Fundamental OverviewThe Nasdaq has been mostly consolidating around the recent highs although it managed to rise into a new high yesterday. The election uncertainty is keeping a lid on the bullish momentum for now. In fact, the election is going to be a major event...
Eurozone October final consumer confidence -12.5 vs -12.5 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,...
Eurozone Q3 preliminary GDP +0.4% vs +0.2% q/q 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,...
SNB chairman Schlegel: Ready to intervene in currency markets as necessary
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,...
S&P 500 Technical Analysis – Rangebound price action amid election uncertainty
Fundamental OverviewThe S&P 500 continues to consolidate near the all-time high as the election uncertainty keeps a lid on further gains. The election is going to be a major event for the market with a red sweep seen as the most bullish scenario, while a blue...
Euro pushes higher on German Q3 GDP beat, higher state inflation readings
EUR/USD hourly chartLooking at the near-term chart, buyers are starting to exert more control as they hold the break above the 100 (red line) and 200-hour (blue line) moving averages. The high for the day clips 1.0859 and it comes after a beat in German Q3 GDP...
Xsolla to Launch Xsolla ZK, Advancing Web3 Adoption for Video Games
Xsolla, a global video game commerce company, announces plans to launch Xsolla ZK and introduce a digital backpack of virtual items on the blockchain. Xsolla ZK is powered by ZKsync technology and will drive the continuous growth and expansion of Web3 technologies to...
Italy Q3 preliminary GDP 0.0% vs +0.2% q/q 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,...
Germany Q3 preliminary GDP +0.2% vs -0.1% q/q 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,...
Bavaria October CPI +2.4% vs +1.9% y/y 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,...
Switzerland October UBS investor sentiment -7.7 vs -8.8 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,...
Germany October unemployment change 27k vs 15k 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,...
European equities hold lower at the open to start the session
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,...
Switzerland October KOF leading indicator index 99.5 vs 105.0 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,...
Spain October preliminary CPI +1.8% vs +1.8% y/y 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,...
Spain Q3 preliminary GDP +0.8% vs +0.6% q/q 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,...
FX subdued going into European morning trade
Here's a look at the changes for dollar pairs currently:It is very much a dud with less than 10 pips change across all pairs at the moment. And the ranges for the day are also leaving a lot to be desired, so we might get some extension of that in the session ahead...
UK budget preview: What to expect this time around?
The 1-week implied volatility for the pound is at its highest since March last year, indicating that traders are a little nervous ahead of the budget announcement later. Labour will be setting their first budget in 14 years, hoping to meet their election promises and...
France Q3 preliminary GDP +0.4% vs +0.3% q/q 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,...
German recession to highlight the euro area Q3 GDP releases today
It has been the case for a while now, especially with the manufacturing sector in such a dire state. Here's the estimates for the Q3 GDP releases in key euro area countries this week:Germany -0.3% q/q (previously -0.1%)France +0.3% q/q (previously +0.3%)Spain +0.6%...