The yen weakened to its lowest level since 1998, with USDJPY breaking through the 1 0…
Continue ReadingAutor: James Michael Ford
Despite falling energy prices, the European Central Bank (ECB) is expected to raise interest rates by 75 basis points
Markets are now favoring the European Central Bank’s 75 basis point increase at its upcoming meeting,…
Continue ReadingEuropean equities open higher to start the day
Eurostoxx +0.5% Germany DAX +0.4% France CAC 40 +0.3% UK FTSE +0.2% Spain IBEX +0.2% This…
Continue ReadingRussell 2000 technical analysis in 10 seconds
Russell 2000 futures (RTY) on the daily timeframe is retesting this previously broken bull flag (green…
Continue ReadingJapan finance minister says monitoring market moves post-Jackson Hole
To be fair, the question posed to him is a bit clumsy as it refers to…
Continue ReadingHeads up: Germany states’ CPI readings due later today
After a slight moderation in June and July, German consumer inflation is estimated to pick back…
Continue ReadingMarket Outlook for the Week of August 29- 2 September
Aside from these events, some Fed members are also expected to deliver their remarks this week.…
Continue ReadingUSD/JPY looks to July highs with 140.00 also in sight
The dollar is keeping firmer across the board, building on the momentum at the end of…
Continue ReadingBritish energy regulator Ofgem lifts gas, electricity price cap by 80% to £3,549
Winter is coming and the energy headlines from Europe isn’t getting any better. The price cap…
Continue ReadingEuropean equities open higher to start the day
Eurostoxx +0.3% Germany DAX +0.5% France CAC 40 +0.5% UK FTSE +0.4% Spain IBEX +0.5% It’s…
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