Author: FX
bfk92/iStock Unreleased via Getty ImagesZIM Integrated Shipping (ZIM) -4.8% in Monday’s trading following a report from Calcalist that Israel’s Companies Authority has issued a warning to the shipping company’s Chairman Yair Sarosi that “the state has the right to oppose” a potential Source link
Novo launches Wegovy weight-loss pill for sale in US Source link
Here is what you need to know on Tuesday, January 6:Over the weekend, the United States (US) military entered Venezuela, capturing and bringing Venezuelan President Nicolas Maduro and his wife, Cilia Flores, to New York. According to the latest developments, Maduro is being held at the Metropolitan Detention Center in Brooklyn and will face narco-terrorism and possession of destructive weapons charges. Moreover, US President Donald Trump said that Washington might make a fresh military intervention if Venezuela’s interim president, Delcy Rodriguez, did not accommodate his demands.The US Dollar Index (DXY) is trading near the 98.30 price region, with market participants…
Prior was 48.2Prices paid 58.5 vs 57.0 expected (58.5 prior)Employment 44.9 vs 44.0 priorNew orders 47.7 vs 47.4 priorA miserable year for US manufacturing ends with some extra disappointment. This is the lowest reading since November 2024.ISM manufacturing indexThe new orders reading was a slight improvement but still deeply in contractionary territory. The promises of tariffs aren’t paying off as companies are reluctant to invest in long-term production given the uncertainty of the legality and staying power of tariffs. Moreover, consumers are unwilling to buy expensive US-built consumer products rather than foreign imports. The prices paid component rising is ominous…
Toncoin (TON) USD just did something it hasn’t managed to do in over a year—it broke above a descending resistance trendline that’s been capping every rally attempt since late 2024. Currently trading at $1.8896, TON is finally showing signs that the brutal downtrend might be exhausting itself. For traders who’ve watched this cryptocurrency get repeatedly rejected at this trendline throughout 2025, this breakout carries real significance.Let’s unpack what’s happening here. That yellow diagonal line you see cutting across the chart? That’s been the boss level for TON buyers all year long. Every time price rallied toward it—and there were multiple…
Mortgage approvals 64,530 vs 65,010 priorNet consumer credit £2.08 billion vs £1.71 billion priorOverall, net borrowing of mortgage debt by individuals increased to £4.5 billion in November, following a decrease of £1.0 billion to £4.2 billion in the month of October. Meanwhile, the annual growth rate for net mortgage lending increased slightly to 3.3% in November – the highest since January 2023.Net borrowing of consumer credit by individuals also increased to £2.08 billion with the breakdown showing £1.0 billion for net borrowing through credit cards and £1.1 billion in net borrowing through other forms of consumer credit.Looking at the annual…
The Indian Rupee (INR) slides to a fresh almost two-week low against the US Dollar (USD) on Monday. The USD/INR pair jumps to near 90.50 as the Indian currency weakens, following threats from United States (US) President Donald Trump that he could further raise tariffs on imports from India for not supporting Washington in resolving the Russian oil issue.“We could raise tariffs on India if they don’t have help on Russian oil issue,” US President Trump said, Reuters reported. Trump added, “They wanted to make me happy, basically PM Modi’s a very good man. He’s a good guy. He knew…
Recap: BOJ’s Ueda signals more rate hikes as wage–price cycle strengthensBitcoin rises as PwC leans into crypto on US regulatory shiftICYMI: China front-loads 2026 growth with US$42bn infrastructure project rolloutNomura warns China EV demand to cool as subsidy policy tightensBOJ’s Ueda signals further rate hikes as wage–price cycle strengthensEconomists warn sticky inflation may force RBA back into rate hikes in 2026China Rating Dog December 2025 Services PMI 52.0 (expected 52.0, prior 52.1)Gold and silver on fire in Asia trade, Monday, January 5, 2026PBOC sets USD/ CNY reference rate for today at 7.0230 (vs. estimate at 6..9952)Trump claims control of Venezuela,…
The spotlight shifts to the highly-anticipated NFP this week, so what clues can we expect from the ISM manufacturing PMI? Here’s what to watch out for when trading this top-tier release. 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
Gold has pulled back from its record highs in last December but seems to be setting its sights higher once more. Will this former resistance zone keep holding as support? Check out the potential targets on the 4-hour time frame! Gold (XAU/USD) 4-hour Chart by TradingView Gold prices have formed higher lows connected by an ascending trend line since November last year, and it looks like this area is once again holding as support. After all, geopolitical tensions have spiked over the weekend after the U.S. announced that Venezuelan President Maduro is in its custody, prompting global outrage. Can gold…