China’s April economic data disappoint: recovery in domestic demand hits a snag
China faced a bit of a setback on the economic front in April, disappointing market expectations.
EUR/USD Fails to Sustain Bullish Momentum, GBP/USD Pauses After Breakout
In this article, we conduct a thorough analysis of EUR/USD and GBP/USD from a technical standpoint, meticulously studying how price action dynamics and prevailing market sentiment currently intertwine
Dow and Nasdaq 100 at new Highs, and Nikkei 225 Makes Gains
Yesterday’s softer US CPI helped markets to rally, with the Dow and Nasdaq 100 at new highs and the Nikkei 225 also risng
Japanese Yen Rises On Inflation-Focused Dollar Despite Feeble Japanese GDP Print
USD/JPY remains under pressure from this week’s US inflation figures despite worrying weakness in Japanese growth
Gold Price Outlook: XAU/USD Prices Rise on Renewed Rate Cut Hopes
The Fed may be breathing a little easier after yesterday’s moderately cooler inflation print which has brought two Fed rate cuts back on table, buoying gold
United Utilities: Water firm found to be the most polluting in England hikes dividend
United Utilities, the water company for the North West of England, has pointed to its robust finances as being behind an uptick in revenue and operating profit in its final results that also included
Secure Trust Bank shrugs off economic headwinds as it recovers from 2023
Secure Trust Bank has reported swelling loan and deposit books as the lender aims to reach £4bn in net lending and grow its profits after a challenging 2023.
Watches of Switzerland: Rolex seller ‘cautiously optimistic’ as it posts modest growth amid ‘rich-session’
Watches of Switzerland, the British retailer which sells the likes of Rolex and Tag Heuer watches, said it was “cautiously optimistic” about trading over the next financial year as the firm report
‘Blatantly unfair’: Supermarkets still jacking up petrol prices, minister warned
Supermarket retailers in the UK are still jacking up prices at the pumps despite months passing since the government pledged to intervene.
Wisconsin’s Investment Board becomes first state pension fund to invest in Bitcoin spot ETFs
During previous cycles, the anticipation of institutional involvement in crypto was a driving force for demand. “The institutions are coming" was a common claim on Crypto Twitter, often repeated aft