Investor confidence data from euro area is due on Monday, headlining a light day for the European economic news.
At 1.00 am ET, Statistics Finland publishes industrial production figures for June. Production had declined 3.8 percent annually in May.
At 1.45 am ET, the Swiss unemployment data is due
China's consumer price inflation accelerated in July on higher food costs as regional flooding disrupted transportation, and the decline in factory gate prices slowed further reflecting the recovery in economic activity, official data showed Monday.
Inflation rose to 2.7 percent in July from 2.5 per
Speaking at a news briefing, Wang Wenbin, a Chinese Foreign Ministry spokesperson, urged the European Union (EU) to not interfere in the Hong Kong affairs, per Xinhua news agency.
“Hong Kong is a special administrative region of China, and Hong Kong affairs are purely China's internal aff
CLSA Premium Limited, a Hong Kong-based forex broker, on Tuesday, has posted the results of the voting on a proposal for winding up of its business, showing a decision against it.
In a voting process conducted earlier today in an extraordinary general meeting (EGM), 80 percent of
A combination of factors assisted gold to scale higher for the seventh straight session on Monday.
Extremely overbought conditions on short-term charts warrant some caution for bullish traders.
Gold maintained its strong bid tone through the first half of the European trading action and was last se
The Australian stock market is little changed on Thursday after opening higher following the positive lead overnight from Wall Street on upbeat coronavirus vaccine news and better than expected quarterly results from financial services giant Goldman Sachs. Gains by banks and oil stocks were offset b
Binance.US, the US arm of the world’s largest cryptocurrency exchange by volume, has partnered with Sovos, a startup that focuses on cryptocurrency accounting and auditing, in order to modernize its tax information reporting.
Binance.US will use Sovos’ technology to automate its 1099 for
The Dollar rallied in N.Y. on Wednesday, taking the DXY to highs of 97.11 from overnight lows of 96.55. The USD headed higher largely on safe-haven flows, as the sharp rise in U.S. virus cases saw risk-taking levels evaporate, with fears rising that the tentative economic recovery could come undone
GBP/USD stays on the back foot near the lowest since June 01.
A sustained break of key support line, now resistance, as well as 50-day SMA, keep sellers hopeful.
61.8% Fibonacci retracement adds to the upside barrier.
GBP/USD declines to 1.2413, down 0.09% on a day, amid the early Tokyo session on
All eyes on the granddaddy of them all: US Non-Farm Payrolls
With the coronavirus pandemic continuing to dominate market attention, investor attention over the week ahead will turn to April's US jobs report where the unemployment rate is widely expected to reach multi-decade highs.
Euro Rebounds But Gains Remain Weak
The euro currency managed to build upon the bullish momentum from Friday.
However, after rising to intraday highs of 1.0860, the euro pulled back.
EURUSD remains stuck within the range of 1.0950 and 1.0787.
The current hidden divergence on the Stochastics suggests