Markets
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The markets react to Andy Burnham’s resounding win in Makerfield
The winds of political change look like they will be blowing in Westminster sometime soon, after a resounding win for…
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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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Will Massive AI Investments Bring Dark Clouds Over Wall Street?
Key takeaways Hyperscalers are expected to spend approximately $760 billion on AI in 2026, while estimated revenues generated from AI…
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Gold loses 1.5% as Goldman Sachs cuts its 2026 bullion price target
Key takeaways Goldman Sachs has lowered its year-end gold price forecast to $4,900 per ounce amid expectations that the Federal…
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Limited volatility and a strong dollar
Friday’s session is marked by mixed sentiment and limited volatility. In the European session, the balance between demand and supply…
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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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United Kingdom Retail Sales beat expectations in April: What 1.2% means for the British Pound
Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) climbed 1.2% month-over-month (MoM) in May after falling…
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The Overview – Asia pulls back on peace skepticism. Tokyo flags yen intervention
US Equities & Market Sentiment US stock futures cool down as geopolitical optimism fades: Wall Street futures are retreating, giving…
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Gold slumps to one-week low; $4,100 back in sight amid Fed hike bets and bullish USD
Gold prolonged its downtrend for the third straight day on Friday amid a bullish US Dollar. The Fed’s hawkish tilt…
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