British Retail Sales Decline, Pound Extends Losses
The British pound is lower for a straight third trading day on Friday. In the […]
Crypto Market Buzzing in Anticipation of Regulatory Change
Market Picture Crypto market capitalisation surpassed $3.3 trillion, up 3.8% in the last 24 hours. […]
USD/JPY Awaits Potential Stimulus Impact
The USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of […]
AUDUSD Rangebound in Quiet Trading
AUDUSD holds steady within 0.6500 zone Technical picture remains gloomy below 0.6630 AUDUSD has largely […]
Eurozone PMI signals stagflation as both manufacturing and services contract
Eurozone economic activity weakened sharply in November, with PMI Manufacturing falling to 45.2 from 46.0 […]
Elliott Wave View: GBPUSD is Approaching Support Zone
Short Term Elliott Wave View in GBPUSD suggests decline from 9.26.2024 high is in progress […]
Rising Geopolitical Tensions Will Likely Limit Any Rebound Potential for the Single Currency
Markets This week’s consolidation pattern on bond markets simply continued yesterday. Lower weekly jobless claims […]
Oil, Gas Prices Up on Escalating Tensions with Russia
Moodiness due to a lack of a strong post-earnings rally from Nvidia remained short-lived. Investors […]
Euro Area PMIs Set Stage for ECB
In focus today Today, in the euro area we receive November PMIs, an important factor […]
UK retail sales drop sharply by -0.7% mom in Oct, but broader trends show resilience
UK retail sales volumes plunged by -0.7% mom in October, significantly underperforming expectations of a […]
UK PMI composite fall to 49.9, slips into contraction as post-budget sentiment worsens
UK economic activity weakened in November, with the Composite PMI falling from 51.8 to 49.9, […]