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Citing sources with the knowledge of the matter, Politico reports that the European Council President Charles Michel is expected to present the long-term European Union (EU) budget negotiating box to governments ‘in the second half of next week’. On Monday, German Chancellor Angela Merkel said that

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Nonfarm payrolls expanded by a record 4.8 million but that leaves another 15 million to go. The BLS Employment Report for June shows employment rose by 4.8 million and the unemployment rate fell to 11.1% Initial Reaction Both numbers are better than the consensus. The Bloomberg Econoday consensus jo

USD/JPY The rally within the medium term range has been scuppered as a “bearish engulfing” daily candlestick formed yesterday to break the mini recovery uptrend. The momentum in the move has been lost as Stochastics are crossing back lower this morning and MACD lines tail off again even before they

AUD/USD fades the late US-session bounce from 0.6900. China’s fresh punitive measures on Australian beef join broadly downbeat trading sentiment. Australia’s AiG Performance of Construction Index rose, Commonwealth Bank PMIs weakened in June. Aussie Retail Sales and Caixin Services PMI from Beijing

The only time the bears appeared during yesterday's trading, was at the very U.S. open. A steady move higher followed, with the final hourly upswing erased 15 minutes before the closing bell. How concerning is this? I don't think it's a setback worth much mentioning. Yesterday's ADP non-farm employm

Morgan Stanley strategists believe a new cycle has started and a recovery could be more normal than investors expect, therefore, there is room for the S&P 500 to rise 12% through June 2021. Key quotes “Morgan Stanley strategists have increased their base-case equity targets across the board with

US stock futures jumped, and European equity indices pushed to highs of the day after a stand-out jobs report. Today's US jobs figures show the economy is bouncing back, but there is a still a long way to go to replace all the millions of jobs lost due to the pandemic. Permanent destruction of deman

Following the launch of FOLLOWSTAR and it’s 90USD bonus campaign, we now have a new message feature that will be grouped by regions. You may connect and interact with FOLLOWME and other users within the same region, specifically: Vietnamese TradersIndonesian Traders Malaysian TradersThai TradersOnce