MARKET NEWS
Apr 15, 2024
Bitcoin (BTC), Ethereum (ETH) Rally on Hong Kong Spot ETF Approval Rumors
News sources are reporting that multiple issuers have been given approval to launch spot Bitcoin and Ethereum ETFs in Hong Kong.
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Apr 15, 2024
FTSE 100, DAX 40 and Nasdaq 100 Begin Week on Cautious Footing
​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid escalating tensions in the Middle East alongside US Q1 earnings season.
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Apr 15, 2024
Aussie Dollar Plummets Amid Conflict Escalations and Chinese GDP Data
The Aussie dollar typically acts as a sentiment gauge, following the S&P 500. Risks of a broader conflict in the Middle East and policy divergences keep AUD on the back foot
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Apr 14, 2024
Markets Week Ahead: Gold Spikes, Dollar Soars, EUR/USD and GBP/USD Slump
The US dollar powered ahead in the second half of the week after the latest CPI reading showed US nudging higher.
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Apr 13, 2024
Gold Price Outlook: Bulls in Control but Bearish Risks Grow on Stretched Markets
Gold climbed this week, setting a new all-time high near $2,430. However, prices eventually backed off those levels, closing near $2,345 on Friday.
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Apr 13, 2024
Euro's Outlook Darkens on Dovish ECB, Geopolitical Risks – EUR/USD, EUR/GBP
The euro suffered a major setback this week, primarily against the U.S. dollar. The European Central Bank's dovish guidance laid the groundwork for the common currency's downturn, but rising geopolitical risks in the Middle East also weighed.
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Apr 12, 2024
EUR/USD Plummets, Eying Largest Weekly Loss in 18 Months
Contrasting data in the US and Europe highlights the need for policy divergence between the Fed and European Central Bank – weighing on EUR/USD
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Apr 12, 2024
US Dollar Hits a Fresh Multi-Month High, Gold Surge Continues Towards $2,400/oz
The US dollar index opens higher in Europe, aided by a weak Euro, and is back at highs seen last November. Gold is unfazed by US dollar strength and continues to print new highs.
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Apr 11, 2024
Euro's Outlook Turns Bearish After ECB Decision, Setups on EUR/USD, EUR/GBP
The prospect of the ECB starting its easing cycle before the Federal Reserve and the Bank of England and delivering more rate cuts than both institutions this year may put downward pressure on the euro against the U.S. dollar and sterling in the near term.
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Apr 11, 2024
Gold, Silver Technical Forecast: Price Action Setups Analysed
Precious metals have eased slightly in the wake of the elevated CPI report. Both gold and silver currently test significant levels of resistance
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