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Geopolitics: Israeli military is now targeting Beirut

Geopolitics: Israeli military is now targeting Beirut

Geopolitics: Israeli military says it is now targeting BeirutHezbollah also stated it's top commander Ahmed Wahbi was killed during Israelis strike on Beirut suburbsIsreal attack targeted Hezbollah leader Ali Karaki Iran warned Israel of “dangerous consequences”...

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European equities end mixed, US shares edge higher

European equities end mixed, US shares edge higher

Major European indices closed mostly higher to start the week, but the gains were modest. The gains and mostly indices come despite weaker S&P/Global PMI flash data.A snapshot of the closing levels show:German Dax, +0.58%France's CAC, +0.06%UK FTSE 100,...

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EURUSD finds willing sellers at the 100 hour MA

EURUSD finds willing sellers at the 100 hour MA

The EURUSD moved higher to test the 100 hour MA, but did find willing sellers. The flash PMI was weaker but the inflation data was higher with S&P Global saying, the "prices charged for goods and services are both rising at the fastest rate support six months"....

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The market is too optimistic on the euro – Deutsche Bank

The market is too optimistic on the euro – Deutsche Bank

EURUSD dailyDeutsche Bank expects the euro to fall back to 1.08 by year end.They mainly take issue with the dollar side of the trade, noting that most G10 central banks are priced to converge to a terminal rate of around 2-3%. By virtue of the Fed having the most to...

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Canada August new housing price 0.0% vs +0.2% prior

Canada August new housing price 0.0% vs +0.2% 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,...

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Fed’s Bostic: I supported a 50 bps cut as a compromise

Fed’s Bostic: I supported a 50 bps cut as a compromise

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,...

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