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The Leading Online Trading Expo is Coming to Mexico

The Leading Online Trading Expo is Coming to Mexico

iFX EXPO LATAM 2024 is set to take place in Mexico City on April 9-11, 2024. This global online trading event is expected to be highly sought after, with over 1.6K+ companies and 3.5K+ attendees from more than 120 countries, including thousands of traders preparing to...

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Equities retreat further to start the session

Equities retreat further to start the session

S&P 500 futuresOf note, S&P 500 futures are now down some 17 points, or 0.3%, on the day. In turn, European indices are also dribbling lower with the DAX down 0.6% and CAC 40 down 0.3% currently.This looks to be traders taking in some caution as we move...

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Swiss franc drops on softer inflation numbers

Swiss franc drops on softer inflation numbers

The Swiss franc is testing the lows for the year against the euro now, following the inflation report here. The data reaffirms that price pressures in the Swiss economy is keeping just below 2% and that puts the SNB in a rather enviable position among major central...

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Switzerland January CPI +1.3% vs +1.7% y/y expected

Switzerland January CPI +1.3% vs +1.7% 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,...

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Pound nudges a little higher after UK jobs data

Pound nudges a little higher after UK jobs data

The UK jobs data here was better than expected, even though it might come with some caveat. Traders are looking past that as the pound pushes higher with GBP/USD up from 1.2620 to 1.2640 levels currently.GBP/USD daily chartThe pair had looked like it was setting out...

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UK December ILO unemployment rate 3.8% vs 4.0% expected

UK December ILO unemployment rate 3.8% vs 4.0% expected

Prior 4.2%January payrolls change 48kPrior -24k; revised to 31kDecember employment change 72k vs 73k expectedPrior 73kDecember average weekly earnings +5.8% vs +5.6% 3m/y expectedPrior +6.5%; revised to +6.7%December average weekly earnings (ex bonus) +6.2% vs +6.0%...

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FX option expiries for 13 February 10am New York cut

FX option expiries for 13 February 10am New York cut

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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UK labour market report coming up in European trading

UK labour market report coming up in European trading

All eyes are on the US CPI data coming up later today. And only that will shake off the more tentative mood in markets to start the new week so far. The dollar is keeping steadier as we look towards European trading but I wouldn't expect much more fireworks until we...

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There’s only one game in town in markets today

There’s only one game in town in markets today

The week won't officially begin until we get the inflation numbers later. Major currencies were sidelined yesterday and while equities initially ripped higher, US stocks gave it all back to wrap up the trading day. That speaks to the tentative mood as we await the...

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