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Trade of The Day – NOK/SEK
Facts The NOKSEK closing price has remained below the 23.6% Fibonacci retracement level (measured from January 13 to May 15)…
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Chart of the day: GBP/CHF snaps back on retail sales recovery
The British pound is regaining momentum at the end of the week, driven by a stronger-than-expected batch of UK economic…
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Today Markets – Friday Market Watch
Key takeaways 3 things to watch on Friday Can the market absorb more change in Westminster? What next for Gilt…
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China nears bear market territory – Alibaba and Tencent lead selloff
China’s main equity benchmark is approaching bear market territory, highlighting growing investor concerns over the country’s economic outlook. Pressure is…
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Trade of the day: GBP/AUD
Facts: The price bounced off key resistance at 1.9070 The price sits below the 100-period moving average from D1 interval…
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Breakthrough in the Middle East or Washington’s Image Capitulation?
The signed memorandum between Donald Trump and Masoud Pezeshkian officially, and at least for the moment, ends the war, opens…
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BMW shares fall to the lowest level since November 2020. Germany automakers face new problems?
Shares of iconic German automaker BMW fell today to their lowest level since autumn 2020 after the company released surprisingly…
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Orlen, CEE’s largest listed company, slides as oil falls below $80
Key takeaways Orlen (PKN.PL) shares have fallen from around PLN 148 to PLN 124. Global crude oil prices have retreated…
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هل شركة «سبيس إكس» مجرد فقاعة؟ لقد أخذ المستثمرون هذا المستقبل المشرق في الحسبان بالفعل
Elon Musk’s space business continues to dominate financial headlines, and for good reason. SpaceX, which went public on Friday, June…
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Chart of the Day – A New Era at the Fed and the Hawkish Shadow of the ECB. EUR/USD at a Turning Point
EURUSD starts today’s session in a noticeably tense yet somewhat uneven atmosphere, where the market lacks a single dominant narrative.…
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