Eurostoxx -0.1%Germany DAX -0.2%France CAC 40 flatUK FTSE +0.5%Spain IBEX +0.3%Italy FTSE MIB flat It’s a mixed bag but I would say that sentiment is […]
Gold Price Near Key Dynamic Resistance, Advance GDP EyedGold Price Near Key Dynamic Resistance, Advance GDP Eyed
The bias is bearish as long as it stays within the descending pitchfork’s body. The US data should be decisive today. A new higher high […]
Gold Technical AnalysisGold Technical Analysis
Gold eventually erased the gains from the geopolitical events between Israel and Iran and found support around a key trendline. The price started to consolidate […]
ECB’s Schnabel says may be facing a bumpy last mile on disinflationECB’s Schnabel says may be facing a bumpy last mile on disinflation
The narrative for the ECB is that they will at least act in June. But after, they may take some time to pause a little […]
Russell 2000 Technical AnalysisRussell 2000 Technical Analysis
Yesterday, the Russell 2000 ended the day negative as the relief rally reached some key resistance levels. The first part of the week has been […]
FX option expiries for 25 April 10am New York cutFX option expiries for 25 April 10am New York cut
There is one to take note of for the day, as highlighted in bold. That being for USD/JPY at the 155.85 level. However, the pair […]
Eurostoxx futures -0.2% in early European tradingEurostoxx futures -0.2% in early European trading
German DAX futures -0.2%UK FTSE futures -0.1% European indices are not tech-heavy so the drag isn’t as bad here. It mirrors the slightly softer mood […]
Germany May GfK consumer sentiment -24.2 vs -26.0 expectedGermany May GfK consumer sentiment -24.2 vs -26.0 expected
Prior -27.4; revised to -27.3 German consumer sentiment is set to rise in the month ahead, backed mostly by an improvement in income expectations. The […]
US data comes into focus in the second half of the weekUS data comes into focus in the second half of the week
With plenty of focus on USD/JPY, let’s not forget about what else is driving markets at the moment. The softer US PMI data earlier this […]
Not much on the data docket in European trading todayNot much on the data docket in European trading today
On the two related focus points: The line in the sand is shiftingUS data comes into focus in the second half of the week As […]