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Markets pensive awaiting US PPI data

Markets pensive awaiting US PPI data

Will we get to see some fireworks today? The US PPI data coming up later will be the one to watch. And it might take on much more importance, in terms of impact, considering that markets have been rather sidelined for over a week now. It's all about how the US data...

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US unveils steep tariff hikes on Chinese chips, cars

US unveils steep tariff hikes on Chinese chips, cars

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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What are the main events to look out for today?

What are the main events to look out for today?

The market today will focus mostly on the US PPI figures even though we will also get the latest US NFIB report and hear from Fed Chair Powell. The US Core PPI Y/Y is expected at 2.4% vs. 2.4% prior, while the Core M/M measure is seen at 0.2% vs. 0.2% prior. US PPI...

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DailyForex Reveals the 5 Top-Rated Scalping Forex Brokers

DailyForex Reveals the 5 Top-Rated Scalping Forex Brokers

DailyForex analysts have unveiled the best trading platforms for scalping Forex in 2024. Scalping is a popular trading strategy in the Forex market and is one of the key trading strategies for 2024, but not all brokers allow it. Trading specialists at DailyForex have...

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Russian president Putin to visit China later this week

Russian president Putin to visit China later this week

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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Spain April final CPI +3.3% vs +3.3% y/y prelim

Spain April final CPI +3.3% vs +3.3% y/y 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,...

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What has changed after the UK jobs data?

What has changed after the UK jobs data?

The UK labour market report showed once again job losses and another uptick in the unemployment rate. On the other hand, wage growth remained sticky at high levels with the data beating expectations. Nonetheless, the data was consistent with the BoE's forecasts and...

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UK March ILO unemployment rate 4.3% vs 4.3% expected

UK March ILO unemployment rate 4.3% vs 4.3% expected

Prior 4.2%Employment change -177k vs -220k expectedPrior -156kApril payrolls change -85kPrior -67k; revised to -5kAverage weekly earnings +5.7% vs +5.5% 3m/y expectedPrior +5.6%; revised to +5.7%Average weekly earnings (ex bonus) +6.0% vs +5.9% 3m/y expectedPrior...

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Germany April final CPI +2.2% vs +2.2% y/y prelim

Germany April final CPI +2.2% vs +2.2% y/y 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,...

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