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US MBA mortgage applications w.e. 7 March +11.2% vs +20.4% 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,...
Russell 2000 Technical Analysis – Eyes on the US CPI report
Fundamental OverviewThe Russell 2000 continues to remain under pressure with the market now down more than 18% from the all-time highs. The catalyst of the recent selloff was back on February 21st when we got the weak US PMIs coupled with a new 30-year high in the...
US CPI to reaffirm stall in disinflation progress?
Headline annual inflation is expected at 2.9% with core annual inflation expected at 3.2% in February. The monthly figures are siding with a 0.3% increase for both but the unrounded number is around 0.28% based on analyst estimates. While core annual inflation might...
Russia says waiting to hear from US on acceptability of a ceasefire
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EURUSD Technical Analysis – Some consolidation ahead of the US inflation data
Fundamental OverviewThe USD has been under some pressure in the last couple of weeks as the weaker US data and the selloff in the US stock market increased the expectations for more easing by year-end with the market now fully pricing in three rate cuts. Today we get...
ECB’s Šimkus: We will see if we cut rates or pause in April
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ECB president Lagarde says must set policy so inflation converges to 2% target
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USDJPY Technical Analysis – Focus on the US CPI
Fundamental OverviewThe USD has been under some pressure in the last couple of weeks as the weaker US data and the selloff in the US stock market increased the expectations for more easing by year-end with the market now fully pricing in three rate cuts. Today we get...
European indices look for a bounce at the open today
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Heads up: We’ll have a bunch of ECB speakers coming up
We will kick things off with Lagarde's opening address at 0845 GMT before proceeding to a bunch of debates throughout the day. You can check out the full agenda here.The first debate will be on "The Economic Environment Faced by the ECB's Monetary Policy: Key...
BOJ governor Ueda: Underlying inflation still remains below 2%
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 Futures for Today with a Uniqe AI Analysis
S&P 500 Futures (ES) – OrderFlow Intel Update📊 Market Snapshot:Current Price: 5,592Sentiment: Cautiously BullishOrderFlow Intel Score: +4 (Bullish, Awaiting Confirmation)orderFlow Intel crunches and scores the orderflow dataAdvanced Order Flow Breakdown - Behind...
Little on the agenda today as the focus is on the US CPI report
The dollar is keeping steadier in the new day but remains in a mixed spot with EUR/USD testing waters above 1.0900 while USD/JPY is catching a slight rebound back above 148.00 for now. And that's not even talking about the wild see saw ride in USD/CAD amid the whole...
EU says to respond to US steel, aluminum tariffs with countermeasures
The statement by the EU says that they will be putting forward a package of new countermeasures against US exports. Adding to that, there is also the reimposition of the suspended 2018 and 2020 rebalancing tariffs. Those will be officially reinstated on 1 April and...
UK trade minister says negotiating with the US to eliminate additional tariffs
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Honda agrees to ¥15,000 average monthly wage hike for 2025
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Trump’s steel and aluminum tariffs take effect
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,...
Taiwan’s TSMC approached Nvidia, AMD, and Broadcom about JV to operate Intel’s foundries
Taiwan Semiconductor Manufacturing Co. (TSMC) has approached Nvidia, AMD, and Broadcom about investing in a joint venture (JV) to operate Intel’s foundry division. Reuters with the info, citing sources familiar with the discussions. Under the proposal, TSMC would run...