US economic data is nil today but we will get a chance to hear from Fed speakers as the market has pared November rate cut pricing down to just 88% for 25 bps and a 12% chance of no change.First up is the Fed hawk and dissenter Bowman at 1 pm ET. She is participating...
Prop365 Introduces Innovative Prop Trading Firm
Prop365 is proud to introduce its prop trading firm, which will provide traders with a platform to attain funding, tools, and educational resources to enhance their trading experience and achieve exceptional results. With a global reach from its UK headquarters,...
FBS Analysts Examine the Impact of US Interest Rate Cut on the Crypto Market
FBS, a leading global broker, has released a new analysis exploring how anticipated U.S. interest rate adjustments could influence the cryptocurrency market, with a particular focus on Bitcoin. According to FBS analysts, the Federal Reserve's monetary policies play a...
Milton is expected to intensify into a Category 5 hurricane
The latest data from both NOAA and Air Force Hurricane Hunter aircraft indicate that Milton continues to rapidly strengthen and has now become a Category-3 hurricane. "The radar analysis below shows a very strong, compact inner core that continues to intensify...
Forexlive European FX news wrap: Treasury yields extend the gains
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,...
Hurricane hunters sees hurricane Milton as a major hurricane
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,...
ING says an October ECB cut is not guaranteed
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 – Strong macro and geopolitical drivers in action
Fundamental OverviewCrude oil rallied strongly last week following the tensions in the Middle East between Israel and Iran. We also got some key technical breakouts that increased the bullish momentum. Last Friday, we also got a strong US NFP report which cast aside...
All eyes on Chinese equities after last week’s bank holidays
It's not everyday that major equity benchmarks move like meme stocks.Chinese equities have been an a rip since the country came out with their new stimulus plans, and there has been numerous articles of big players rushing in and desperately trying to get some China...
US 10-year treasury yields back above 4%
10-year treasury yields are back above 4% in early Monday trading.US10Y back above 4 percentIt's been a bit of a perfect storm for bonds:Inflation expectations jolting higher alongside oil pricesBetter than expected US data pushing back against recession fears (this...
Risk is trading mostly cautious so far across major asset classes
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,...
USDCHF Technical Analysis – We finally broke out of the range
Fundamental OverviewThe USD rallied across the board last Friday following the hot US NFP report. The market priced out all the aggressive expectations and it’s now finally in line with the Fed’s projections. The focus remains on the economic data. If we keep getting...
Eurozone retail sales YY 0.8% vs 1.0% expected
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,...
Reserve Bank of India Urges Banks to Avoid Large Short Bets as Rupee Nears Record Low
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,...
Euro Zone Investor Morale Rebounds in October Amid Rising Expectations
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,...
Tickmill Announces the IB Grand Prix: A $125,000 Competition for Introducing Brokers
Tickmill, a leading multi-asset broker, is proud to introduce the IB Grand Prix, a competition exclusively designed for Introducing Brokers (IBs). This exciting initiative, running from October 2024 to July 2025, aims to reward IBs for their efforts in expanding...
Gold Technical Analysis – Higher real yields weigh on the market
Fundamental OverviewGold lost some momentum recently following better than expected US data. Real yields rose and started to put some pressure on gold. This week we have the US CPI report on Thursday, and we might see some hedging into a potentially higher than...
Market Outlook for the Week of 7th – 11th October
This week is light in terms of economic events, which is typical for the period following the release of the U.S. NFP report. Much of the market activity this week is expected to be influenced by geopolitical events such as the conflict in the Middle East. On Tuesday,...
Japan PM’s Bold Move: No Capital Gains Tax Hike to Boost Investment
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,...
Japanese firms anticipate prolonged China slowdown, BoJ official reveals
Western Japan Firms Expect China Slowdown to Persist, Says BOJ OfficialFull Story on PiQ SuiteMany companies in western Japan, particularly in electronics, are adjusting their business plans to account for a prolonged slowdown in exports to China, according to Bank of...