Atalanta
He liked
Eurozone bank lending continues to cautiously recover
The European Central Bank is on the verge of starting rate cuts and monetary developments are proving no hurdle to doing so. March data shows a subdued recovery in bank lending and money growth. With inflation expectations falling further, today’s data is in line with a start to cautious rate cuts.
He liked
Spain Retail Sales Growth Eases In March
Spain's retail sales growth moderated in March after accelerating in the previous month, the statistical office INE reported on Friday. Retail sales increased by a seasonally adjusted 0.6 percent year-over-year in March, slower than the 1.8 percent gain in February. Sales have been rising since Dece
He liked
The Bank of Japan kept its target policy rate unchanged at 0-0.1%
Markets US yields reached new YTD highs across the curve following Q1 US GDP data. The 1.6% Q/Qa headline print missed consensus by quite a margin (2.5% Q/Qa), but details showed underlying strength in consumption and investments. The biggest drag came from net exports with imports rising faster tha
He liked
He liked
He liked
EUR/JPY Price Analysis: Bulls continue dominating, yet a consolidation may be incoming
The daily RSI reveals increasing buying momentum, yet nearing overbought conditions hint at a potential technical correction ahead. The hourly chart indicates a shift in short-term momentum towards sellers, and indicators consolidate. The EUR/JPY stands at 165.68, trading with mild gains still in mu
He liked
He liked
WTI flat lines around $83.25 area, downside seems limited amid positive demand outlook
WTI consolidates in a narrow range and is influenced by a combination of diverging forces. Easing geopolitical risks acts as a headwind, though improving demand outlook lends support. Traders look to US Durable Goods Orders and the official US inventory data for a fresh impetus. West Texas Intermedi
He liked
Indonesia Bourse May Extend Tuesday's Gains
The Indonesia stock market on Tuesday snapped the two-day slide in which it had dropped more than 90 points or 1.2 percent. The Jakarta Composite Index now sits just above the 7,110-point plateau and it's tipped to open in the green again on Wednesday. The global forecast for the Asian markets is up
He liked
He liked
He liked
He liked
EUR/USD outlook: Holds grip but recovery still requires confirmation
EUR/USD The Euro remains constructive and ticks higher in early Thursday after Wednesday’s 0.5% bounce from new multi-month low, but initial reversal signal still needs more evidence to be validated, as daily studies are predominantly bearish. Another strong bullish daily close is needed to keep in
Pull-up Update