Bank of America is out with its latest fund manager survey and it's littered with red flags about a crowded stock market, particularly in US equities.This chart might stand out the most as it indicates that cash allocations are the lowest since January 2002.Combine...
New Zealand GDT dairy price index -2.8%
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,...
US November industrial production -0.1% vs +0.3% 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,...
Canadian population growth slowed +0.4% in Q3
Canadian population growth has been a major reason for the ongoing downfall of Prime Minister Justin Trudeau, though his government is now trying to reverse it.Statistics Canada is out with the Q3 population report and it shows:Quarterly growth of 176,699 people...
Canada November new housing price index +0.1% vs -0.4% 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,...
Xterio Partners with Reka to Build Emotionally Intelligent AI Agents for Gaming and Beyond
In an era where artificial intelligence is reshaping industries, Xterio is taking a bold step forward by partnering with Reka, a leading AI startup, to develop emotionally intelligent AI agents that promise to transform gaming, Web3, and beyond. These agents, powered...
Canada CPI for November 0.0% versus 0.1% estimate
Prior month 0.4%CPI MoM 0.0% versus 0.1% estimateCore CPI MoM 0.1% versus 0.4% last monthCPI YoY 1.9% versus 2.0% YoY est. Prior month 2.0%CPI Median 2.6% versus 2.4% estimate. Last month 2.5% revised higher to 2.6%CPI Trim 2.7% versus 2.5% estimate. Last month 2.6%...
US November retail sales control group +0.4% vs +0.4% 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,...
Kickstart the FX trading day with a technical look at the EURUSD, USDJPY and GBPUSD
The DZY index is trading up 0.9% in early US trading with mixed results. Versus the major currencies:EUR up 0.12%JPY down -0.21%GBP down -0.17%CHF up 0.29%CAD up 0.37%AUD up 0.46%NZD of 0.40%Below is a technical look to kickstart the trading day with a technical look...
US retail sales and Canadian CPI light up the calendar
The final piece of the Fed puzzle will be released today with the November retail sales report. This is a tricky one and it could disappoint because Thanksgiving and the Black Friday weekend were so late in November. Of course, that contrasts with a secular trend...
Profiting From the Crypto Boom: Octa Broker’s Guide to Leveraged Trading
With Bitcoin going through the roof in 2024 and the entire crypto market showing substantial growth, retail investors' interest in this asset class also peaked. But how best to profit from the changes occurring in the crypto market and what avenues of investment to...
AUDUSD Technical Analysis – The greenback remains supported into the FOMC
Fundamental OverviewThe USD continues to consolidate around the highs except against the commodity currencies where it’s been having the upper hand. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was...
Floki Expands Presence in UAE as Sponsor of the 2024 World Tennis League
Held at the Etihad Arena in Abu Dhabi from December 19 to December 22, this year’s event combines world-class tennis with live music, set to captivate millions of fans worldwide.The 2024 WTL boasts a roster of top-ranked athletes, including: Aryna Sabalenka, Iga...
USDCAD Technical Analysis – A look at the chart ahead of the Canadian CPI
Fundamental OverviewThe USD continues to consolidate around the highs except against the commodity currencies where it’s been having the upper hand. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was...
Germany December ZEW survey current conditions -93.1 vs -93.0 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,...
Eurozone October trade balance €6.8 billion vs €12.5 billion 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,...
ECB’s Kazimir: We will discuss neutral rate once we near 2.5%
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,...
ECB’s Rehn: Monetary policy will cease to be restrictive during late winter, early spring
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,...
GBPUSD Technical Analysis – FOMC and BoE in focus
Fundamental OverviewThe USD continues to consolidate around the highs except against the commodity currencies where it’s been having the upper hand. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was...
ECB’s Rehn: The direction of our monetary policy is clear
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,...