Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
European markets set for higher open following the Wall Street’s trend
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is now testing the lower level of the Kumo. A plunge of the market will push the exchange rate to exit the cloud, pushing GBP/JPY into lower ground.
European Market View
In Europe the industrial production for June is expected to be constrained by global supply issues despite strong demand. European markets set for higher open following the Wall Street’s trend.
In the Asia-Pacific stocks edged higher on Wednesday, again following the previous gains of U.S. major indices. Oil stocks in the region also increased due to higher oil prices.
In the United States some attention will be given to the Producer Price Inflation. If the actual result is greater than forecast is considered as good for the U.S. dollar.
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?