Dow’s Skepticism Anchors Nasdaq Volatility, Dollar Charged by NFPs and Rate Forecasts
What matters more to the markets: that the US economy looks less at risk of […]
FTSE 100 IG Client Sentiment: Our data shows traders are now at their least net-long FTSE 100 since Jan 14 when FTSE 100 traded near 7,857.90.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
ECB Wunsch: If core inflation remains persistent, terminal rate of 3.5% would be a minimum
ECB Governing Council member Pierre Wunsch said, “I don’t think we’re going to move from […]
Gold Down But Not Out as Traders Eye NFP
Gold and silver slumped sharply on Thursday and were struggling again ahead of the US […]
ETHUSD Hovers Around Highs, But Bullish Momentum is Weakening
ETHUSD (Ethereum) is moving sideways today, just below the January 21 high of 1,679. Cryptocurrencies […]
GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Jan 20, 2023 when GBP/JPY traded near 160.62.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
EU PPI up 1.1% mom, 24.6% yoy in Dec, EU up 1.2% mom, 25.2% yoy
Eurozone PPI rose 1.1% mom, 24.6% yoy in December. For the month, industrial producer prices […]
UK PMI services finalized at 48.7 in Jan, downside remained relatively shallow
UK PMI Services was finalized at 48.7 in January, down from December’s 49.9, fastest contraction […]
ECB Simkus and Kazimir: Mar rate hike is not the last
ECB Governing Council member Gediminas Šimkus said, “I see positive trends for inflation”. Headline inflation […]
RBA to Hike after Worrying Signs for Economy
It had seemed that the RBA was almost done with the rate hikes, as several […]
EUR/USD pair moved into a short-term bearish zone below 1.1000
The Euro started a downside correction from the 1.1035 zone against the US Dollar. The […]
US NFP surged 517k in Jan, unemployment rate down to 3.4%
US non-farm payroll employment surged 517k in January, blows away expectation of 193k. BLS noted, […]