends were struggling given a robust core services inflation reading and… Read More
By ForexTime
Over the past two weeks, the EURUSD found itself trapped within a 150-pip range after bulls failed to conquer weekly resistance at 1.09.
It is worth keeping in mind tha… Read More
The euro continues to drift this week and is trading close to the 1.0820 line. This follows last week’s sharp gains of 1.8%.
German inflation falls – will eurozone follow suit?
G… Read More
By JustMarkets
The EUR/USD currency pair
Technical indicators of the currency pair:
Prev Open: 1.0820
Prev Close: 1.0787
% chg. over the last day: -0.30 %
The ZEW German Economic Sentiment… Read More
On average, companies’ energy consumption increases by 1.03 percent in a year as the use of ICT technologies increases. This is evidenced by the current analysis by the Center for Eu… Read More
By JustMarkets
The US stock market increased on Monday. Quarterly reports from Wall Street’s biggest banks mostly exceeded analysts’ expectations, which gave investors a positive… Read More
By JustForex
The US stock indices rose ahead of key inflation data, which is expected to show a further cooling in consumer prices. At the close of the stock market yesterday, the Dow Jones… Read More
US
Wall Street will pay close attention to the first look at third-quarter GDP. After two consecutive quarters of negative readings, growth is expected to bounce back into expansion territor… Read More