I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
Tech stocks added 2.1% to lead gains
Information is not investment advice
Ichimoku Kinko Hyo
CHF/JPY: The CHF/JPY pair is now poised to test the lower level of the cloud. If the bulls manage to take control of the bears, the currency pair will enter within the Kumo. On the other hand, a reversal back would push prices to retest the previous bottom.
After market sell off on Monday, global markets will focus on the latest U.S. inflation data due out this week; the U.S. consumer price index is set for release Wednesday and the producer price index for Thursday. Global investors will be looking for any clues from Fed officials as to the timing of interest rate hikes too; Federal Reserve Chairman Jerome Powell’s confirmation hearing will take place on Tuesday.
The European Stoxx 600 gained 0.9% in early trade, mostly recouping the 1.3% decline by Monday’s close. Tech stocks added 2.1% to lead gains as all sectors and major bourses entered positive territory.
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
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