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Thursday, January 23, 2025

European Markets Wrap-Up: Nasdaq Technical Analysis – The bulls remain in control

Nasdaq Technical Analysis – The bulls remain in control

Fundamental Overview The Nasdaq has been keeping the bid since last week as the softer than expected US inflation data gave the market a boost. We haven't got any key economic report since then and no... 

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UK January CBI trends total orders -34 vs -35 expected

Prior -40 The downturn in the UK industry eased just ever so slightly to start the year. And the worrying part for the BOE is that the index for manufacturing average prices for the next three months... 

ECB's Escriva: We still have restrictive policy

We need to move to a neutral stance This follows from his remarks in the previous day here . The ECB will meet next week and is set to cut rates again by 25 bps, with a strong likelihood of another on... 

S&P 500 Technical Analysis – A new all-time high is within reach

Fundamental Overview The S&P 500 has been keeping the bid since last week as the softer than expected US inflation data gave the market a boost. We haven't got any key economic report since then a... 

Heads up: Trump set to address world leaders in Davos later today

Trump won't be there himself but he will be engaging with world leaders at the forum via a video dialogue/conference. The event itself is slated for 1600 GMT but the topics that he will be discussing... 

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Latest Forex Orders

FX option expiries for 23 January 10am New York cut

There is arguably just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0400 level once again. The larger expiries there is likely to keep price action more loc... 

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