The dollar is now down on the day as we are seeing risk sentiment improve a little in European trading. S&P 500 futures have trimmed losses to 0.3% now, having been down from 0.7% earlier. That is seeing the dollar ease slightly across the board with EUR/USD...
OECD cuts global growth outlook as tariffs set to weigh
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bitcoin Technical Analysis – The attention turns to the FOMC decision
Fundamental OverviewBitcoin recently broke out of the two-month range to the downside following weak US data that triggered a new growth scare. The catalyst of the selloff was back on February 21st when we got the weak US PMIs coupled with a new 30-year high in the...
Ifo institute cuts Germany 2025 economic growth forecast to 0.2%
On the downwards revision, Ifo cites subdued consumer sentiment and firms being reluctant to invest as the main reasons. That said, they do see better prospects for the economy for next year with a growth forecast of 0.8%. It's important to note though that Ifo's...
Market Outlook for the Week 17th – 21st March
The week will start with the release of U.S. retail sales m/m data on Monday, followed by Canadian inflation data and U.S. building permits and housing starts on Tuesday. Wednesday’s highlight will be the monetary policy announcements from both the BoJ and the FOMC...
Italy February final CPI +1.6% vs +1.7% y/y prelim
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
SNB total sight deposits w.e. 14 March CHF 448.5 bn vs CHF 444.1 bn prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Crude Oil Technical Analysis – Growth concerns remain in the spotlight
Fundamental OverviewCrude oil has been under some strong pressure lately as a mix of negative supply and demand drivers weighed on the market. In fact, on the supply side, OPEC+ recently surprised announcing plans to increase production starting in April. The timing...
ECB’s de Guindos says trade war is bad news for the world economy
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European indices see a more tentative start to the new week
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Gold Technical Analysis – We got a new all-time high. Now what?
Fundamental OverviewGold extended the rally triggered by the soft US CPI into a new all-time high following the soft US PPI data on Thursday. The components that feed into the US Core PCE though increased the estimates for the next release. In the bigger picture...
China says consumption activity is improving but consumer confidence remains weak
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Overall risk mood stays on the defensive so far
This is mostly reflected in the mood in US futures to start the new week. S&P 500 futures are down 0.6% as techs shares are feeling heavy following a minor bounce on Friday. Despite the bit part recovery to wrap things up last week, it was still a poor showing for...
Nasdaq Futures Analysis Today
tradeCompass: Nasdaq Futures Today – Key Levels & Trade PlanNasdaq Price Analysis – Current Market ContextNasdaq Futures Price (NQ - Contract in Front): $19,589Intraday Trend: Consolidating below $19,600 resistancetradeCompass Bias: Bearish below $19,575...
FX option expiries for 17 March 10am New York cut
There is a monstrous set of expiries for EUR/USD today but it is at the 1.0600 level. As such, it shouldn't see much impact despite the extravagant size. That especially the recent developments since Friday supporting a more bullish euro. So, there is just really one...
Gold Futures Analysis Today
Gold Futures Today by tradeCompass – Key Levels & Trade PlanGold Price Analysis – Current Market ContextGold Futures (GC - Contract in Front) Price: $2,993.3Intraday Change: -0.26% from Friday’s closetradeCompass Bias: Bearish below $3,001.5, Bullish above...
ANZ bumps up China 2025 GDP growth forecast to 4.8% from 4.3% previously
Well, the 4.3% forecast was on the lower side compared to most analyst estimates coming into this year. That especially since the uptick in sentiment in October, though I would argue that the more detailed fiscal plans from China remain lacking. But over the weekend,...
Trump says there may be something to announce on Russia-Ukraine talks on Tuesday
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trump reaffirms that reciprocal tariffs will happen on 2 April
No intention of making exemptions on steel, aluminum tariffsWill impose reciprocal and sectoral tariffs on 2 AprilReciprocal tariffs on countries will come alongside auto dutiesWell, that's what he has been saying with all tariffs since the beginning. Yet, we all know...
ForexLive Asia-Pacific FX news wrap: Bessent cited in US equity index futures weakness
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...