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News

  • May 15, 2024

EUR/USD Breaks Out, USD/JPY in Tailspin After Benign US Inflation Report

This article explores the outlook for the U.S. dollar following April’s U.S. inflation report, focusing primarily on two FX pairs: EUR/USD and USD/JPY. Key tech levels to watch in the near term are

  • May 15, 2024

US Breaking News: US CPI Prints Largely in Line with Estimates, USD Dips

US CPI printed broadly in line with consensus estimates, resulting in a continued move lower for US yields and the greenback while gold received a helpful bid

  • May 15, 2024

FTSE 100 trades in new record highs with DAX 40 and S&P 500 close on its heels

Outlook on FTSE 100, DAX and S&P 500 ahead of US CPI print

  • May 15, 2024

US Crude Oil Hands Back Early Gains As Demand Doubts Resume Control

Oil prices have plenty of support, both fundamental and technical, but, still, few obvious reasons to rise

  • May 15, 2024

USD, Nasdaq and Yields – How are Major Markets Positioned Ahead of US CPI?

US CPI is expected to take a step back, something the Fed has been searching for all year after multiple stubborn prints dented the committee’s confidence in taming prices

  • May 15, 2024

US Inflation Preview: How Will CPI Data Impact Gold, the US Dollar & Yields?

Wednesday's U.S. inflation report has the potential to stir volatility across assets, so traders should prepare for the possibility of treacherous market conditions, especially if the upcoming CPI num

  • May 15, 2024

Netflix scores rights to screen NFL Christmas Day games

Netflix has been experimenting with the NFL, for example with its 2023 series Quarterback and new series Receiver premiering this summer.

  • May 15, 2024

JCB defends supplying Russia after Ukraine invasion

JCB has come out swinging after it was revealed it had continued to supply equipment for Russia despite Vladimir Putin’s invasion of Ukraine.

  • May 15, 2024

Wood Group rejects second takeover offer from Dubai-based rival Sidara

Yesterday, Sidara hiked its initial offer of over £1.4bn, or 205p per share, by about three per cent to 212p per share.

  • May 15, 2024

Youtube blocks Hong Kong protest anthem after territory’s court bans song

Youtube has blocked access to a popular protest anthem in Hong Kong after a court in the territory moved to ban the song.

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