Author: FX

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to lower key rates by 25 basis points at the June policy meeting and responds to questions from the press.Key quotes”Survey data point to some weaker prospects in near term.””Serivces sector is slowing.””Higher tariffs, stronger Euro to make exports harder.””Defence, infrastructure investment to bolster growth.””Most core inflation figures suggest inflation will stabilize at target.””Labour costs are gradually moderating.” ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region.…

HailshadowDisclosing new interim data from its Phase 1/2 AFFINITY DUCHENNE trial, Regenxbio (NASDAQ:RGNX) announced Thursday that its experimental gene therapy RGX-202 continued to benefit patients living with the muscle disorder Duchenne muscular dystrophy. Citing data from the first five trial Source link

The decline in activity was steeper than in April but there looks to be some improvement in fortunes, led by a continued recovery in civil engineering activity. Homebuilding and commercial activity continues to stutter though but firms’ expectations for the coming year improved markedly to turn positive for the first time since the start of 2022. HCOB notes that:“Civil engineering is starting to shake off the slump. While we are not seeing actual growth just yet, the fact that the index has ticked up for two straight months is a good sign. The big infrastructure package from the federal government…

The RVMGann_sv8 indicator is designed specifically for the MetaTrader 4 platform, offering a user-friendly interface that blends Gann angles and price levels with volume analysis. By integrating these elements, it helps traders identify key support and resistance zones as well as potential trend reversals. This combination enhances accuracy compared to standard indicators, giving users an edge in spotting profitable entry and exit points. Key Features and Benefits One of the main advantages of the RVMGann_sv8 is its visual clarity. The indicator plots dynamic levels on the chart, allowing traders to see market momentum and strength in…

Break-and-hold above 5,980.75 unlocks a run toward 6,000–6,039; failure below 5,975.50 targets 5,944.50–5,876.50. To define bias, use VWAP and Volume Profile confluence on the 5-minute, H4, and Daily (6-month) charts. 1. Overview and context Since May 19, S&P 500 E-mini futures (ES M2) have been capped just below the 6,000 round number. Over the last two sessions, price repeatedly poked above 5,980.75 (the POC of the 5-minute session Volume Profile) but could not sustain momentum to close above 6,000. At the start of the June 5 London/New York overlap, ES oscillates between 5,980.75 (light-blue POC) and 5,975.50 (lower edge of…

EUR/AUD is consolidating around a key area of interest ahead of potentially major catalysts. Think the pair is in a position to extend a weeks-long uptrend? We’re taking a closer look at the 4-hour time frame! EUR/AUD 4-hour Forex Chart by TradingView The European Central Bank (ECB) is widely expected to cut interest rates by 25 basis points this week, a move already well-telegraphed by officials. Market focus is shifting to the Bank’s forward guidance, which could hint at caution toward further near-term cuts and spark profit-taking after the decision. Meanwhile, the Australian dollar is struggling for direction as optimism…

Seeking Alpha’s Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking Alpha website. The insights are generated by an AI tool and have not been curated or reviewed by editors. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of the earnings call insights cannot be guaranteed. Please see full earnings call transcripts here. The earnings call insights are intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha…

Markets are bracing for Friday’s May jobs report, with the weak 37,000 ADP print casting doubt on the 130,000 consensus. Trade tensions and stagflation fears are adding to the pressure, making this a key report for Fed policy expectations and the dollar. Here are points to know if you’re trading the May U.S. NFP report! 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

China May services activity grows despite US tariff concerns, Caixin PMI shows Source link

The BW2 WiseMan 1 MT4 Indicator is designed to enhance the trading experience by combining multiple technical factors into a single, easy-to-read display. It analyzes market trends, momentum, and volatility to generate clear buy and sell signals. This indicator is especially useful on the MetaTrader 4 platform, widely preferred by traders for its versatility. By presenting signals visually, it reduces guesswork and helps traders react swiftly to changing market conditions. How It Helps Traders Make Better Decisions One of the biggest challenges in trading is timing—knowing exactly when to enter or exit a trade. The BW2 WiseMan 1 MT4 Indicator…