Author: FX

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…

Gold steady near $3,650, close to its record high after near $3,675 seen on Tuesday.US PPI fell 0.1% MoM in August, after a downwardly revised 0.7% gain in July and below forecasts of a 0.3% increase.Technicals continue to show a strong bullish structure, with immediate support at $3,617 followed by $3,556.Gold (XAU/USD) clings to gains on Wednesday after a sharp reversal the previous day, with the metal soaring to an all-time high near $3,675 before retreating to settle at $3,625. At the time of writing, XAU/USD is trading near $3,655, up about 0.80% on the day, extending gains after softer-than-expected…

Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), declined to 2.6% on a yearly basis in August from 3.3% in July, the US Bureau of Labor Statistics (BLS) reported on Wednesday. This reading came in below the market expectation of 3.3%. On a monthly basis, the PPI declined by 0.1% following the 0.7% increase (revised from 0.9%) recorded in July.Other details of the report showed that the core PPI, which excludes food and energy prices, declined by 0.1% on a monthly basis. The core PPI increased 2.8% on a yearly basis…

Prior was +3.3%Prices m/m -0.1% vs +0.3% expected (prior was +0.9%)PPI ex-food and energy +2.8% vs +3.5% expected (prior was +3.7%)ex-food and energy m/m -0.1% vs +0.3% expected (prior was +0.9%)Ex-food, energy and trade +2.8% y/y vs +2.8% priorEx-food, energy and trade 0.3% m/m vs +0.6% priorTomorrow the CPI report is due. This is a great sign that an undershoot could be coming and US equity futures have jumped. If we get a lower reading that expected on CPI — especially a miss this large — a 50 bps cut is more likely.The sequential drop in PPI ex-food and energy…

The Euro extends its decline against the British Pound for a second straight day.Traders stay cautious ahead of the ECB monetary policy decision on Thursday.Political unrest in France and NATO consultations after Poland’s airspace breach weigh on Euro sentiment.The Euro (EUR) extends its decline against the British Pound (GBP) for a second consecutive day on Wednesday, with the EUR/GBP cross hovering near 0.8643 at the time of writing. The pair is showing some stabilization after briefly touching its lowest level since August 29 earlier in the European session. Investors are reluctant to take big positions ahead of the European Central…