Author: FX
Canada’s central bank is scheduled to announce its monetary policy decision this week! Are they leaning towards hiking interest rates to combat inflation? Source link
BCI March 2026 slides: first salt crystals amid 81% construction Source link
The indicator operates by scanning recent price history to identify zones where price has repeatedly reacted. Think of it as automated pattern recognition that marks areas where buyers or sellers have shown up consistently. The calculation typically looks back a specific number of bars (adjustable in settings) and identifies swing highs and lows that price has respected multiple times. The “color” aspect comes from the visual bands it creates. Different colors often represent different zone strengths or types—some versions use blue for support zones, red for resistance, and yellow for areas that have acted as both. The width of these…
UK shop price inflation eased to 1.0% in April from 1.2% in March as Easter discounts helped retailers stimulate spending, though the BRC warned Middle East cost pressures are fast approaching. SummaryThe British Retail Consortium said UK shop prices rose 1.0% year on year in April, down from 1.2% in March, as Easter promotions on chocolate, home renovation materials and clothing eased the monthly readingFood price inflation slowed to 3.1% from 3.4%, with retailers competing harder on price amid weakening consumer confidenceSeparate CBI data published Monday showed retailers reported the biggest fall in sales volumes in more than 40 yearsThe…
Commerzbank’s FX team highlights that CNY is the only Asian currency stronger against the Dollar since late February, helped by robust exports and policy support. They see China tactically tolerating a firmer CNY ahead of the Trump–Xi summit and using it to bolster its image as a stabilizing force while steadily increasing CNY’s role in global trade settlement.China currency gains on policy support”All Asian currencies have depreciated against the USD since the end of February except for CNY. They are down on average by 2.2% vs USD while CNY is up 0.5%. Year-to-date (YTD), Asian currencies are down by around…
Apr 27, 2026, 6:00 PM ETCMS, GM, KO, BP, UPS, GLW, INCY, JBLU, NVS, SPGI, PCAR, PII, AMT, ABG, SYY, SHW, AIT, ZBH, CNC, KMB, ITRI, EPD, FELE, ECL, BEN, OMCL, AVY, ARCB, CECO, CVLT, KMTUY, BCS, AWI, AB, WSO, IVZ, PNR, ARCC, SCL, EADSF, KNDI, XYL, AXGN, RITM, LGIH, SPCB, HLT, ALLE, NXRT, TRU, PJT, WVE, SPOT, HRI, PRPL, KNSA, OPRA, VIOT, GLXY, SRAD, SFDBy: Deepa Sarvaiya, SA News EditorMajor earnings expected before the bell on Tuesday include: The Coca-Cola Company (KO) Enterprise Products Partners L.P. (EPD) General Motors Company (GM) BP p.l.c. (BP) United Parcel Service (UPS) Other…
Markets opened Monday cautiously as traders navigated nine weeks of Strait of Hormuz disruption and assessed new diplomatic signals from Tehran that offered some hope for resolution. Source link
New Zealand’s Q1 CPI beat forecasts and repriced RBNZ expectations – here’s how our NZD watchlist setups held up. Source link
Trump was unusually quiet on Truth Social today but just tweeted out something about talk show host Jimmy Kimmel, calling for him to be fired. The White House briefing is ongoing and Leavitt would not say that they are considering Iran’s proposal, but it is under discussion. That’s something but might just suggest that Trump’s security meeting hasn’t happened yet. She also said we will hear from Trump soon about Iran.My guess is that means he hasn’t made a decision yet about what to do next.It’s odd that both oil and stock markets are at the highs of the day.…
Dow Jones Industrial Average (DJIA) futures trade around 0.4% lower on Monday, slipping to near 49,100 after dipping briefly below 49,050 earlier in the session. The S&P 500 shed about 0.2%, and the Nasdaq Composite gave back roughly 0.4%, with both indexes pulling back from record highs notched on Friday. Stochastic RSI on the 5-minute chart sits in mid-range near 34, suggesting the move down still has some room before momentum stretches.Iran impasse keeps Oil bidThe session’s tone was set over the weekend, when President Donald Trump canceled plans to send envoys Steve Witkoff and Jared Kushner to Pakistan for…