Author: FX
A fresh drop in output and new orders mark a setback for Italy’s manufacturing sector in December. The good news at least is that cost pressures were seen easing but employment conditions also suffered on the month. On the latter, manufacturers made further cutbacks to their workforce numbers, signalling a full quarter of job shedding. Tough. HCOB notes that:“The year concluded with Italian manufacturing sliding back into contraction, as the HCOB Manufacturing PMI fell to 47.9 in December, down sharply from November’s 50.6. The latest reading marks the steepest deterioration in operating conditions since March, abruptly ending the brief growth…
Spain’s manufacturing sector slid back into contraction territory for the first time since April amid falls in both output and new orders. Softer demand conditions are to blame but manufacturers also chose not to renew temporary labour contracts, resulting in the biggest monthly fall in employment for two years. HCOB notes that:“Spain’s manufacturing sector saw an unexpected setback in December. Both output and new orders slipped below the growth threshold for the first time since spring. This signifies a shift after a period of steady resilience, suggesting that underlying downward pressures may finally be catching up. Despite this pullback, the…
The Fed might be headed for a more dovish shift in 2026 but Treasury yields may stay underpinned regardless. And that’s not a good recipe for risk trades, even if the early positioning flows today might point to a more optimistic picture for equities to start the year. As much as stocks are hoping for another rip higher, the bond market is one to keep an eye out for just in case.So far today, 10-year yields are shooting higher to around 4.18% currently. The high earlier touched 4.195% and that comes close to testing the crucial 4.20% mark – one…
Prior +0.3%House prices +0.6% vs +1.2% y/y expectedPrior +1.8%It’s a soft end to the year with the average house price ending at £271,068 for December. But overall, UK housing market activity has remained resilient all through 2025. One has to remember that household and consumer sentiment in the UK has been relatively subdued for much of the year and that is not to mention that mortgage rates are also still holding well above the Covid pandemic lows.Nationwide notes that:”House prices evolved broadly in line with our expectations. Annual price growth slowed steadily from 4.7% at the end of 2024 to…
The Dinapoli Price Oscillator MT4 Indicator addresses this problem by providing clear signals for momentum and trend strength. It helps traders make smarter decisions, whether they are scalping, day trading, or holding positions, turning confusion into confidence. How the Dinapoli Price Oscillator Works The Dinapoli Price Oscillator (DPO) is a technical tool designed to eliminate the noise of price movements, making trends easier to spot. By measuring price momentum over a set period, it highlights potential reversals and trend continuation signals. Traders can customize the period settings to match their trading style, whether they prefer shorter time frames for fast…
Global broker STARTRADER is unveiling a refreshed look and feel as part of its brand repositioning. Since its establishment, the company has been focused on strengthening the trust it has built with clients, partners, and institutional businesses.The repositioning will be reflected in the brand’s visual identity. To align with the newly introduced tagline, “Built on Trust. Driven by Growth,” the update introduces a more minimal and refined design direction. With calmer colour palettes and cleaner compositions, the identity now reflects the broker’s commitment to a more confident, composed, and client-centric experience.The mission and vision now also place greater emphasis on…
Summary:Asia-Pacific trade was thin but directional as markets remained in holiday mode ahead of a full return on January 5.The U.S. dollar weakened, while precious metals surged sharply, led by gold and silver.Gold broke above US$4,370, with silver, platinum and palladium all posting strong gains.Australian manufacturing remained in expansion, while South Korea’s factory sector returned to growth in December.FX moves were notable, albeit not in large ranges, with EUR, AUD, GBP and SGD all strengthening against the USD.Professional market participants largely remained in holiday mode, a full return will happen on Monday, 5 January. Liquidity across the Asia-Pacific region was…
USD/CAD pares recent gains from the previous session, trading around 1.3710 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026.Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his term ends in May, a move that could tilt monetary policy toward lower interest rates. Federal Open Market Committee (FOMC) December Meeting Minutes indicated that most participants judged that it would likely be appropriate to stand on further rate cuts if inflation declined…
Stocks make upbeat start to 2026; precious metals extend sparkling rally Source link
The Waddah Attar Weekly Fibo MT4 Indicator is designed to simplify weekly technical analysis. It automatically draws Fibonacci retracement levels based on the previous week’s price movements. These levels help traders understand where the price might bounce, stall, or reverse. Because the lines are refreshed at the start of each trading week, traders always work with updated data without doing manual calculations. Why Weekly Fibonacci Levels Matter Weekly Fibonacci levels are stronger than those taken from shorter timeframes. They help traders see the bigger picture, making it easier to filter out market noise. For U.S. traders who follow swing trades…