Author: FX
Bank of England’s Gov. Bailey is on the wires saying:Markets have been orderly but stressed at times.The debt market leverage raises questions on vulnerability. The 10 year yield in the UK rose from a low of around 4.23% on February 26 to a high of 5.20% on May 18 – a gain of 97 basis points. Looking at the US, it yield moved from a low in early March of 3.92% to 4.687% or 76 basis points. The UK 10 year yield has a sense moved back down to 4.899% currently. The UK stock market is a modest 4.32% in…
Bob Savage highlights that the OECD now sees the Middle East conflict as the main driver of the global outlook, with surging energy and input prices lifting inflation and weighing on growth. The OECD cut its 2026 global GDP forecast and outlines time-limited versus prolonged disruption scenarios, warning inflation could rise notably under a prolonged shock while urging central banks to stay vigilant.OECD warns on energy-driven risks”The OECD has warned that the Middle East conflict has become the main driver of the global outlook, with energy and input prices surging since February, lifting inflation while weighing on real incomes and…
In January 2020, the term “prop firm” generated approximately 880 monthly global searches. By the second quarter of 2025, that figure had reached 49,500 – a 56-fold increase in five years. Search interest in the sector grew 607% between 2020 and 2024, a growth rate that substantially outpaces traditional retail brokerage over the same period. The industry is now estimated to be worth $20 billion globally, with over 2,000 active firms. What was a niche offering in 2019 has become a mainstream alternative to retail trading.The growth is not uniform or without friction. Between 80 and 100 firms exited the…
Deutsche Bank’s Henry Allen and colleagues highlight that Brent Oil has reversed earlier gains as reports of a conditional ceasefire between Israel and Lebanon eased some geopolitical risk. However, they stress that the Strait of Hormuz remains blocked and Polymarket odds show rising scepticism about a quick return to normal traffic, keeping longer-dated Brent futures elevated and inflation concerns alive.Geopolitics keep Brent risk premium”The geopolitical headlines have become slightly more positive this morning, with oil prices falling back after the US said that Israel and Lebanon agreed to a ceasefire. That ceasefire is conditional on Hezbollah also stopping fighting, but…
Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances Source link
The Reversal Arrow Indicator MT4 is designed to mark possible market reversals directly on the chart using visual arrows. Instead of guessing where the trend might change, traders receive a clear signal that price momentum may be shifting. The following sections explain how this indicator works, how traders apply it in real trading conditions, and where it fits within a broader technical analysis strategy. Understanding the Reversal Arrow Indicator MT4 The Reversal Arrow Indicator MT4 is a technical analysis tool that identifies possible trend reversals and displays them as arrows above or below price candles. A downward arrow normally suggests…
Societe Generale notes that while intervention threat persists, Japan has struggled to really shift the discourse in the yen outlook ever since 2022. Considering the current circumstances, the environment for a weaker yen currency looks set to persist for a bit longer.The firm also argues that while intervention from Japan’s ministry of finance may slow the trend, it won’t lead to a material shift in sentiment for the time being. I reckon that line of thinking is quite well established even among market participants already. That as we see USD/JPY recover back to test the 160 mark this week.”Neither rate…
Though the U.S. NFP report is likely to hog the spotlight on Friday, Canada’s upcoming employment release could still trigger some volatility for Loonie pairs. Are there any surprises to look out for? Here’s what to watch in this top-tier economic catalyst. Source link
Manufacturing hit its strongest reading since May 2022 at 54.0. Services surpassed expectations at 54.5 versus 53.7. In both cases, employment is contracting while prices continue to run hot. Here’s why the latest ISM PMI surveys could make the Fed’s policy headache get worse. What Are PMIs Anyway? The Purchasing Managers’ Index (PMI) is a composite reading based on a monthly survey of business managers asking a simple question: Is business getting better or worse than last month? The dividing line is 50. Above it means expansion. Below it means contraction. The further from 50, the stronger the signal. Two…
USD/JPY is knocking on a VERY important technical resistance zone! Will the pair draw enough bearish attention to turn lower again? Source link