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…
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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?