0.0 00 Points to consider with the British Pound: UK jobless claims to increase for the third time this year. Average weekly earnings to rise 2.4 percent annually. Highest since September. UK jobless claims are expected …
Read More »Asian Markets move lower on the Day
0.0 00 Asian markets opened mostly lower this morning after a mixed finish on Wall Street. Investors are digesting a mixed bag of second quarter (Q2) corporate financial earnings. Overnight, the Dow Jones was up 26 …
Read More »The ASX 200 in Australia Extends Gains
0.0 00 ASX 200 (5,433.50) The headline stock exchange in the Down Under, the ASX 200, continue to move higher as the heavily weighted financial sub-index provided nice support this morning. This move higher follows the …
Read More »The British Pound should gain on the UK CPI
0.0 00 The British Pound should recover nicely today against the US Dollar as the headline UK consumer price index (CPI) is forecasted to pick up for the month of Jul. Signs of stronger inflation could …
Read More »Gold is trying to Carve out a Higher Low
0.0 00 Points to consider in this gold article: In the medium term, gold remains bullish. In the bigger picture, bullish gold remains favorable on the backdrop of macro-news events. The yellow metal, (XAU/USD), is continuing …
Read More »European Stocks Open Higher this Morning
0.0 00 This morning, European stock bourses opened a touch higher, only to fall flat at the time of this report. Investors are digesting a number of geopolitical news, from the failed coup in Turkey, the …
Read More »The Nikkei 225 Consolidates after Turkey
0.0 00 Nikkei 225 (16,585) Today, the Japanese headline stock bourse, the Nikkei 225, was trading sideways as price action oscillated around the technical level of 16,500. Markets in the Asian and Pacific Rim have calmed …
Read More »Euro Hits a 2 Week against the Pound
0.0 00 EUR/GBP (0.8331) Points to consider in this euro Forex market: The euro has fallen to a two week low against the British Pound. The Bank of England (BOE) left rates as is strengthening the …
Read More »Aussie Dollar could get Support from their Jobs Release
0.0 00 Points to consider in this Aussie Dollar article: Australia’s employment report is projected to show an increase. This would be the fourth straight month. The unemployment rate should touch 5.8%. The highest on record …
Read More »Asian Markets turn Mixed after Stimulus Disappointment
0.0 00 Asian markets have turned mixed today after following Wall Street’s flat finish overnight. However, they managed to finish near the break-even and in some cases higher as they push further into record territory. In …
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