MUFG has revised its outlook for the Bank of England (BoE), now expecting back-to-back rate cuts before year-end. This adjustment reflects growing evidence of decelerating economic growth in the UK.Key Points:Recent sentiment indicators, including the GfK consumer...
The NZDUSD and the AUDUSD has moved lower,but are finding dip buyers near targeted support
In this video, I take a look at 2 of the commodity pairs from the Asia-Pacific area. Both the NZDUSD and the AUDUSD are trading lower today breaking support targets on the way, but each is also reaching support targets and finding some buyers against the levels. What...
Biden: US is discussing Israel striking Iran oil facilities
The President said the the US is discussing Israel striking Iran oil facilities, according to Bloomberg.There is some important nuance in this statement:Biden was asked if he would support the US supporting Israel striking Iran's oil facilities. Biden responded: We...
US factory orders for August -0.2% versus 0.0% 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,...
US September ISM services 54.9 vs 51.7 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,...
US President Biden says not expecting Israeli response to Iran today
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,...
Mixed signals: Tech edges up while consumer sectors falter
Stock heatmap by FinViz.com Thu, 03 Oct 2024 13:46:04 GMTMixed signals: Tech edges up while consumer sectors falterThe US stock market is sending mixed signals today, with technology stocks finding some traction while consumer sectors face headwinds. Investors...
Major US stock indices are trading lower to start the day
The major US stock indices are trading lower at the start of the trading day. Just ahead of the PMI nonmanufacturing data, the:Dow industrial average is down -254.84 points or -0.60% at 41941.68S&P index -13.29 points or -0.23% at 5696.25.NASDAQ index -7.63 points...
US September final S&P Global Services PMI 55.2 vs 55.4 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,...
The story remains the same for the USDCHF as the “Red Box” resistance target stalls rise.
If you have been reading or watching my videos, I have been harping on the up-and-down trading range in the USDCHF with 0.83996 as the floor and 0.85368 as the ceiling. Today, the price moved higher after weaker CPI data in Switzerland. The price high reached up to...
Canada S&P Global services PMI falls to six-month low, employment drops
Services PMI drops to 46.4 from 47.8, signaling accelerating contractionNew business falls at fastest clip since December 2020Employment declines sharply, most since July 2020Inflation pressures ease, but remain elevatedFirms pin hopes on future rate cuts to boost...
US stocks set for some selling at the open but Nvidia perks up
S&P 500 futures are down 17 points shortly before today's open. One stock in focus is Nvidia, which is up 1.8% pre-market. Late yesterday, CEO Jensen Huang said on CNBC that demand for its next-generation Blackwell chips is "insane"."Everybody wants to be first...
Kickstart the FX trading day for Oct 3 with technical look at the EURUSD, USDJPY & GBPUSD
As the US session gets started the EURUSD and USDJPY are consolidating the recent moves (lower for the EURUSD and higher for the USDJPY). The GBPUSD is sharply lower after BOE's Bailey signalled the central bank may be more aggressive with easing. In the kickstart...
[새로운 반자동 부업] 1번 할 때마다 10~100만원 이상 돈벌기! (9분이면 1번 가능) 지금 바로 ‘이렇게’ 해보세요! [집에서 틈새 부수입 만들기]
https://www.youtube.com/watch?v=GWzUQV-bjBk 재택 부업을 비롯해, 그동안 다양한 돈버는 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 무료로 1번 시도할 때마다 최대 10~100만원 이상 돈버는 반자동 부수입 파이프라인을 만드는 새로운 방법을 소개하려고 합니다. 하루 9분이면 충분하고요! 나이 학력 무관한데다 컴퓨터, 노트북, 휴대폰 등만 있으면 직장인, 주부, 초등학생들도 누구나 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고,...
US weekly initial jobless claims 225K versus 220K 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,...
Italy plans windfall tax on companies to narrow deficit
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,...
Forexlive European FX news wrap 3 Oct
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 @Newsquawk Fed Speak Primer: Schmid, Bostic and Kashkari scheduled
Fed Speak Primer: Schmid, Bostic and Kashkari scheduledFull Primer via NewssquawkSCHEDULE(BST / EDT) 15:00 / 10:00: Fed's Schmid (2025 Voter, Neutral) to give opening remarks at a conference 15:40 / 10:40: Fed's Bostic (2024 Voter, Hawk) and Kashkari (2026 Voter,...
Libya set to restart production from largest oil field
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 September Challenger layoffs 72.821K vs 75.891K prior
Challenger layoffs 72.821K vs 75.891K prior.U.S.-based employers announced 72,821 cuts in September, a 4% decrease from the 75,891 cuts announced one month prior. It is up 53% from the 47,457 cuts announced in the same month in 2023, according to a report released...