Author: FX
Blackstone plans $30 billion investment in Japan AI data centres, Nikkei reports Source link
US Richmond Fed services index -1 vs +14 priorManufacturing shipments +3 vs +16 priorServices index -1 vs +14 priorNumber of employees -1 vs +3 priorboth shipments and new orders remained in positive territoryThe average growth rate of prices paid increased notably while growth in prices received increased somewhat in JuneThis is a setback after some recent positive momentum. This article was written by Adam Button at investinglive.com. Source link
NASDAQ 100 futures sank nearly 3% in Tuesday’s premarket as high-flying memory chip stocks like Micron (MU) and Sandisk (SNDK) shed part of their recent rallies.The culprit seems to be the Korean Composite Stock Index (KOSPI), which shunted 10% lower overnight. The KOSPI is dominated by Samsung Electronics and SK Hynix, two chipmakers that have both risen at an extraordinary pace over the past year due to spiking prices in the memory chip industry.News emerged in South Korea on Tuesday that SK Hynix was switching some of its outlays from high-bandwidth memory (HBM) production toward traditional dynamic random access memory…
Starmer’s resignation looked like trouble for the pound, but Monday’s Cable rebound showed markets weren’t reading it quite that simply. Source link
I see signals pointing to price pressures in the coming monthsThe Middle East situation is fragile with risk of setbacksLabour market is resilient, household balance sheets are solid and public investment should support activityUncertainty is elevated despite peace prospects and inflation could stay above 2% for quite some timeIncrease in energy prices is expected to keep inflation well above target into the first half of 2027The ECB is to remain attentive to risks on both sides of the outlookEnergy shock is feeding through to broader inflationECB’s Lane warned that inflation risks remain tilted to the upside despite improving geopolitical prospects.…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note sharp intraday swings in USD/JPY after it spiked to 161.92 then fell to 161.06 before closing at 161.54. Intraday, they expect consolidation between 161.10 and 161.90, but its 1–3 week view still looks for a push toward the 2024 high at 162.00 while 160.65 strong support holds.USD/JPY overbought but still targeting 162.00″24-HOUR VIEW: The following are excerpts from our update yesterday: “The slight increase in upward momentum suggests upside risk today, but any advance is unlikely to break above 161.85. Support is at 161.20; a breach of 161.00…
The Moving Mini Max Indicator MT4 attempts to solve that issue by filtering price movement and highlighting underlying trend strength with smoother reactions. Traders use it to identify short-term momentum shifts without relying only on traditional lagging indicators. In practice, it works best when combined with price action and market structure rather than treated as a standalone signal generator. What Is the Moving Mini Max Indicator MT4? The Moving Mini Max Indicator MT4 is a momentum-based technical analysis tool designed to smooth market noise while identifying potential turning points in price movement. It was inspired by digital signal processing concepts…
Nvidia’s (NVDA) recent stock underperformance is coinciding with a growing prediction among Kalshi traders that prices for the company’s flagship AI chips will continue to decline. Nvidia (NVDA) shares are up about 12% in 2026, significantly lagging the nearly 85% gain in Source link
UK’s Starmer resigns, paving way for orderly transfer of power Source link
After a sharp dip, EUR/CAD looks ready to extend a weeks-long uptrend! Will the 38.2% Fib, Pivot Point, and 100 SMA be enough to hold the bulls’ ground? Here’s what we’re seeing on the 4-hour time frame: EUR/CAD 4-hour Forex Chart Faster with TradingView Earlier this week, ECB President Lagarde kept things measured during her appearance before the European Parliament’s ECON Committee. She acknowledged that Euro Area inflation still needs watching, but stopped short of hinting at any urgent policy shift. That kept the euro supported, but not enough to spark a clean directional move. Canada’s May CPI, meanwhile, came…