CrankyCocoon

The single European currency is under pressure in the early morning hours of Thursday and trades near 1,0360 level as the reaction of the previous days has no continuation, confirming the scenario that the pattern observed recently has a high probability of remaining on the table. The issue of the i

Partner Center The U.S. ISM services PMI fell from 54.1 to 52.8 in January instead of rising to the projected 54.2 figure, reflecting a slower pace of growth for the month. Components of the report revealed that the employment index remained in expansion for the fourth consecutive month, as it rose

Summary The U.S. trade deficit widened by a record amount in December, leaving the deficit 17% larger in 2024 than in 2023. While the sharp widening is likely temporary, tariff policy remains in focus and is set to disrupt trade flows over the course of the year. It's not just actual policy but the

Japanese Yen (JPY) is outperforming and 10-year JGB yields edged up to almost 1.30%, highest level since April 2011, Société Générale's FX analysts note. JPY is outperforming and 10-year JGB yields"Japan wage growth ran hot in December. Nominal cash earnings came in 1.1pts higher than expected at ne

A Prime Investment Opportunity in Gurgaon BM Paradise introduces M3M Capital Walk, an exceptional commercial development offering high-visibility retail spaces in a high-growth corridor. If you are looking for a property in Sector 113, Gurgaon, this premium commercial hub is designed to meet the nee

The bank lending survey for the fourth quarter was a mixed bag. Credit standards for businesses tightened as concerns about global risks increase, but loan demand is still cautiously expanding. All in all, the moves are too small to expect a meaningful pickup in investment in the months ahead. In th

British Prime Minister (PM) Keir Starmer said on Tuesday, “I am beginning to see the UK’s economy turning around.” Additional comments Artificial intelligence (AI) will be a game-changer. The government hears 'loud and clear' the message to cut regulation. Market reaction GBP/USD maintains its offer

Last time we were looking at a short position on Silver. Well, look what happened…twice! Price action on Silver broke out of this rising wedge and has now formed a triple top. For more selling action, we need to see price action to break below this neckline and for the stochastic oscillator to chang