There is no universal recipe for success in trading. However, there are some baselines you should follow to have a better shot at gaining profit. You can learn these vital reference points from your own mistakes—or choose the easier way and study the experience of others. In this article, Kar Yong Ang, financial analyst at … Read more
Prior 61.7 Current conditions 61.7 vs 60.9 prelim Prior 68.0 Expectations 55.9 vs 57.2 prelim Prior 57.7 Inflation expectations: 1 year 4.8% vs 4.9% prelim Prior 4.5% 5 year 3.5% vs 3.9% prelim Prior 3.4% The data is slightly lower than preliminary estimates and although inflation expectations are still higher than the prior month, they … Read more
Prior month -0.1% Advanced estimate for the month of July +0.1% GDP Q2: Q/Q annualized -1.6% vs -0.6% Prior 2.2% (revised to -2.0%) The Canadian dollar weakened across the board following the release as the data disappointed across the board. StatCan notes that the contraction in the second quarter was driven by significant declines in … Read more
Prior +2.0% HICP +2.1% vs +2.0% y/y expected Prior +1.8% The state readings, which were firmer than estimated, from earlier can be found here. Core annual inflation remains unchanged for a third straight month at 2.7%. That is still on the higher side as it holds above the ECB’s 2% target, so more work needs … Read more
Nomura highlights that concerns are starting to grow on the Fed’s independence and if that continues, would represent a structural bearish factor against the dollar. As things stand, the greenback is already facing headwinds from the Fed poised to ease monetary policy, softer US growth momentum, and policy divergences with the likes of Europe and … Read more
Stocks are starting to run into trouble on the day now. S&P 500 futures are down 0.4% with tech shares leading the declines as Nasdaq futures are down 0.6%. In Europe, the more sluggish week is also starting to turn bad with both the DAX and CAC 40 indices down 0.6% currently. There’s no fresh … Read more
In the fast-moving world of online trading, the choice of broker can define a trader’s success. Foti Markets is emerging as a trusted name, delivering a trading environment built on trust, performance, and unwavering support. The company’s philosophy is simple: provide the essential tools and conditions that traders and Introducing Brokers (IBs) need to succeed. … Read more
For some context, Wicker is one of the more vocal advocates for Taiwan in Congress and said that his visit is to reinforce the “great partnership” between the two camps. As he arrives in Taipei, he adds that “we are here to get a better understanding of the needs and concerns of our friends in … Read more
Prior +1.0% HICP +0.8% vs +0.9% y/y expected Prior +0.9% The monthly headline figure does show that consumer prices are seen up another 0.4%, up for three straight months now. But the headline annual estimate is seen moderating a little with services inflation in particular easing to 2.1% from 2.5% in July. This article was … Read more
Will that continue into the London fix later? That’s always the tricky part of dealing with price action and market flows during month-end trading. As things stand, it’s hard to gather all too much conviction amid the market moves we’re seeing in the past few sessions. Fed funds futures are already pricing in ~84% odds … Read more
