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Central Banks

The Bank of Japan has maintained its ultra-low interest rates as anticipated

English Analysis Apr 26, 2024
The Bank of Japan decided to keep its ultra-low interest rates steady, a widely anticipated move, and conveyed growing confidence in meeting its 2% inflation target in the coming years. As expected, the BOJ maintained its ultra-low…
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Technical Outlook

Gold stays favorable while holding above $2300; key U.S. data is being watched for new signals

English Analysis Apr 24, 2024
Gold prices are trading within a tight range on Wednesday, following a nearly 3% drop over the last two days. This movement breached the psychological $2300 support level, but it failed to sustain a lower break, held back by the daily…
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Economy

German business sentiment improves beyond expectations in April – Ifo report

English Analysis Apr 24, 2024
The Ifo survey revealed that German business morale improved more than expected in April, according to data released on Wednesday. The Ifo institute reported that its business climate index increased to 89.4…
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Economy

Australia’s inflation eased less than anticipated in the first quarter, dampening hopes for a…

English Analysis Apr 24, 2024
Australian consumer price inflation moderated less than expected in the first quarter, largely due to persistent pressures on service costs, which disappointed policymakers. Here's a summary of the recent…
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Economy

US business activity decelerates in April – PMI

English Analysis Apr 23, 2024
The data released on Tuesday reveals a slowdown in U.S. business activity in April, reaching a four-month low due to weakened demand. However, there is a slight easing of inflation rates, providing potential relief as the Federal Reserve…
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Technical Outlook

The British pound rebounds following strong economic data and a hawkish stance from the Bank of…

English Analysis Apr 23, 2024
The British pound rebounded from a new multi-month low on Tuesday, buoyed by stronger-than-expected UK services PMI data and a hawkish stance from Bank of England policymakers. They indicated a potential delay in rate cuts, viewing an early…
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Technical Outlook

The FTSE100 reaches a new all-time high

English Analysis Apr 23, 2024
The FTSE 100 index set a slightly higher record on Tuesday, continuing its strong bullish momentum for the third consecutive day. Significant gains in UK defense stocks, food producers, and retailers, combined…
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Technical Outlook

BTC/USD has a mild bullish inclination while staying above the daily cloud, yet clearer directional…

English Analysis Apr 23, 2024
Bitcoin is stabilizing early Tuesday following a 2.8% increase on Monday, maintaining a positive outlook as the recent rise resulted in a marginal close above key resistance levels at $66,144 (50% retracement…
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Technical Outlook

Gold drops 2% as safe haven demand diminishes

English Analysis Apr 22, 2024
Gold prices dropped about 2% on Monday as safe haven demand diminished due to easing tensions in the Middle East, alleviating fears of conflict escalation. Traders took profits in part after gold consistently struggled to maintain gains…
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Technical Outlook

EURGBP gains for a second consecutive day as dovish remarks from Bank of England officials weaken…

English Analysis Apr 22, 2024
EURGBP extends its strong rally into a second straight day, reaching its highest level in 4.5 months on Monday. The pound weakened due to dovish comments from Bank of England officials, who revised their outlook and now expect inflation to…
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Lastest Posts
  • Gold holds close to a new record high, with upcoming US labor data seen as potential trigger for fresh rally

  • Dollar stays under pressure on Fed rate cut expectations, with focus turning to release of key US data

  • Silver jumps above \$40 to reach the highest level since 2011

  • US core inflation rises in July – PCE

  • Gold extends gains above $3400, US inflation data in spotlight

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