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Today, fresh monthly values of the PMI index, which is considered a leading indicator of the state of the economy, have become known: France: actual 43.6, expected 46.2. This is the worst economic contraction since the coronavirus. Germany: actual 39.8, expected 39.5. As a reminder, values below 50 indicate a slowing economy. Thus, the PMI […]
Weekly News Summary for September 15 to 21 Friday: September 15: Chinese Economy Shows Improvement, Real Estate Still Weak According to data released on Friday, economic activity in China improved in August, hinting that growth in deflation can stabilize. On the other hand, real estate data showed that the sector may still face challenges. Moreover, […]
Outlook on FTSE 100, DAX 40 and S&P 500 in the wake of a ‘rates higher for longer’ scenario.
This morning, the Bank of Japan’s decision on the interest rate, which has been kept at -0.1% since 2016, became known. The rate size remained unchanged. Although surprises could occur due to the fact that inflation is still above the central bank’s target of 2% for the 17th month in a row. So a tightening […]
In the intricate landscape of financial markets, grasping the significance of trading volume across various assets is paramount. This aspect of the market represents the ability to dissect and comprehend its dynamics— a skill often developed by experienced traders. Working with established platforms like FXOpen, market participants have access to a myriad of analysis techniques. […]
Market volatility, characterised by rapid price fluctuations, presents both opportunities and challenges for traders. Understanding its causes, measuring it effectively, and employing strategies to capitalise on it can lead to better trading results. This article explores the essentials of market volatility, from its definition and measurement to strategies like breakout and swing trading. Definition and […]
At the US Federal Reserve meeting, officials expectedly kept the interest rate at 5.25–5.50%. According to the head of the regulator, Jerome Powell, tightening monetary policy is still possible if indicators begin to show negative dynamics again. At the same time, the US Federal Reserve aims to implement a program of gradually reducing the rate […]
The pound remains vulnerable to further selling as worse than expected retail sales data adds to the post-BoE selling. Later, subdued UK PMI forecasts add to the mix
PAAL AI (PAAL): Price Declines and Community Optimism Also The cryptocurrency market is known for its volatile nature, and PAAL AI (PAAL) is no exception. Despite experiencing a recent price decline, the coin has caught attention because a surge in trading volume and the community’s bullish sentiment. This article will dissect the token’s various aspects […]
JPY dropped against USD after the BOJ kept its ultra-loose policy settings and maintained the target around 0% and the cap of 1.0% for the 10-year bond yield. What’s next for USD/JPY?
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