Author: FX
Chile wildfires kill 19 amid extreme heat; scores evacuated Source link
It’s been a rough start to the year for natural gas as prices have fallen back to October levels but help is on the way with a cold forecast for the eastern USA.That has February natural gas up 15% today, through only to a one-week high. The strong start to the gas withdrawal season has been curbed by higher production, leading to prices fall below $4 for February gas and below $3 from March through May.In the next three years there is slate to be a large jump in demand due to US LNG facilities coming online but there are…
Gold (XAU/USD) rallies on Monday after falling to a four-day low on Friday, edging up more than 1.50%, and hovers near the $4,700 figure after reaching a new all-time high courtesy of geopolitical uncertainty amid the US-European Union trade-war escalation over the weekend. XAU/USD trades at $4,672 at the time of writing.Bullion rebounds sharply as Trump’s tariff threats against Europe hammer the DollarLast Saturday, US President Donald Trump announced duties of 10% to eight European countries, effective February 1, in a dispute over Greenland, and said he would increase tariffs even further by June 1.Consequently, the US Dollar plunged while…
Italian fashion great Valentino dead at 93 Source link
The U.S. Consumer Price Index for December came in with a softer-than-expected core reading, briefly sparking dovish Fed expectations before geopolitical tensions and tariff concerns reasserted dollar strength through safe-haven flows. Which USD strategies moved beyond the watchlist stage, and how did shifting overall market sentiment impact the outcomes? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, check out…
Prior was 2.2%Inflation m/m -0.2% vs +0.1% priorBOC core 2.8% vs 2.9% priorBOC core m/m -0.4% vs -0.1% priorCore CPI % m/m +0.2% vs +0.2% priorCPI median +2.5% vs +2.8% expected CPI trim +2.7% vs +2.8% expectedCPI common +2.8% vs 2.8% priorEx gasoline +3.0% vs +2.6% priorThe market has been pricing in a chance of a rate hike this year and those odds just ticked a bit higher after this inflation report. Notably, there is something of a technical change with this report as the HST (Canada’s VAT) tax began in Dec 14, 2024 and that fell out of the…
Market analysts expected Visa (V) to post strong results in early 2026. They pointed to rapid AI adoption and rising global travel. Visa planned to report earnings on January 29, 2026. Estimates projected an EPS near $3.14, showing a clear double‑digit gain from last year. Visa also used its value‑added services and new flow initiatives to expand revenue beyond consumer spending. As a result, major institutions kept a Strong Buy rating. They expected Visa to benefit from the modernization of B2B payments.From a strategic view, investors needed to watch Visa’s response to new regulations and real‑time payment networks. Inflation stayed…
Influential Israeli minister Smotrich calls for US-led centre for Gaza to be shuttered Source link
We may not see the same people in the classic photo above, but the situation speaks to the same kind of mood as we approach perhaps the biggest WEF event ever. Yes, it is that time of the year again. Global politics will take center stage and all eyes are on Davos as US president Trump is set to make a live appearance after having done so virtually last year.Make no mistake about it. Trump loves Davos. It’s his one chance a year to act like the mafia boss among global leaders and make a show of his power by…
The MMI MT5 Indicator is a technical tool created to help traders see market momentum clearly. It measures the strength and direction of price movements, giving traders a simple way to assess trends. Unlike basic indicators that can be confusing or slow to respond, the MMI MT5 focuses on clarity, offering easy-to-read signals. This makes it suitable for both beginners and experienced traders who want to stay ahead of market swings without spending hours analyzing charts manually. By simplifying complex market data, it reduces stress and helps traders act confidently. Why Traders Need It In the fast-paced world of forex…