Good morning, pre-market investors and traders! 🌅 Ready to spice up your day with some hot stock insights? Let's dive into today's top 5 pre-market movers that are buzzing on Google Trends! 🚀Bit Brother Limited (BETS) 🌠: BETS is soaring, up an impressive 24% in...
Eurozone November unemployment rate 6.4% vs 6.5% 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,...
GBPUSD Technical Analysis – Back in rangebound mode
USDThe Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. The Summary of Economic Projections showed a downward revision to Growth and Core PCE in 2024 while the Unemployment...
Magnitude 6.0 earthquake reported in Western Japan region
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,...
Impact of monetary policy shocks is greater on manufacturing than services – ECB study
The study confirms what most people would expect via the impact on the economic cycle, that being manufacturing activity leading the services sector. The lead-lag analysis conducted by the ECB shows that manufacturing tends to lead for about three quarters before...
Intivion Technologies Looks to Make a Splash at iFX EXPO Dubai 2024
The countdown to the upcoming iFX EXPO Dubai 2024 is on, drawing the biggest technology providers, brokers, and more. This includes Intivion Technologies, a pioneering force in tailored CRM and VoIP solutions, who will be making a splash at the event on January 16-18...
European equities nudge a little lower 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,...
France November trade balance -€5.9 billion vs -€8.6 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,...
Germany November industrial production -0.7% vs +0.2% m/m 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,...
Switzerland December seasonally adjusted unemployment rate 2.2% vs 2.2% 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 option expiries for 9 January 10am New York cut
There is just one to take note of, as highlighted in bold.That being for USD/JPY at 143.60, which could help to limit downside price action before rolling off later in the day. That being said, the 200-day moving average at 143.35 remains the more critical support...
Dollar steadies after overnight drop, light data docket ahead in Europe
The rally in equities yesterday helped to pin the dollar back down alongside a drop in Treasury yields. There weren't any major headlines to have caused the turnaround from last week but it could be that traders are pricing in some anticipation ahead of the US CPI...
USD/JPY inches back towards test of key technical level
The pair looks poised for another drop today after the selling yesterday, down 0.3% to 143.75 currently. Of note, price is starting to move towards a test of the 200-day moving average (blue line) at 143.35 next:USD/JPY daily chartThat puts a clearer range on price...
The tale of two halves this week saw another twist in trading yesterday
Trading this week should be epitomised by a tale of two halves. The first being before the US CPI data and the second being the reaction in markets to the economic release itself on Thursday and Friday. While it seemed like we were going to carry over the mood from...
ForexLive Asia-Pacific FX news wrap: Yen, equities gain
French central bank head, and ECB Governing Council member, Villeroy speaks todayDeutsche Bank downgrade Europe equities to neutral from overweight, stays fullyear bullishSeuz shipping - container carriers have entered agreements with Houthis to avoid attackFederal...
French central bank head, and ECB Governing Council member, Villeroy speaks today
French central bank head, and thus a member of the European Central Bank Governing Council (the policy setters at the Bank), François Villeroy de Galhau gives his New Year's address to the financial sector today, Tuesday, 9 January 2024. Scheduled for 1730 GMT, which...
Deutsche Bank downgrade Europe equities to neutral from overweight, stays fullyear bullish
In a note on Monday Deutsche Bank downgraded European stocks to neutral.DB are wary in the short term:"We expect markets to go mostly sideways with a mild setback of not more than 5% from current levels, predominantly in parts of the market that have seen the biggest...
Seuz shipping – container carriers have entered agreements with Houthis to avoid attack
Dow Jones conveys a report in Shippingwatch (may be gated) that some shipping lines have made agreements with the Houthis to prevent their ships from being attacked in the Red Sea.Carriers said it was too dangerous to travel through the Red Sea and the Suez canalThe...
Federal Reserve Vice Chair for Supervision Michael Barr is speaking on Tuesday
Barr is speaking at midday US Eastern time, which is 1700 GMT. The topic of his speech is bank regulation, but I'd be betting he'll have some comments on the economy and his policy outlook at any Q&A to follow. As a member of the Board of Governors at the Fed Barr...
Federal Reserve governor Bowman said her hawkish stance has “evolved” (less hawkish)
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,...