EUR/USD Soft as Markets Brace for US Inflation & the ECB
The on the defensive is soft following its two-day rebound, as markets await fresh CPI inflation figures from the US and the European Central Bank’s monetary policy decision
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The on the defensive is soft following its two-day rebound, as markets await fresh CPI inflation figures from the US and the European Central Bank’s monetary policy decision
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Stagflation describes an economy experiencing higher inflation pressures at the same time that growth is declining.
The German index made a very poor start to the week, but has been recovering since Tuesday, as markets continue to monitor the situation in Ukraine
In today's "Morning Market Review," we explore oil's reaction to President Biden's announcement that the US will ban imports of Russian oil. We also consider the jump in the GER30 during a down-trending market.
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
The safe-haven has entered its second straight profitable week, hitting today its highest price since August 2020
In this "Morning Market Review," we discuss the possibilities around stagflation and gold. Then, we consider FXCM's DAX CFD, GER30. Markets are oversold, but oscillators may stay at extremes for longer than usual, given the solid risk-off sentiment.
SWIFT is an acronym for the Society for Worldwide Interbank Financial Telecommunication. Based in Brussels, Belgium, SWIFT is an electronic messaging service that enables the world's financial institutions to notify each other when they transfer funds to each other for their customers. It calls itself "the global provider of secure financial messaging services." SWIFT is not a financial institution and doesn't hold or transfer the funds itself; rather, it is…
Oil gapped up on open, with Brent crude reaching $130.67 and WTI's high at $127.53. The price jumps reflect fears of supply disruptions due to the Russian invasion of Ukraine, with the possibility of a ban on Russian oil and natural gas now being considered.
The inverted yield curve is a cause for concern. Therefore, we offer a possible scenario in which it may steepen.
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