Author: FX
© Reuters. FILE PHOTO: Chinese and British flags fly along the Mall in London, Britain October 19, 2015. REUTERS/Suzanne Plunkett/File Photo By Joe Cash BEIJING (Reuters) – A slowdown in both the Chinese and global economies is the biggest issue affecting British firms in the world’s second-largest economy, beating geopolitical concerns and market access barriers, according to the British Chamber of Commerce in China. While the “peak pessimism” recorded during the pandemic is easing, British businesses are delaying making new investment in China amid a stuttering economic recovery and are downgrading the country’s importance to their global operations, the Chamber’s…
In the ever-evolving landscape of financial markets, traders are constantly seeking tools and indicators that can help them make informed decisions. One such tool that has gained significant popularity in recent years is the Synthetic VIX MT4 Indicator. This indicator, often used by seasoned traders, has proven to be a valuable asset in analyzing market volatility and making well-informed trading choices. Understanding Volatility Before delving into the intricacies of the Synthetic VIX MT4 Indicator, it’s essential to comprehend the concept of market volatility. Volatility refers to the degree of variation in the price of an asset over time. In simpler…
NASDAQ 100, GOLD PRICE FORECASTGold prices and the Nasdaq 100 are poised for heightened volatility in the coming days, with several high-impact events on the calendar later this weekMarket focus will be on the U.S. inflation report on Tuesday and the Fed’s monetary policy announcement on WednesdayThis article examines gold and the Nasdaq 100’s technical outlook, analyzing sentiment and critical price levels to watch Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: US Dollar Forecast – All Eyes on US Inflation, Setups on EUR/USD,…
Reserve Bank of Australia Governor Bullock speaking at a payments event:Reserve Bank of Australia Governor Bullock speaks Tuesday, AssistantGov Jones on WednesdayComments on her policy outlook:Don’t think we are falling behind in inflation fightWe’re taking a cautious approach and continue to watch datamore to come—The Bank left its cash rate unchanged at 4.35% at the December 5 meeting. The next official quarterly inflation data is due on January 31 2024 and that will inform the next rate decision. The next RBA meeting is on February 5 and 6. That meeting is ‘live’ at present. This article was written by Eamonn…
Clearmind Medicine (NASDAQ:CMND) disclosed in an SEC filing on Monday after the bell a prospectus to offer and sell common shares, subscription rights, warrants, and units to raise $50 million. The prospectus is not an offer to sell the securities and is not soliciting an offer to buy the securities. SEC filing. More on Clearmind Medicine Source link
We’ve got big events ahead for both the euro and Aussie, making this textbook chart pattern on EUR/AUD one to watch this week for potential breakout setups! Check it out! EUR/AUD 1-Hour Forex Chart by TradingView If you haven’t yet heard, but this week should be action packed for EUR/AUD as Australia’s releasing its latest jobs data, China’s monthly data dump is ahead, and the European Central Bank will give its latest monetary policy statement. Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t yet done your fundie homework on these…
Share: EUR/JPY hovers at around 157.30s, after rallying close to 1%, stalls at confluence of resistance levels. Failure to break above 157.70 would pave the way to re-test 154.00. The EUR/JPY climbs close to 0.90% at the beginning of the week and tests a previous support trendline turned resistance at around the 157.20/30 area. Even though the pair is posting solid gains, it remains downward biased, as price action is below the Ichimoku Cloud (Kumo). That along the Chikou Span crossing below price action and the Tenkan-Sen crossing below the Kijun-Sen cements the bearish bias. That said, EUR/JPY…
The last FOMC statement of 2023 is right around the corner and it could be a big catalyst for the broad markets and the Dollar! Here are major points & data you need to catch up on if you plan on taking risk around the event! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
USD OUTLOOK – PRICE ACTION SETUPS ON EUR/USD, USD/JPY, GBP/USDHigher volatility could be on the menu for the U.S. dollar this week, courtesy of several risk events on the economic calendarThe November U.S. inflation report will steal the limelight on TuesdayThis article examines the technical outlook for EUR/USD, USD/JPY and GBP/USD, discussing pivotal price thresholds ahead of U.S. CPI data Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: US CPI, Fed Decision to Guide US Dollar, Setups on EUR/USD, USD/JPY, GBP/USDThis week’s economic calendar…
Inok/iStock via Getty Images Globalstar (NYSE:GSAT) quickly rose and has dropped 1.7% amid a pitch from Anson Funds at a conference. Anson Funds portfolio manager Sagar Gupta pitched Globalstar (GSAT) at the Bloomberg Activism Forum 2023 in New York City. He believes the satellite communications company may be a “7-bagger.” He discussed the company’s relationship with Apple (AAPL) and believes the company has a lot of spectrum that can be monetized. Anson plans to work “constructively” with Globalstar (GSAT), though it’s leaving all options on the table. Globalstar (GSAT) could be a potential takeout target and may be compared to…