Recently, for the first time in two decades, the euro reached parity with the US dollar…
OPEC is set for a virtual meeting tomorrow
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: the pair is now trading slightly above the Kijun Sen. A failed attempt to move higher will lead GBP/JPY below the Kijun Sen. Further drop of the market will push prices further down, confirming the bearish scenario.
European Market View
Today the Brexit talks resume between the European Union and the United Kingdom. Boris Johnsona and the top negotiator Davis will attend a dinner with EU’s Michael Barnier.
In the United States housing starts in focus after the very strong NAHB index yesterday.
OPEC is set for a virtual meeting tomorrow.
Regarding coronavirus, the number of global cases now top 21.8 million and more countries close down or restrict nightlife.
European Key Point
- Brexit talks resume between the European Union and the United Kingdom
- In the U.S. housing starts in focus
- OPEC is set for a virtual meeting tomorrow
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…
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus