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France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Aug 21, 2023 when France 40 traded near 7,221.40.

September 6, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian …

Central Banks

Bank of Canada holds rates at 5.00% as expected

September 6, 2023

Prior was 5.00% The Canadian economy has entered a period of weaker growth The tightness in the labour market has continued to ease gradually Recent …

Central Banks

BOE’s Bailey: Many indicators are signalling a fall in inflation, which will be marked

September 6, 2023

Wage bargaining has surprised to the upside There has been a very large terms of trade shock in this country Many indicators are signalling a …

Central Banks

Poland central bank delivers a surprise 75 bps cut vs -25 bpd expected

September 6, 2023

Poland cuts its main interest rate to 6.00% from 6.75%. A sign of things to come? This article was written by Adam Button at www.forexlive.com. …

Central Banks

Bank of England Governor Bailey set to testify shortly

September 6, 2023

Coming up at 1415 London time, we will get a few members of the MPC speaking in parliament: Andrew Bailey, Governor, Bank of England; Sir …

Central Banks

Fed’s Collins: IT’s time for mon pol to be patient and deliberate

September 6, 2023

Fed should ‘allow time’ when making monetary policy choices Too soon to say inflation sustainably moving back back to target Fed must balance lowering inflation …

Technical Analysis

Ethereum Technical Analysis – New lows in sight

September 6, 2023

Last week, Bitcoin jumped following the news that Greyscale won the lawsuit against the SEC as the D.C. court ruled that the SEC improperly rejected …

Central Banks

ECB’s Kazimir: The preferable option would be to hike rates by 25 bps next week

September 6, 2023

One more, likely last rate hike, still needed The alternative option would be to hike in October or December Inflation remains stubbornly high, price growth …

Technical Analysis

Bitcoin Technical Analysis – Watch this key support

September 6, 2023

Last week, Bitcoin jumped following the news that Greyscale won the lawsuit against the SEC as the D.C. court ruled that the SEC improperly rejected …

Technical Analysis

Copper Technical Analysis – Watch out for a breakout

September 6, 2023

The weakening global growth and the deteriorating Chinese economic data keep on weighing on Copper putting a lid on any rally. The Chinese authorities seem …

Central Banks

ECB’s Knot: Markets may be underestimating September rate hike chances

September 6, 2023

Bringing inflation to 2% by the end of 2025 is the bare minimum Rate hike is a possibility, not a certainty He touts the headline …