Author: FX
With bitcoin caught between two opposing forces, which side will win out as Trump’s deadline on Iran winds down? Source link
It looked like the ECB was finally done with rate hikes, right up until the March inflation data started telling a different story. Source link
There is perhaps just one to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1600 level. The dollar fell off yesterday amid a marked improvement in the risk mood, with talks of US president Trump looking to wrap up the war in Iran and declaring “victory” – whatever that may mean.It was enough to keep stocks buoyed alongside arguably some month-end and quarter-end rebalancing. As for the dollar, it dropped off across the board and that’s leaving traders in a bit of a bind to start April trading.Trump will be due to…
Asian equities rise as improved global sentiment boosted regional markets following a strong rally on Wall Street overnight. Risk appetite improves on rising hopes for Middle East peace resolution. At the time of writing, Japan’s Nikkei 225 is trading 4.48% higher near 53,350, while Hong Kong’s Hang Seng Index is up over 2% to 25,300, China’s SSE Composite Index gains 1.41% to 3,950, and South Korea’s Kospi gains over 8% to near 5,460.US President Donald Trump indicated that the United States (US) would be “leaving very soon” from the Iran war, noting that a withdrawal could take place within two…
The UAE is leading the Gulf’s hawkish turn on Iran, pushing for a coalition to reopen the Strait of Hormuz and signalling willingness to play a direct military role. Saudi Arabia and Bahrain appear closer to that camp than Qatar, Oman and Kuwait, but a true Gulf coalition remains politically uneven. If one forms, it would most likely center on U.S.-led maritime security, air defence, escorts, mine-clearing and logistics rather than a full-scale ground war. The big challenge is that Iran can still impose heavy disruption through asymmetric means even without controlling the battlefield conventionallySummary:The UAE has moved furthest toward…
the Imbalance MT5 indicator identifies price zones where buying and selling activity is uneven. These “imbalances” occur when one side dominates, creating gaps or rapid price moves that often leave clusters of unfilled orders. Technically, the indicator scans historical price bars to detect sudden movements without significant counteraction. It marks these zones visually on the chart, often using rectangles or shaded areas. Traders can then anticipate price returning to these zones for potential retracements or continuation trades. Unlike standard oscillators like RSI or MACD, which measure momentum, this tool focuses on market structure. It’s particularly useful for spotting areas that…
TD Securities’ Global Strategy Team reports that China’s March PMIs moved back into expansion, with Manufacturing and Non-manufacturing both beating expectations. They attribute the rebound partly to firms front-loading orders due to the US-Iran war and caution that a sustained recovery is unlikely without significant policy support, especially with construction still in contraction.Expansionary PMIs tempered by policy doubts”China PMIs rebounded into expansion (>50) in March, with both indices surpassing expectations.””Manufacturing PMI came in at 50.4 (cons: 50.1, prior: 49), led by big jumps in output and new orders.””This tracks closely to the rebound in these categories from global PMIs as…
Tuesday’s ceasefire signals flipped the week’s script — equities surged, oil reversed, and gold broke its own rules. Here’s what changed and what’s most volatile through NFP Friday. Source link
Ceasefire hopes drove Wall Street’s biggest rally since May as the S&P 500 surged nearly 3%, oil slumped, and the dollar ended as the weakest major currency. Source link
This via Wall Street Journal info. How to turn a $4 bn company into $39 mn. Yikes. Summary:Allbirds has agreed to sell most of its business for $39 million, marking a dramatic collapse from its ~$4 billion peak valuation The deal transfers IP, assets and liabilities to American Exchange Group, subject to shareholder approval (expected Q2 2026 close) Sale price is a fraction of its 2021 IPO proceeds (~$301 million) and reflects years of weak execution and demand Shares have fallen more than 95% since listing, with another sharp drop following the announcement Strategic missteps, product failures, brand drift and…