Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
ECB Decision
Information is not investment advice
Ichimoku Kinko Hyo
USD/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.
Fibonacci Levels
XAG/USD: Silver stands above the 50% retracement area. Buyers have returned.
US Market View
The number of Americans applying for initial unemployment benefits came in at a larger than forecast 884,000 last week, indicating that labor market recovery is stalling amid the ongoing coronavirus pandemic. Headline inflation is likely to remain negative in the coming months and to turn positive in early 2021, Lagarde said. She noted that the euro will put downward pressure on inflation.
US Key Point
- ECB September forecasts see higher inflation in 2021
- ECB September GDP forecasts show bump in 2020 to -8.0%
- Lagarde says that there is no need to overreact to euro gains
Similar
EURGBP rose on dovish BoE
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
The highlight for markets today will be the FOMC meeting
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Popular
Indices and Stocks in the Red
The stock market has reversed, and now it’s going lower and lower…
Walmart earnings outlook
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is at 2%, but what about a weaker Yen?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
Choose your payment system
