Author: FX
U.S. reports no hantavirus cases from cruise outbreak, monitors 41 Source link
Bitcoin is trading near $81,750, up around 2.5% at the time of publication, after rising almost 3.5% from today’s open to its session high. The move comes on the same day that Cerebras Systems (CBRS) delivered one of the most aggressive AI IPO debuts of the year, reinforcing a broader risk-on mood across speculative technology assets.Cerebras priced its IPO at $185 per share, raising about $5.55 billion by selling 30 million shares, according to Reuters. The stock began trading on Nasdaq under the ticker CBRS, opened sharply higher, and traded as high as $385, more than 100% above the IPO…
EUR/USD edges lower for the third consecutive day on Thursday during the North American session, down 0.22%, as US economic data showed consumers’ resilience. In contrast, labor market data showed a slight increase in the number of Americans filing for jobless benefits. The pair trades at 1.1679 after reaching a high of 1.1721.EUR/USD weakens as sticky inflation keeps Fed cut bets sidelinedUS Retail Sales rose in April by 0.5% MoM, aligned with estimates and below March’s print of 1.6%. Sales increased 4.9% YoY in the same period, exceeding estimates of 3.3% growth. Other data showed that Initial Jobless Claims for…
UK real GDP grew 0.6% in Q1 2026 (January to March), matching economist forecasts and marking the fastest quarterly expansion in a year. The data, released today by the Office for National Statistics (ONS), shows a clear acceleration from the revised 0.2% growth in Q4 2025 — but economists are already warning that the momentum is unlikely to carry into Q2. UK GDP Q1 2026: Key Takeaways GDP grew 0.6% quarter-on-quarter in Q1 2026 — in line with market expectations The services sector was the biggest driver, growing 0.8% with 11 out of 14 subsectors contributing positively Production rose 0.2%…
Markets are taking a more measured tone to start the day as President Trump meets with China’s Premier Xi while traveling abroad. At the same time, the Iran-US conflict appears to be temporarily on hold, helping ease some geopolitical anxiety. Crude oil is trading about $0.70 lower on the day, fluctuating above and below the $100 level as traders weigh the pause in tensions against ongoing supply concerns.US equity futures are modestly higher in premarket trading after both the S&P 500 and NASDAQ closed at fresh all-time record highs yesterday. Dow futures are up around 40 points, the S&P 500…
United States (US) President Donald Trump said at a state banquet in Beijing that he had extremely positive and constructive discussions with Chinese leader Xi Jinping, while calling him a “friend”.Additional remarksUS-China relationship is one of the most consequential in world history.This is a historic visit.Had extremely positive and constructive discussions with Xi.Meanwhile, China’s Xi has also praised US President Trump at the state banquet and has stated that both the US and China should become partners, not rivals.Additional commentsRejuvenation of China and ‘Make America Great Again’ can go hand in hand.I had in-depth exchange of views with Trump today.We…
If you’ve been watching the dollar quietly firm up this week while traders shovel more dirt on their interest rate cut hopes, two reports tell the tale. They came from different corners of the economy and measured different things, but both were singing from the same song sheet: inflation hasn’t packed its bags, and the Fed knows it. PPI: The Wholesale Warning To understand why this week hit markets so hard, you have to start one step before the store shelf. The Producer Price Index (PPI) tracks what manufacturers, farms, and wholesalers charge each other. It’s the wholesale layer of…
Lifeway Foods beats top-line estimates; reaffirms long-term target Source link
Supply and demand trading isn’t new. The concept goes back decades — price moves in waves, leaving behind zones where banks and institutional traders placed large orders. When price returns to those zones, it tends to react. The problem has always been consistency in identifying them. The Advanced Supply and Demand Indicator for MT4 scans historical price action and automatically marks those zones based on impulse moves. When a sharp, one-directional candle pushes price significantly away from a consolidation area, the indicator labels that origin point as either a supply zone (where selling pressure dominates) or a demand zone (where…
Prior +0.1%GDP +1.1% vs +0.8% y/y expectedPrior +1.0%More to come.. This article was written by Justin Low at investinglive.com. Source link