Prior 53.0 Manufacturing PMI 49.6 vs 51.0 expected Prior 52.1 Composite PMI 49.4 vs 51.0 expected Prior 52.0 As already foreshadowed by the French and German readings, the figures here aren’t any better with the Eurozone economy slated to fall into contraction in July. Of note, both output and new orders declined for the first
Gold prices edged lower on Friday due to an uptick in the US dollar and fears over aggressive rate hikes by major central banks to tame inflationary pressures dented bullion’s appeal. The dollar rose 0.2 per cent against its rivals, making greenback-priced bullion more expensive for buyers holding other currencies. The US Fed’s meeting is
The lift from ECB rate hike to Euro was rather brief yesterday. The common currency remains range bound again most currencies and turns slightly softer today. Dollar, on the other hand, is regaining some ground with Canadian and Swiss Franc. Overall, the greenback is still the weakest one for the week, followed by Yen. Aussie
The queue of vessels waiting to unload goods at the Port of Los Angeles, North America’s busiest container port, has fallen 80% since the start of the year as global container prices continue to slide, pointing to more easing in supply chain disruptions. The backlog of vessels waiting outside Los Angeles has fallen from a
In this article AAL American Airlines posted its first quarterly profit since the Covid pandemic started without government aid but joined competitors in scaling back growth plans after a host of disruptions this year. The carrier on Thursday forecast a third-quarter profit, however, another sign of strong travel demand, even at high prices. American posted
In its quarterly Survey of Professional Forecasters (SPF), the European Central Bank (ECB) expects Eurozone short- and long-term inflation expectations higher. Key takeaways Sees 2022 inflation at 7.3% vs 6.0% seen 3 months ago; 2023 seen at 3.6% vs 2.4%. Sees 2024 inflation at 2.1% vs 1.9% 3 months ago; longer-term seen at 2.2%
Residents in nations with volatile economies are more likely to receive their pay in crypto, according to global hiring platform Deel. In its “State of Global Hiring Report” shared with Cointelegraph on July 21, the firm found that despite the 2022 bear market, crypto represented 5% of all global payments withdrawn from the platform every
IN this video, I extend the short term EURUSD analysis to incorporate a view from the daily chart and ask “What if?”. If you don’t constantly ask “what if?”, you are missing out on telling the story. It is also a way for traders to see the future. That story may change. There are no
Today we get June national inflation data from Japan. The indications from the June CPI data for the capital shows Tokyo CPI excluding Food, Energy hit 1.0% y/y, (from 0.9% the previous month). This measure of Japanese inflation is closest to the US ‘core’ CPI. More on the June Tokyo data is here: — Yesterday
Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike stoked demand worries and returning oil supply from Libya eased supply concerns. Brent crude futures lost $3.88, or 3.6%, to $103.04 a barrel by 1224 GMT after slipping 0.4% in the previous session. U.S. West Texas
Euro rises broadly after ECB raising interest rate by 50bps, and front-loads the exit from negative deposit rate. The central bank also maintains tightening bias. Swiss Franc is taken up by Euro too. Meanwhile, New Zealand Dollar is the worst performing one for today, together with Canadian and Yen. Dollar is mixed for now, and
A woman walks in front of a store on February 22, 2021, in New York City. John Smith | Corbis News | Getty Images Initial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to Labor Department data released Thursday.
In this article DPZ An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported mixed quarterly results as the pizza chain struggled with higher costs and an ongoing shortage of delivery drivers. “I can assure you
Meme stocks are lost momentum despite a better market mood. GME stock ends Thursday in the red as optimism faded. Gamestop stock split is due on Friday, July 22. UPDATE: GME finished the day in the red at $153.47 per share, down 3.19%. Market players remained cautious amid persistent inflationary pressures and signs of global economic
? – The Only trend reversal trading system “NO-REPAINT Indicator” | How To Find It ( FULL COURSE) Thanks for watching our video about : The Only trend reversal trading system In this video, we’ll walk you through : NO-REPAINT Indicator FIND US AT Visit Our Web- https://fxaccurate.com/ Best Forex Broker, check here: Best Forex
#forex? #stocks? #trading? A1 Trading Forex Discord Community – Trade alerts, webinars, chatrooms: Use code YTVIP for a $5 off – https://a1trading.com/vip/ FREE forex analysis telegram channel: https://t.me/A1TradingFXAnalysis Market analysis, ideas, and coverage: https://a1trading.com/ A1 Trading email newsletter (market analysis, promos, giveaways, etc) https://mailchi.mp/2ca8c2db546e/wyq26zqvbn A1 Trading Stock Market Discord Community: Stock picks, market analysis, and
? Join my FREE discord and get access to my weekly UNLISTED Sunday market breakdown video update and trade setups: https://discord.gg/J2e5TJdj SUPPLY & DEMAND FIB (PREMIUM & DISCOUNT): https://postimg.cc/XrM8fq7j CUSTOM FIB TOOL: https://postimg.cc/vgDfFwH2 ———————————————————————— *** SOCIAL MEDIA *** https://www.instagram.com/lorenzocorrado Tweets by lorenzocorrado_ *** DISCLAIMER, PLEASE ALWAYS DO YOUR OWN RESEARCH *** The information contained herein
Technical analysis is a form of financial analysis, usually visual, that looks for trends on price charts, and makes predictions based on patterns in market data presented on graphs In technical analysis, a measured move is a technical concept that assists traders in setting their trade plans. Measured moves can be either bullish bearish moves,