ECB Announced a Faster End to its Asset Purchases Program
The European Central Bank (ECB) handed to down its monetary policy decision earlier today and surprised many market participants, by announcing the end of its asset purchase in Q3
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The European Central Bank (ECB) handed to down its monetary policy decision earlier today and surprised many market participants, by announcing the end of its asset purchase in Q3
Further to yesterday's article, we note that XAUUSD remains in its bullish area between the upper blue and red bands. This as per the chart on the left. Gold bulls pushed the precious metal price to a high for the week of 2,070.30 before "running out of puff" to the bears. At 2,005, bulls may be looking to get back in, following the unproductive meeting between Ukraine and Russian foreign…
The commodity posted its worst day in nearly two years yesterday, but it finds support during today’s European session
In today's "Morning Market Review", we start by looking at the pullback in gold. We also discuss the possibility of an exhaustion gap in oil and the current bounce in risk markets. Finally, we end off the webinar by looking at bitcoin.
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
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