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Enjoy instant access to breaking news, market announcements and news articles on everything from forex, stocks, indices, commodities, companies and global economies.
News streams straight from over 50 providers, including central banks, credit rating agencies, financial exchanges, plus major news agencies Nasdaq, MarketWatch, Yahoo Financials & CNBC.
Stocks Make Deepest Pullback in Months; Precious Metals Remain Strong; Dollar Weakens After G7 Statement; Several Trends May Be Reversing
Bitcoin is all over the news, as “Bitcoin halving” is expected to occur on Friday, April 19. What is Bitcoin halving and how will it affect the price of Bitcoin?
Fed Chair Powell Says Inflation Falling Too Slowly; Israel Hints at Soft Retaliation, Crude Oil Weaker; USD/JPY Reaches New 34-Year High at ¥154.79; UK CPI Higher Than Expected; Bitcoin Close to Halving
Global Stock Markets Firmly Lower; Israel Signals Retaliation Likely Soon; USD/JPY Reaches New 34-Year High at ¥154.44; Energies, Precious Metals Firm; Markets Await Canadian CPI Data
Immediate Retaliation Against Iran Unlikely; USD/JPY Breaks Out to New 34-Year High Near ¥154; Market Await US Retail Sales Data
US CPI data released yesterday showed the annualized rate rising higher than expected to 3.5%.
US inflation for March rose 3.5% year-on-year. This was higher than expected and the US dollar is higher following the inflation release.
US CPI data will be released today, with the market expecting a slower pace of monthly increase.
Metals Rise Strongly to New Highs; USD/JPY Likely to Retest 34-Year High at ¥152; Crude Oil, Gasoline Futures Pull Back From Highs
Spot Gold has continued to rise to new all-time high prices.
The European Central Bank recently released its monetary policy meeting minutes, showing that the bank’s policymakers supported the decision to continue with an accommodative monetary policy stance until March 2022.
Bank of England Governor Andrew Bailey said recently that the latest surge in the number of COVID-19 infections has put the British economy in shambles, delaying the country’s recovery.
According to recently released electoral data, the Democratic Party will likely grab the two Georgia Senate seats that were in dispute, giving the party a trifecta for the first time since 2009.
According to Germany's Federal Statistical Office, retail sales rose by 5.6% (annually) in November, higher than expectations of 3.9% but lower than the previous month's 8.6% rise.
The British House of Commons approved the trade agreement with the European Union yesterday in a 521-73 vote, ending the Brexit saga just before the deadline.
The US House of Representatives decided to back President Trump’s proposal to give additional stimulus payments to Americans in need, which has been a recent point of contention between both parties.
The end of autumn 2020 will forever go down in the story of the Forex market.
The Bank of Japan recently released its monetary policy meeting minutes, in which policymakers discussed forms of making their monetary stimulus measures more sustainable.
The US Federal Reserve recently announced its decision to leave the cash rates unchanged, remaining in line with analysts' expectations.
The United Kingdom’s Office for National Statistics recently reported the country’s unemployment rate, which stands at 4.9 percent for the third quarter, and lower than expectations of 5.1 percent.
The WTI crude oil market has initially fell during the trading session here on Thursday, but then turned around as we bounced from the 50 day EMA.
The Australian dollar has tested the 0.6450 level early on Thursday, but it looks as if it's going to struggle to continue going higher.
The NASDAQ 100 went back and forth early during the trading session on Thursday.
Gold has done a little bit of sideways dancing during the early hours on Thursday just as we have seen it do all week.
The dollar has recovered after initially falling down a bit against the Japanese yen during trading on Thursday as we continue to see the buy on the dip mentality come into the picture.
The US dollar has been strong for some time, and recently we have seen the GBP/USD pair go back and forth.
Over the last several sessions, I have been paying close attention to the GBP/CHF pair, as it has such a significant amount of swap that you can get paid.
The euro initially found during trading on Thursday, but then turned around to show signs of strength again as we continue to threaten the ¥165 level.
The German DAX initially fell during the trading session on Thursday, reaching down to the 50-Day EMA.
Bitcoin has rallied significantly during the course of the trading session on Thursday, as we have seen the $60,000 level offer significant support.
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