Daily Market Outlook, August 9, 2022 Overnight Headlines NY Fed: Inflation Expectations Decline Across All Horizons US Dollar Loiters Off Highs As Traders Eye Upcoming CPI Citi: Fed Could Approve 100 Bps Rate Hike After Jobs Shocker EU Puts Forward ‘Final’ Text To Resurrect Iran Nuclear Deal UK Retail Sales Growth Fails To Keep Pace […]
European equities hold in green while S&P 500 futures consolidate near the June high (4200 points) ahead of a possible breakout, as the strong labor market report on Friday reduced uncertainty in growth forecasts of the US economy with optimism over US growth propagating to other key economies. Despite half a million new jobs in […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
EURUSD remains neutral while investors are saving strengths. The major currency pair is looking stable on Tuesday. The current quote for the instrument is 1.0200. It feels like EURUSD is on a holiday – the market volatility is almost zero. It happens, although not so often. In this particular case, the summer spleen meets the […]
EURUSD, “Euro vs US Dollar” EURUSD is stuck inside the Triangle pattern. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0215 and then resume moving downwards to reach 1.0095. Another signal in favour of a further […]
Sky Mavis co-founder and growth lead Jeffrey Zirlin says Axie Infinity wants to double down in South Korea, which they see as one of the most important gaming markets in the world. 1317 Total views 26 Total shares Sky Mavis, the firm behind play-to-earn (P2E) heavyweight Axie Infinity is looking to “double down” in South […]