Silver price nears two-month low as Fed hike bets cap XAG/USD
Silver (XAG/USD) remains under pressure on Wednesday and trades around $64.70 at the time of writing, down 1.02% on the day. The white metal is attempting to stabilize after hitting…
Denmark: Core inflation rise as headline stays below Euro area – Nordea
Nordea’s Jan Størup Nielsen notes that Danish consumer prices rose 1.9% year-over-year in May, with core inflation at 2.1%, its highest level since the start of 2024. Monthly inflation was…
The major indices are lower but well off premarket low levels
The major U.S. stock indices are trading lower on the day, but all have recovered from their post-CPI lows after the inflation report came in largely as expected and, importantly,…
Czech Koruna: Early CNB hikes support CZK outlook – ING
ING’s Frantisek Taborsky notes Czech inflation has surprised on the downside, but strong wage growth and stable core inflation keep the Czech National Bank on track for a rate hike…
New Zealand Dollar steady on mixed China data, three-year high US CPI
NZD/USD trades around 0.5815 at the time of writing on Wednesday, little changed on the day, as investors digest a series of macroeconomic releases from China and the United States…
The oil market might be sensing demand destruction as Fed hikes come into the equation
FUNDAMENTAL OVERVIEWThe oil market has been dead for months. The price action has been mostly rangebound with bouts of volatility caused by US-Iran headlines. There is no direction whatsoever, just…
The Salloum Standard: How True Leaders Protect Their Communities from Exploitation
In the digital era, the relationship between a leader and their community is built entirely on a single, fragile foundation: trust. When a leader provides high-value insights, mentorship, or market…
Bitcoin’s 200-Week Ma: History Points to an 11-Month Wait
Market Overview The crypto market capitalisation has fallen by 2.7% to $2.12T, failing to establish a sustainable growth trajectory. At the time of writing, the market has not yet reached…
Chart Alert: USD/JPY Advances Toward the Next 161.60/95 Key Intervention Levels
Key takeaways USD/JPY remains supported by a widening US-Japan yield differential. Markets are increasingly pricing a more hawkish Federal Reserve, with rising expectations of a Fed rate hike later in…
The USD is little changed vs the EUR, JPY and GBP to start the North American session
The USD is little changed vs the EUR, JPY and GBP to start the North American session. IN the video above, I take a look at the technicals that are…
