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,...
Trade ideas thread – Tuesday, 3 September, insightful charts, technical analysis, ideas
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,...
The August ISM manufacturing index is due on Tuesday
ISM manufacturingUS markets are closed on Monday for Labor Day but will come to life on Tuesday including some notable economic data. The highlight is the 10 am ET release of the August ISM manufacturing index.In July, the survey disappointed with a fall to 46.8...
Atlantic Hurricane map shows some life
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 equity close: Early declines erased
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,...
Mexico manufacturing PMI drops to two-year low
PMI falls to 48.5, lowest since August 2022New orders and production decline acceleratesCost inflation hits 21-month high, driven by raw material shortages and peso depreciationJob shedding continues for fourth straight monthEmployment decreased for the fourth...
Libya oil shutdown endures
WTI dailyReports on Libyan production have been mixed, with some saying it was resuming while others say it's still halted. WTI crude is flat at the moment after initially falling at the open, highlighting the uncertainty.The latest report comes from S&P Global,...
Timiraos: PCE report shows disinflation ‘relatively broad based’
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,...
Biden says he doesn’t think Netanyahu is doing enough to get a hostage deal
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,...
easyMarkets APAC Launches Pro Trader Altitude, Elevates Trading to Luxurious New Heights
easyMarkets is excited to announce the launch of the Pro Trader Altitude Club in Australia, a premium trading membership designed to offer unparalleled access to exclusive financial tools and trading conditions plus the opulence and thrill of VIP networking...
Novak: Russia to cut production to required level under OPEC+ deal by end of August
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 Buch: Europe’s banking sector has shown resilience
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,...
It’s Labor Day in North America
Remember: Safety first in the forex marketHappy Monday, especially for those of you who get the day off.It's Labor Day and that means that markets are closed in the United States and Canada. The FX market has been quiet throughout the world today, with the exception...
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Gold Technical Analysis – The calm before the storm?
Fundamental OverviewGold continues to trade in a tight range as the market awaits the key catalysts this week. As a reminder, the Fed is now very focused on the labour market as Fed Chair Powell said that they will not welcome any more weakness and will do everything...
AUD/USD buyers stay hopeful for another run at 0.6800
AUD/USD daily chartThe dollar battled in month-end trading last week and that kept a lid on AUD/USD, with sellers also holding at the July high around the figure level. The key level there will remain a focus this week, especially with the dollar side of the equation...
FP Markets Wins Double at FMPS 2024
Multi-asset Forex and CFD broker, FP Markets, further cemented its position as one of the industry’s global leaders, claiming two prestigious awards at the Finance Magnates Pacific Summit (fmps:24). The company won ‘Best Forex Spreads APAC’ and ‘Best Trading...
Weekly update on interest rates 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,...
UK August final manufacturing PMI 52.5 vs. 52.5 prelim
Final Manufacturing PMI 52.5 vs. 52.5 expected and 52.1 prior.Key findings:Manufacturing PMI at 52.5 in August. Broad-based growth by sector. Domestic market drives new contract wins.Comment:Rob Dobson, Director at S&P Global Market Intelligence “The UK...
Market Outlook for the Week of 2nd – 6th September
It's a busy week ahead in terms of economic events. Monday kicks off with a few notable releases, including the final manufacturing PMI for the eurozone. It’s also a bank holiday in Canada and the U.S. in observance of Labor Day. On Tuesday, Switzerland will release...