Author: FX
You can be forgiven for overlooking the ECB policy decision later today as the main event for markets will come in North America trading with the US CPI report due. Both events won’t be too far apart though with the ECB set to announce their decision at 1215 GMT before the US inflation numbers come about at 1230 GMT.But until we get to that, it’s going to be a rather pensive and tentative session in European morning trade.The ECB isn’t going to be cutting key interest rates today and president Lagarde should reaffirm most of the same communique that we’ve…
EUR/GBP is poppin’ up long wicks near a key trend support zone. Think the pair will extend its uptrend in the next trading sessions? Let’s take a look at the 4-hour time frame! EUR/GBP 4-hour Forex Chart by TradingView The ECB takes the stage today, and judging from members’ speeches we’ve heard lately, they may not sound quite as dovish this time around. Traders will be watching for any shift in tone that hints at how long rates might stay where they are. Over in the U.K., the pound could get tossed around by Friday’s GDP release and a batch…
The U.S. Producer Price Index unexpectedly fell 0.1% m/m in August, bringing annual wholesale inflation to 2.6% – well below economist expectations. The core PPI, which excludes volatile food and energy prices, also declined 0.1% monthly and rose 2.8% y/y, missing forecasts. The surprisingly soft inflation data confirmed that businesses are absorbing tariff costs rather than passing them through to consumers, providing the Fed with additional justification for monetary policy easing. Key Takeaways from U.S. PPI Report: Headline PPI: -0.1% m/m, +2.6% y/y (vs. +0.3% m/m, +3.3% y/y expected) Core PPI: -0.1% m/m, +2.8% y/y (vs. expectations of +3.5% y/y)…
Markets shifted gears on Wednesday as softer U.S. producer prices, looming ECB uncertainty, and rising geopolitical tensions set the stage for Thursday’s all-important CPI release. With Fed rate cut odds near 90% and policy divergence in play, traders are bracing for a potentially volatile session. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines: New Zealand Visitor Arrivals for July: 6.6% y/y (2.5% y/y forecast; 0.8% y/y previous) Japan Reuters Tankan Index for September: 13.0 (10.0 forecast; 9.0 previous) Israel strikes Hamas leadership in Qatar Chinese insurance firms have increased their equity exposure…
We’ve got a fresh batch of growth figures from the U.K. economy this week! Will the GDP data make or break BOE policy expectations? Source link
WTI crude oil made a couple of failed attempts to break below the $62 per barrel mark, creating a potential double bottom on its 4-hour time frame. Are bulls about to charge soon? WTI Crude Oil (USOIL) 4-hour Chart by TradingView Global supply jitters on resurfacing geopolitical tensions are propping the energy commodity higher these days, as investors are keeping close tabs on attacks in the Middle East and in Ukraine. At the same time, a weakening U.S. dollar on account of rising Fed rate cut expectations for the month are lifting risk assets like crude oil as well. Can…
Alliance Entertainment outlines sustainable margin gains and exclusive partnerships while expanding collectibles portfolio Source link
The Main Points Dottor Market MT4 Indicator works by marking essential price levels where the market is likely to react. These points often represent areas of support, resistance, or trend reversal. Instead of relying on guesswork, traders can use these signals to confirm whether the market is moving in their favor. This approach reduces the stress of making impulsive decisions and gives a clear picture of where the market may head next. Why Traders Prefer This Indicator One of the main benefits of this indicator is its simplicity. Traders don’t need to be experts in technical analysis to use it.…
Japan August 2025 PPI. +2.7% y/yexpected 2.7%, prior 2.6-0.2% m/mexpected -0.1%, prior +0.2%-At the same time was Japan’s business survey for Q3, comes in at +3.8% for the large manufacturing indexprior -4.8%-AKA Corporate Goods Price Index. It’s a measure of Japanese wholesale prices. It shows the price companies charge each other for their goods and services. -USD/JPY is little changed on the data release. This article was written by Eamonn Sheridan at investinglive.com. Source link
NASDAQ indexNASDAQ Index: The index pushed as high as +121.48 points, setting a new all-time intraday high at 22,000.97—a milestone that came just shy of the round 22,001 mark. Those gains, however, were short-lived, with the index slipping back to trade around unchanged. The low of the session saw a decline of -16.03 points, while the current price sits near 21,880.51, up just 1.13 points (0.01%).From a technical perspective, the 22,000 level now serves as a potential leaning point for traders. Selling against the figure with tight stops above could offer limited risk, though it represents only the first step…