Author: FX

Well, at long last we are starting to perhaps see some improvements in French business sentiment. Confidence in this space has been languishing for well over a year already but is this an early sign of things to come? The composite business confidence estimate picks up in December, recording a reading of 98.7 – its highest since June 2024. The jump there is largely helped by a marked improvement in manufacturing confidence (102 vs 98 previously) while services confidence remained steady (98 vs 98 previously).This now at least sees French business confidence move closer back towards the long-term average of…

The Horizontal Grid Lines MT4 Indicator addresses this problem by providing clear, customizable horizontal lines across your chart. These lines act as visual guides, helping traders quickly spot price levels that matter. With this tool, navigating charts becomes easier, reducing errors and improving decision-making. How the Indicator Works The Horizontal Grid Lines MT4 Indicator automatically draws horizontal lines at fixed intervals across your chart. These lines can be adjusted to match your preferred price spacing, allowing traders to focus on significant levels. By providing a clear visual reference, it simplifies chart reading, even for beginners. Instead of relying solely on…

GBP/USD consolidates above mid-1.3300s as traders await BoE and US CPI reportThe GBP/USD pair struggles to capitalize on the overnight bounce from the 1.3310 area, or a one-week low, and oscillates in a narrow band during the Asian session on Thursday. Spot prices currently trade around the 1.3370 region, down less than 0.10% for the day, as traders opt to wait on the sidelines ahead of the key central bank event risk and US consumer inflation data.The Bank of England (BoE) is scheduled to announce its policy decision later today and is widely expected to lower interest rates by 25 basis points…

Woodside Energy Group (WDS) announced that its CEO and Managing Director, Meg O’Neill, has resigned to accept the position of Chief Executive Officer at bp p.l.c (BP). In response to the departure, the Woodside Board has appointed Liz Westcott as Acting Source link

Spot gold is chillin’ like a villain just below the $4,400 psychological mark, right around where the yellow metal hit record highs. Will gold revisit those highs in the next few trading sessions? Or will the bears step in and defend the resistance zone for another day? Gold (XAU/USD) 4-hour Chart by TradingView In case you missed it, geopolitical uncertainty and jitters ahead of this week’s central bank decisions and top-tier U.S. data pushed traders toward safe-haven assets like gold. The U.S. dollar is also seeing some of those safe-haven flows, but U.S. tensions with Venezuela and expectations for Fed…

China Vanke begins second meeting with holders of 2 billion yuan bond Source link

Markets are starting to price in another BOJ rate hike this week after Governor Ueda’s recent comments turned more hawkish. Inflation data hasn’t gotten in the way, and policymakers are clearly keeping a close eye on wild yen moves. Here’s what else you should look out for in this top-tier 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 Unlimited Access access to MarketMilk™ Plus More! Source link

U.K. consumer price inflation fell sharply to 3.2% y/y in November, well below the 3.5% market consensus and marking the lowest reading since March 2025. The larger-than-expected decline was driven by falling food prices and weaker alcohol and tobacco costs, with lower clothing prices adding to the disinflationary trend as Black Friday discounting intensified across retail sectors. The soft print essentially removed any remaining uncertainty about a Bank of England (BOE) rate cut at Thursday’s policy meeting, with markets now pricing near 100% odds of a 25-basis-point reduction to 3.75%. Key Takeaways Headline CPI dropped to 3.2% in November from…

Japan signals increased vigilance on FX moves Yen weakness remains a key concern Verbal intervention used to temper speculation Long-term rates also under scrutiny No immediate policy action signalledJapan’s top government spokesman has stepped up verbal warnings on market conditions, signalling heightened official sensitivity to yen moves and rising long-term interest rates as authorities seek to lean against renewed currency weakness.Chief Cabinet Secretary Minoru Kihara said the government is closely watching market developments, including movements in long-term rates, comments that were widely interpreted as a warning to currency markets. While Kihara did not refer directly to the yen, the emphasis…

New Zealand’s economy expanded 1.1% quarter-on-quarter in Q3 2025 versus expectations of a 0.9% growth figure and the earlier 1.0% contraction, marking its strongest quarterly performance in over a year. However, it’s also worth noting that the previous period’s reading saw a slight downgrade from the initially reported 0.9% contraction. Key Takeaways Quarterly growth: GDP increased 1.1% in Q3 2025, the strongest expansion since early 2024 Annual growth: The economy grew 0.5% over the year to September 2025 Sectoral drivers: The primary sector and services industries led the recovery, while interest-rate sensitive sectors remained subdued Export performance: Strong commodity prices,…