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EUR/USDToday’s support: - 1.0845 and 1.0803(main), where correction is possible. Break would give 1.0784, where correction also may be. Then follows 1.0755. Break of the latter would result in...
Looking at the upcoming session for Thursday, without a doubt, the GDP numbers coming out of the United Kingdom are probably the most important to pay attention to. With that being said, we pay...
Daily BriefingCurrencies EUR/USD: The pair has formed a reverse head and shoulder pattern on a 30 minute time frame. The next resistance is at 1.1326 and the support is at 1.0817. USD/JPY: The pair...
European futures trading up mostly on Thursday on the back of the optimism that Greece will be able to hammer out a deal with its creditors. However, how much is that credible, there is always a...
There’s been months of negotiations between Greece and the institutions that have yielded very little but finally they appear to making some progress, which is helping to lift sentiment as we...
Europe’s modest recovery is intact, but today’s first look at business sentiment data for May from the European Commission will probably show a mild setback. Later, the US labour market is...
On Tuesday, the Bureau of Census reported that new home sales (a more timely barometer of the housing market than existing home sales) rose 6.8% to 517,000 units (saar) in April, but that followed a...
The S&P 500 rebounded decisively from Tuesday’s selloff. We opened higher and never looked back, easily reclaiming 2,120 support. Volume was slightly below average and less than...
Finland is getting a new conservative government formed by the Center Party, the Finns (populist) and the National Coalition. Juha Sipilä will be the new Prime Minister. The government strategy...
In the world of investing, so many things work better in theory than in practice. Executive stock options? Though originally billed as a way to align management and shareholder interests, they are...
Research Affiliates, in their May newsletter, discussed the importance of "secular stagnation" and a coming decade of low returns. How low you ask? How about 1% kind of low? "But Lance, the markets...
The big economic number this week will be the Q1 Second Estimate for GDP on Friday at 8:30 AM ET.With the BEA's Advance Estimate of 0.2% behind us, what do economists see in their collective crystal...
Regardless of their preferred asset class, the single most important question on traders’ minds is “When will the Federal Reserve start raising interest rates?” Investors and...
Forex News and EventsThe Bank of Canada (BoC) will release its rate decision today. We expect the Bank to leave its target rate unchanged at 0.75%, in line with median forecast. The recent downturn in...
Yielding growthNational Grid (LONDON:NG)’s FY15 results demonstrated once again the company’s operational excellence in the UK, and reiterated that the US planned rate filings are on...