Author: FX
Bloomberg is reporting that the UK government may announce emergency measures to boost London housebuilding as soon as Thursday, a headline that sparked a late-session spike higher in the GBPUSD as London and European traders wrapped up their day.Earlier in the session, the pound had fallen sharply after UK inflation data came in weaker than expected, with headline CPI unchanged month-on-month (vs. +0.2% expected) and softer core readings across the board. The initial reaction saw GBPUSD break below a key swing area between 1.3323 and 1.3341, extending down to a session low of 1.3306 before stabilizing.Since then, the pair has…
The Euro (EUR) steadies against the Japanese Yen (JPY) on Wednesday, trading around 176.26 after snapping a four-day losing streak on Tuesday. The pair is struggling to build momentum, as investors weigh Japan’s incoming fiscal stimulus and diverging central-bank outlooks between the Bank of Japan (BoJ) and the European Central Bank (ECB).According to Reuters sources, Japan’s new Prime Minister Sanae Takaichi is preparing an economic stimulus package larger than last year’s ¥13.9 trillion, worth about 92 billion dollars, to ease inflation pressures and boost household spending. The plan will reportedly include fuel-tax cuts, energy subsidies, and investment in strategic industries…
After hitting fresh record highs above $4,380, spot gold fell around 6% on Tuesday, marking the biggest one-day decline since August 2020 AND the second-biggest drop since 2013. What’s up with that?! Don’t worry, volatility is part of the game. The key is knowing why prices move so you can trade smarter, not harder. Here’s a quick rundown of what sent gold lower, what the pros are saying about the next move, and what you’ll want to watch this week. Why Did Gold Tumble? Think of gold as the market’s security blanket. When folks get nervous about the economy or…
David Ramos/Getty Images News Finland-based telecommunications and consumer electronics company Nokia Oyj (NYSE:NOK) is scheduled to release its third-quarter earnings results on Thursday, October 23rd. Analysts expect the company to report earnings per share of EUR 0.06 on revenue of EUR 4.64B. Seeking Alpha Source link
US Fed floats plan with smaller capital hikes for big banks, Bloomberg News reports Source link
You don’t step into a trade because you hope it’ll work out – you do it because you believe the odds will work in your favor. You’ve studied the charts, checked the news, managed your risk, and decided the market is missing something that you see clearly. By the time you enter a trade, you’ll have enough confidence in your biases to bet against the market (you think the current market prices are wrong) and do so with your hard-earned moolah. This is a good thing. Being confident in your idea will help your execution. It will help you pull…
Market index 316.2 vs 317.2 priorPurchase index 157.3 vs 166.0 priorRefinance index 1214.7 vs 1168.0 prior30-year mortgage rate 6.37% vs 6.42% priorThis is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates. This article was written by Giuseppe Dellamotta at investinglive.com. Source link
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $48.41 per troy ounce, down 0.65% from the $48.73 it cost on Tuesday. Silver prices have increased by 67.55% since the beginning of the year. Unit measureSilver Price Today in USDTroy Ounce48.411 Gram1.56 The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 84.16 on Wednesday, down from 84.64 on Tuesday. Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a…
Vimian Group Q3 2025 presentation: Revenue climbs 19% as MedTech returns to growth Source link
Prior +3.8%Core CPI +3.5% vs +3.7% y/y expectedPrior +3.6% This article was written by Justin Low at investinglive.com. Source link