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GBP/JPY climbs towards 192.80 after UK Services PMI hit 11-month high
Pound Sterling sees broad-market recovery after Services PMI beat. Markets shrug off a decline in the UK Manufacturing PMI. Japan Tokyo CPI inflation, BoJ rate call due on Friday. The GBP/JPY pair extended gains on Tuesday, climbing towards 192.80 after an upside beat to the UK Services Purchasing M
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The commodities feed: Middle East tensions ease
The oil market traded little changed in the early trading session today as part of a broader risk-off move across markets. Meanwhile, the LME aluminium tom-next spread surged to the highest level since May 2021, with on-warrant stocks falling to record lows sending supply jitters to the market. Ener
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Tech stocks plunge, geo-political risks escalate, and investors brace for earnings deluge
Tech stocks in retreat – S&P and Nasdaq now down 5% & 7% respectively. Geo-political risks remain front and center. Earnings and Eco data also remain front and center. Bond Markets prepare for an onslaught of supply. Oil and Gold remain erratic. Try the Mezza Rigatoni. So, I go away for a co
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Profit by Following
3,491.02
USD
- Symbol AUD/USD
- Trading Account #5 790024218
- Broker ForexClub
- Open/Close price 0.64245/0.64434
- Volume Buy 0.74 Flots
- Profit 139.86 USD
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Higher US inflation figures, consumer sentiment drops with a rise in inflation expectations
Previous week’s events (week 08 - 12.04.2024) Announcements US economy The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a final reading of 79.4 in March. Inflation expectations for the next 12 months and beyond
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Silver Price Analysis: XAG/USD remains bullish, eyeing $29.00
XAG/USD climbs 3.61%, nearing $29.00 due to robust demand in the precious metals sector. Technical analysis suggests further upside potential, with aims at the April 12 high of $29.79 and the key $30.00 level. Key supports are at the May 18, 2021, high of $28.75, the June 10, 2021, high of $28.28, a
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