UK inflation changes interest rate expectations Traders have revised down their expectations for the Bank of England's key interest rate after an unexpected rise in inflation in the country, reducing their confidence in two possible cuts of 25 basis...
Market Fundamentals: Market participants will also closely monitor upcoming economic data, including the US Personal Consumption Expenditures Price Index (PCEPI) inflation report and the quarterly update on US Gross Domestic Product (GDP) growth....
Core Points about NZDUSD: The RBNZ Governor's speech, along with the Monetary Policy Statement and RBNZ Cash Rates, has significantly strengthened the New Zealand dollar. Positive signals from the central bank have boosted investor confidence,...
The crude oil market, as represented by the CL_H1 chart, is currently exhibiting a period of consolidation following a prolonged downtrend. The price is trading around 71.68, facing resistance near 72.09 and support closer to 70.40. This...
Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...
