Retail sales data from the UK is due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics is slated to issue UK retail sales data for August. Sales are forecast to grow 0.7 percent on month, slower than the 3.6 percent rise seen in July.
The Bank of England is set to announce the outcome of its monetary policy meeting on Thursday, headlining a busy day for the European economic news.
At 2.00 am ET, the European Automobile Manufacturers' Association is slated to publish Europe's new car registration data for July/August. In the me
Photo: Beeks Financial Cloud
Beeks Financial Cloud Group plc, a financial markets connectivity provider, has published its yearly financial results ending on June 30, 2020, showing solid growth in its business as well as profits.
Per Tuesday’s London Stock Exchange (LSE) filing, the company’s annu
Photo: GO Markets
Conv.rs, a personalised customer engagement platform has revealed exclusively to Finance Magnates that GO Markets, an Australian-headquartered online foreign exchange (forex) broker, has completed the integration of its technology.
Started in 2019, Conv.rs is a comprehensive “plu
The Indian stock market is notably lower after a weak start Wednesday morning with investors pressing sales at several counters from across various sectors.
The overnight tumble on Wall Street where a sell-off in technology shares hurt sentiment and triggered widespread selling in other sectors as w
European stocks are likely to open lower on Friday, extending losses from previous session, due to lingering concerns about global economic growth.
The sell-off on Wall Street yesterday amid concerns about excessive valuations in the tech sector, and the resultant weakness in Asian markets today als
S&P/ASX 200 Technical Analysis Elliott Wave CFD Trading Plus BHP, RIO and CBA ASX200 Technical Analysis: If 6000 becomes the resistance then the market is bearish ASX200 Elliott Wave: (a) (b) (c) corrective rally from current lows to 6100 completed and now an Impulse wave down to 6000 that shoul
At 2.00 am ET Wednesday, U.K. Nationwide house prices for August have been released.
After the data, the pound changed little against its major rivals.
The pound was trading at 141.86 against the yen, 1.3381 against the greenback, 0.8900 against the euro and 1.2190 against the franc around 2:05 am E
Earlier on oil data:
Private oil survey data shows draw in headline crude oil inventory
Note headline draw in crude but the substantial build in US gasoline inventory. Sparking concern about demand recovery once again (ps the government EIA inventory report is more widely watched and this is still
At 5.00 am ET Tuesday, Germany's ZEW economic confidence survey results are due. The economic sentiment index is forecast to fall to 58.0 in August from 59.3 in July.
Ahead of the data, the euro climbed against its major counterparts.
The euro was worth 1.1765 against the greenback, 124.89 against t
Sterling remain remains the strongest one for today, as it’s maintaining post BoE gains. Nevertheless, there is no apparent follow through buying after the initial surge. On the other hand, Dollar appears to be stabilizing mildly, and it’s receiving some support from better than expected jobless cla
Silver prices extend recoveries from 200-hour EMA to attack a three-day-old resistance line.
An upward sloping trend line from July 22 adds to the downside support.
Bullish MACD, safe-haven demand of the metal favor the bulls.
Silver prices snap three-day losing streak while rising to $23.64, up 0.