Author: FX

St. Louis Fed branch chief Musalem said more data is needed before deciding on a September rate cut, warning inflation remains closer to 3% than 2%. He struck a more cautious tone than Powell, noting labor market risks have yet to materialize and stressing the decision will hinge on upcoming jobs data.Musalem spoke with Reuters. -St. Louis Fed President Alberto Musalem said he needs more data before deciding whether to back a rate cut at the September 16–17 FOMC meeting. He noted inflation is running closer to 3% than the Fed’s 2% target and could prove persistent, while risks to…

US VP Vance says Russia has made significant concessions toward Ukraine peace deal Source link

The U.K. CPI report printed stronger than expected results, further dampening expectations of additional BOE easing anytime soon. Meanwhile, market sentiment mostly aligned with risk-off flows, even as other major catalysts sparked extra volatility throughout the week. Let’s examine which pairs from our watchlist capitalized on this environment of pound strength and less dovish BOE expectations. 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

Coca-Cola explores sale of Costa Coffee, source says Source link

Mon: PBoC MLF, UK Summer Bank Holiday, German Ifo (Aug), US National Activity (Jul)Tue: RBA Minutes, Riksbank Minutes, NBH Announcement, US CaseShiller (Jun)Wed: Australian CPI (Jul), Swiss Investor Sentiment (Aug)Thu: ECB Minutes, Swiss GDP (Q2), EZ Sentiment Survey (Aug), US GDP 2nd Estimate (Q2), US PCE (Q2)Fri: Japanese Tokyo CPI (Aug), Japanese Activity Data (Jul), German Retail Sales (Jul), French Prelim CPI (Aug), Spanish Flash CPI (Aug), German Unemployment (Aug), US PCE (Jul), Canadian GDP (Q2), University of Michigan Final (Aug)PBoC MLF (Mon): PBoC left the Loan Prime Rates unchanged for the third straight month—1-year at 3.00% and 5-year at…

I am Itai Levitan. For years at ForexLive – now InvestingLive.com – I have helped investors and traders with various opinions around earnings and today I was thinking about the upcoming Nvidia earnings. This article is not a forecast on what may happen on Wed night and the Thursday right after the earnings, but it is about if and how an NVDA stock holder may want to consider risk mitigation before going into the earnings, as it is, by definition, a risky event, regardless of what you think of AI, AI revolutions and about what may be the best company…

Israel pounds Gaza City suburbs, vows to press on with offensive Source link

The Rose Pips MT4 Indicator is a custom trading tool built for MetaTrader 4. It is designed to track price movements and highlight potential trade setups. What makes it stand out is its ability to filter market noise and give users clearer signals. Instead of relying on multiple indicators that may create conflicting information, the Rose Pips tool simplifies the process, making it easier for traders to act without hesitation. How It Works This indicator works by analyzing price action and identifying market shifts where momentum changes. When the conditions align, it provides visible signals on the chart, showing possible…

Pentagon working on plans for military deployment in Chicago, Washington Post reports Source link

The Condition Scanner MT4 Indicator is designed to monitor multiple pairs and timeframes at once. Instead of manually checking each chart, the indicator automatically highlights conditions that match a trader’s strategy. For example, it can scan for trend direction, moving averages, or candlestick patterns. This makes it easier for traders to identify opportunities without missing key setups. Why It Matters for Traders Traders in the U.S. markets and beyond often face fast-moving conditions. Missing even a single entry point can mean losing potential profits. The Condition Scanner helps solve this problem by providing instant alerts when conditions are met. This…