Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Equities Keep more Cautious on the Session
Information is not investment advice
Midday Market View
European stock markets largely weakened Friday, with investors concerned that a second wave of Covid-19 cases will halt the region’s nascent recovery. Oil prices edged higher amid renewed hopes for more stimulus measures to boost the U.S. economy. However, persistent concerns over demand growth are likely to result in a losing week for the oil complex.
Midday Key Point
- Cable pushes to 1.2800 as buyers wrestle back some near-term control
- ECB's Villeroy supports that ECB might let inflation rise above 2% for some time
- European equities more mixed at the open
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
The stock market has reversed, and now it’s going lower and lower…
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?