Stay on top of your trading with analyses of the latest market news.
Key points Hong Kong’s Hang Seng Index and HSCEI experienced significant declines as markets brace for upcoming Chinese trade data. Investors are closely watching for insights into China’s economic condition through detailed export and import figures due tomorrow. On Wednesday, …
Key points EUR/USD Stability: After testing the 1.0800 and 200-day moving average, the EUR/USD pair eyes potential declines, marking its first consecutive daily drops since mid-April. GBP/USD Adjustments: The GBP/USD faces downward pressure, slipping below critical moving averages, with potential …
Key Points: The U.S. dollar regained strength amid renewed bets on upcoming Federal Reserve rate cuts. The yen moved closer to 155 per dollar, maintaining high intervention risks from Japanese authorities. 8th May 2024 – On Wednesday, the U.S. dollar …
Key points RBA Interest Rate Hold: The Reserve Bank of Australia keeps rates steady at 4.35%. Global Stock Resilience: Despite challenges, global stocks show enduring strength, partly fueled by corporate earnings. The Reserve Bank of Australia (RBA) has chosen to …
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