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Monday, July 22, 2024

European Markets Wrap-Up | Bundesbank calls for rate cuts to be "carefully considered" as inflation risk persists

Bundesbank calls for rate cuts to be "carefully considered" as inflation risk persists

Some of the factors supporting the economy are making it more difficult to achieve inflation target The labour markets is still operating at a high capacity Wage growth is brisk and prices are rising... 

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Bitcoin Technical Analysis – The bullish bias remains intact

Fundamental Overview Bitcoin rallied strongly last week after a failed attempt to assassinate the former US President Trump. The market reacted positively to the event because he's been a supporter of... 

Copper Technical Analysis - The PBoC rate cuts might reverse the recent rout

Fundamental Overview Copper experienced a strong rout last week with market participants blaming the soft Chinese economic data and the increase in inventories in most global warehouses suggesting som... 

ECB's KaΕΎimΓ­r: Market pricing of two rate cuts by year-end is not entirely misplaced

No need to rush decisions Data will set the stage for September decision The door remains open to additional easing should conditions warrant it The ECB narrative now is that they would want to cut ra... 

US futures keep steadier so far on the day

US stocks will be looking to bounce back after a bit of a hiccup last week. Tech shares saw its worst showing since April with the Nasdaq erasing its monthly gains for July. So far today, we are seein... 

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Latest Forex Orders

FX option expiries for 22 July 10am New York cut

There are a couple of large ones in the likes of EUR/USD, USD/JPY, and USD/CAD. However, they are all unlikely to feature as they are quite a distance away from the spot price currently. As such, the... 

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