Forex News
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The UK Financial Conduct Authority (FCA) has launched criminal proceedings against Lee Steven Maggs of Sittingbourne, Kent, for two counts of fraud and one count of breaching the Financial Services and Markets Act 2000 (FSMA). The three counts are as follows: • Carrying on regulated activity (namely managing investments) whilst unauthorised, contrary to ...
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Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar. chart The Wall Street Journal reports Cathie Wood’s Popular ARK Funds Are Sinking Fast Cathie Wood’s investors are jumping ship. They rushed into her funds and won big during the pandemic, when the star fund manager ...
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In a recent post, I tried to warn people about the substantial and growing chance of World War 3. My post was focused on the risk that a war will occur, but it didn’t really focus on the risk that the US and its allies will be defeated in that war. Yes, nuclear weapons are a factor, but there’s no certainty they’ll be unleashed in WW3, even by the losing ...
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The Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were Rents (+2.1%), Secondary education (+6.1%), Tertiary education (+6.5%) and Medical and hospital services (+2.3%). Main features: All groups CPI, Australia, quarterly and annual ...
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On Wednesday, investors may begin to focus on the Friday, April 26, session. Inflation numbers from Tokyo need consideration after recent comments from Bank of Japan Governor Kazuo Ueda. The Bank of Japan Governor spoke on Tuesday (April 23), warning about rate hikes if inflation continued to accelerate toward the 2% target. On Friday, inflation numbers ...
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post: ECB'S NAGEL: WE ARE NOT FULLY CONVINCED THAT INFLATION WILL ACTUALLY RETURN TO THE TARGET IN A TIMELY AND SUSTAINED MANNER. post: ECB'S NAGEL: A JUNE RATE CUT IS NOT NECESSARILY FOLLOWED BY A SERIES OF RATE CUTS post: ECB'S NAGEL: SERVICES INFLATION REMAINS HIGH AND DRIVEN BY CONTINUED STRONG WAGE GROWTH. post: ECB'S NAGEL: WE CANNOT PRE-COMMIT TO A PARTICULAR RATE PATH. post: ECB'S NAGEL: IN FAVOUR OF A JUNE RATE CUT IF DATA SHOWS A RETURN TO 2%
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On Wednesday, investors may begin to focus on the Friday, April 26, session. Inflation numbers from Tokyo need consideration after recent comments from Bank of Japan Governor ...
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Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials. “Amid no change in US and Japan ...
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Asia-Pacific markets extend gains as Wall Street continued to rally for a second straight day and investors look toward first-quarter inflation figures from Australia. Australia’s ...
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The Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were ...
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post: ECB'S NAGEL: WE ARE NOT FULLY CONVINCED THAT INFLATION WILL ACTUALLY RETURN TO THE TARGET IN A TIMELY AND SUSTAINED MANNER. post: ECB'S NAGEL: A JUNE RATE CUT IS NOT NECESSARILY FOLLOWED BY A SERIES OF RATE CUTS post: ECB'S NAGEL: SERVICES INFLATION REMAINS HIGH AND DRIVEN BY CONTINUED STRONG WAGE GROWTH. post: ECB'S NAGEL: WE CANNOT PRE-COMMIT TO A PARTICULAR RATE PATH. post: ECB'S NAGEL: IN FAVOUR OF A JUNE RATE CUT IF DATA SHOWS A RETURN TO 2%
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post: BoJ to Discuss Impact of Yen’s Rapid Slide at This Week’s Policy Meeting - Nikkei post: BOJ IS CLOSELY WATCHING CORE INFLATION AS IT WEIGHS THE TIMING OF ADDITIONAL HIKES - NIKKEI RATHER THAN RUSHING FURTHER TWEAKS, BOJ AIMS TO CAREFULLY MONITOR MOVES BY SMALLER BUSINESSES TO RAISE PAY AND PASS ALONG INCREASED COSTS - NIKKEI post: "WE WANT TO CONFIRM THAT THE CYCLE BETWEEN WAGE AND PRICE GROWTH IS STRENGTHENING," BOJ SOURCE TOLD NIKKEI
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Last year, we looked at charts of Silver/Euro and Dow/Gold, both of which were on the verge of significant long-term breakouts. Since that time, the suspected breakouts have occurred, providing key evidence that the bull market in precious metals is indeed underway. It's time to review these fascinating charts. chart We'll start with Silver/Euro and note ...
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Commodity Market Elliott Wave Analysis for Bitcoin, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas. Commodity Market Elliott Wave Analysis Update: No Change in Wave counts. Bitcoin strengthens its case for having Wave (4) in place. Not so much with ETH. Dollar to continue higher with 10 yr. Yields. Gold, silver, ...
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FNG has learned that a number of leading (and not-so-leading) retail prop trading firms have begun to implement rules for their clients that restrict the trades that can be made (or, profit that can be booked) by traders immediately around major news events. The practice, known as News Trading, is a risky strategy whereby a trader takes a significant ...