Latest Market News

Risk Markets Holding Up Ahead of Fed Despite some nervousness in markets on the back of a gloomy outlook from Intel yesterday, tech assets appear to be holding up today ahead of the US open. Indeed, despite some intra-day volatility yesterday, the NASDAQ rebounded to end the day higher. Looking across the risk markets, crypt […]

Spotting Key Moves In A Quiet Week With traders readying themselves for the Fed next week, we’ve seen much quieter action across markets this week. While there’s been some noteworthy developments in terms of central bank comments and data releases, we didn’t quite get the volatility we’ve seen in previous week. The calm before the […]

EURUSD, “Euro vs US Dollar” The currency pair has completed the first impulse of decline to 1.0850. Today the market has completed a correction of this wave to 1.0899. At the moment, the quotes are forming a new impulse of decline to 1.0850. Then a consolidation range should form around this level, followed by an […]

Brent On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has broken through the resistance line. The quotes are now expected to rise above 8/8 (87.50) and later reach the resistance level of +2/8 (90.62). The scenario can be cancelled by a downward breakaway of the […]

Daily Market Outlook, January 27, 2023  Tesla Leads The Charge, Asian Markets Follow Wall Street’s Lead Higher Asian markets are set to end the week in the green taking their lead from robust trade on Wall Street, led by tech darling Tesla that ended the day higher by nearly 11% taking the Nasdaq higher by […]

Risk Rallies on GDP Beat – PCE Up Next On the back of better-than-forecast advanced Q4 GDP yesterday, traders are now looking to today’s US core PCE data to provide the final insight ahead of the FOMC next week. Given that the PCE data is the Fed’s preferred gauge of inflation, over CPI, the data […]