Recently, for the first time in two decades, the euro reached parity with the US dollar…
Bank of England makes no changes to monetary policy
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
XAG/USD: There is not a retracement for silver. One bullish rally is followed by another one.
EU Market View
Asian equity markets traded mixed amid a lack of fresh catalysts and with the region failing to take advantage of the mild tailwinds from Wall Street. Looking ahead, highlights from macroeconomic calendar include BoE and RBI Monetary Policy Decisions, US Initial Jobless Claims, Fed's Kaplan.
EU Key Point
- Germany June factory orders comes at +27.9% vs +10.1% m/m expected.
- BOE leaves bank rate unchanged at 0.10%.
- Tokyo coronavirus panel worrying about infection spread in all areas of the city.
The second earnings season of 2022 has almost begun. From banks and tech stocks to cars and the retail sector: in this outlook, we covered the most promising releases of this summer and made several projections on the companies’ prospects.
The stock market has reversed, and now it’s going lower and lower…
The US dollar index has all chances of reaching the 2000s high of 120.00.
Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?
First, "ETH merge" Google requests are on the rise. At the same time, "buy ETH" requests are at their two-year lows, which is quite a negative factor ahead of the vast update. The community either doesn’t believe in the success, or they are following the "buy the rumors – sell the news" rule and waiting for the massive dump after the merge.