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Economy

German investor sentiment rebounds, surpassing expectations in October – ZEW

English Analysis Oct 15, 2024
The ZEW Economic Sentiment Index for Germany saw a significant improvement in October, climbing to 13.1 points from 3.6 in September and exceeding forecasts of 10.2 points. This boost in investor confidence was driven by expectations of…
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Technical Outlook

Oil prices declined further due to concerns about demand, although geopolitical factors continue to…

English Analysis Oct 15, 2024
Oil prices extended their steep decline for a second consecutive day, reaching a two-week low early Tuesday, after dropping nearly 4% on Monday. The drop was driven by a weaker demand outlook and indications that Israel will not target…
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Technical Outlook

Cable exhibits a bearish bias, remaining under the top of the daily cloud

English Analysis Oct 14, 2024
Bears maintain control, keeping the price within the daily cloud for the third consecutive day, with the cloud top providing strong resistance and capping any upward moves. A renewed push below 1.3049 (the 50% retracement of the…
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Technical Outlook

BTC/USD – New bullish momentum has pushed the pair above the 200-day moving average, which had been…

English Analysis Oct 14, 2024
BTC/USD regained momentum on Monday, resuming its bullish trend from the October 10 low of 58,850 after a two-day pause. The fresh push broke through the 200-day moving average (63,302), which had been capping gains for the past two…
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Technical Outlook

USD/JPY – Staying above a key broken Fibonacci level keeps bullish momentum intact, with potential…

English Analysis Oct 14, 2024
USD/JPY remains poised for gains, pressing against the top of its recent consolidation range in early Monday trading. With a second consecutive weekly bullish close, and last week’s long-tailed candle, market sentiment indicates that…
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Market News

Gold prices rise following the release of CPI data, while copper experiences a surge amid…

English Analysis Oct 11, 2024
Gold prices advanced in Asian trade on Friday, building on overnight gains as strong U.S. inflation data was tempered by a soft labor market report. Meanwhile, copper prices surged sharply, driven by expectations of further fiscal…
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Market News

Oil is on track for a weekly increase amid concerns over potential supply disruptions in the Middle…

English Analysis Oct 11, 2024
Oil prices edged lower on Friday, but remained on track for a second consecutive weekly gain as traders balanced the effects of hurricane damage on U.S. demand with the risk of a broader supply disruption if Israel targets Iranian oil…
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Market News

Gold prices remain steady as CPI data takes center stage, while copper benefits from Chinese…

English Analysis Oct 10, 2024
Gold prices showed little movement in Asian trading on Thursday due to ongoing pressure from a stronger dollar, as attention shifted to important upcoming inflation data for clues on interest rates. In the industrial metals sector,…
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Market News

Oil prices have recovered as Hurricane Milton strikes Florida, while tensions in the Middle East…

English Analysis Oct 10, 2024
Oil prices increased on Thursday, recovering after two consecutive days of significant losses, as attention remains on the ongoing conflict in the Middle East and Hurricane Milton making landfall in Florida. Brent oil futures rose by…
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Market News

Gold prices face pressure due to uncertainty surrounding interest rates, with upcoming cues from the…

English Analysis Oct 9, 2024
Gold prices declined during Asian trading on Wednesday, continuing a downward trend from record highs as market participants increasingly anticipate that the Federal Reserve will implement interest rate cuts at a slower pace in the upcoming…
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Lastest Posts
  • Gold Trades Cautiously Ahead of Key U.S. Jobs Report

  • U.S. Private Payroll Growth Slows Sharply in May – ADP

  • GOLD – Bullish Bias Persists Above Broken Triangle’s Upper Boundary

  • Eurozone Inflation Slows More Than Expected in May

  • Oil Prices Climb Nearly 4%, Key Resistance Levels Come Under Pressure

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