Technical Analysis EURUSD finds willing sellers against the 100 hour MA to start the trading week Posted onJuly 31, 2023 The EURUSD has seen down-and-up trading to start the new trading week. The move to the downside and the Asian session installed ahead of its …
Technical Analysis Nasdaq Composite Technical Analysis – Key resistance in sight Posted onJuly 31, 2023 Last week, the Fed hiked by 25 bps as expected and left everything unchanged. The market was more focused on the press conference to see …
Technical Analysis Gold Technical Analysis – Watch out for economic data this week Posted onJuly 31, 2023 Last week, the Fed hiked interest rates by 25 bps as expected leaving the policy statement unchanged. The market was eager to get some clues …
Technical Analysis Dow Jones Technical Analysis – The all-time high is in sight Posted onJuly 31, 2023 Last week, the Fed hiked interest rates by 25 bps bringing the FFR to 5.25-5.50% as widely expected. The policy statement was left unchanged, so …
Technical Analysis Russell 2000 Technical Analysis – Watch this level for the next big move Posted onJuly 31, 2023 The Fed hiked interest rates by 25 bps as expected and kept everything unchanged. This outcome was already baked in, and the market was more …
Technical Analysis S&P 500 Technical Analysis – “Make it or Break it” moment for the Market Posted onJuly 31, 2023 Last week, the Fed hiked the interest rates by 25 bps as widely expected. The market was more focused on the Fed Chair Powell’s press …
Central Banks Core inflation likely to gradually slow towards year-end – BOJ quarterly report Posted onJuly 31, 2023 Japan’s economy is likely to continue recovering moderately for the time being The rate of increase in CPI is likely to decelerate But it is …
Market Outlook - European Market US Dollar Gains as Yields in JGB and Treasury Markets Rise. Where to for USD? Posted onJuly 31, 2023 The US Dollar grabbed the higher ground again today with Treasury yields joining JGBs at a higher level. A firm China PMI read also helped …
Central Banks Goldman, Morgan Stanley say BOJ’s latest move will boost Japanese stocks Posted onJuly 31, 2023 Bloomberg (gated) have the comments from Morgan Stanley and Goldman Sachs. Morgan Stanley say: Opportunities in Japanese equities are “now even clearer” the BOJ adjustment …
Central Banks Federal Reserve Bank of Chicago President Austan Goolsbee is speaking Monday 31 July 2023 Posted onJuly 31, 2023 Coming up at 1320 GMT, which is 9.20 am US Eastern time: Federal Reserve Bank of Chicago President Austan Goolsbee participates in an interview on …
Central Banks Bank of Japan Governor Ueda appoints new head to monetary policy development department Posted onJuly 31, 2023 The Bank of Japan has a new head of the department that oversees the drafting of central bank policy. Kazuhiro Masaki is described as an …