The major US indices are ending the day with mixed results. The Dow industrial average is lower while the S&P and NASDAQ moved higher. The small-cap Russell 2000 was also higher on the day.The final numbers for the day are showing:Dow industrial average felt -21.42 points or -0.06% at 35089.75S&P in
Kategorie-Archiv: Forex News
WTI crude oil settles at $92.31
The price of WTI crude oil settled at $92.31. That is up $2.04 or 2.26%. The high reached $93.17 and the low was at $90.07.
The high reached the highest level since September/October 2014.
The price last week closed at $87.24. The close this week reached $92.31 for a gain of $5.07 on the week. That
The high reached the highest level since September/October 2014.
The price last week closed at $87.24. The close this week reached $92.31 for a gain of $5.07 on the week. That
ForexLive European morning FX news wrap: Euro adds to gains after hawkish ECB tilt
Headlines:Money markets now price in a 50 bps rate move from the ECB by the end of the yearOil continues to impress as the run higher gathers more legsGoldman Sachs expects ECB to start hiking rates in SeptemberECB survey sees inflation falling back below target next yearEurozone December retail sal
Oil continues to push higher on the day, where to next?
From a technical perspective, it is hard to go against the rise/break in oil prices at the moment.
WTI crude is trading to its highest since 2014 and there isn’t any clear resistance all the way through to $100 perhaps next. However, there is still plenty of food for thought despite the technical
Eurozone December retail sales -3.0% vs -0.5% m/m expected
Prior +1.0%Retail sales +2.0% vs +5.1% y/y expectedPrior +7.8%Euro area retail sales were much weaker than estimated in December as rising consumer inflation may be starting to take a toll on spending/consumption despite it being the Christmas shopping season. Retail sales of non-food products fell
ECB survey sees inflation falling back below target next year
Eurozone inflation seen at 3% in 2022 (ECB projection 3.2%)
Eurozone inflation seen at 1.8% in 2023 (ECB projection 1.8%)
Eurozone growth seen at 4.2% in 2022 (ECB projection 4.2%)
Eurozone growth seen at 2.7% in 2023
Eurozone inflation seen at 1.8% in 2023 (ECB projection 1.8%)
Eurozone growth seen at 4.2% in 2022 (ECB projection 4.2%)
Eurozone growth seen at 2.7% in 2023
Of note, the longer-term inflation expectations for 2026 were r
UK January construction PMI 56.3 vs 54.3 prior
Prior 54.3After a more subdued period towards the end of last year, the UK construction sector is seen gaining momentum as commercial activity surged to a six-month high and helping to offset a weaker rise in house building. Adding to the positives is that it appears that the peak phase of supply ch
4 Ways to Invest Your Money for 2022
So far in 2022, there
is a growing risk from the ongoing health crisis. That is why basic financial
planning and having money set aside for unexpected future expenses has now
become more critical than ever.
is a growing risk from the ongoing health crisis. That is why basic financial
planning and having money set aside for unexpected future expenses has now
become more critical than ever.
Here are four different
ways you can invest your money for this
year.
1.
Inve
EUR/USD nudges to one-week high as dollar stays sluggish
The pair is now trading up to its highest level in a week, clipping the 1.1300 level today. This comes as the dollar remains more sluggish across the board in trading this week, with today being no exception.
USD/JPY is down 0.3% to 114.33 and USD/CHF also down 0.2% to 0.9194 on the day. And we are
USD/JPY is down 0.3% to 114.33 and USD/CHF also down 0.2% to 0.9194 on the day. And we are
4 Investment Moves You Can Make During Inflation
Inflation causes the
prices of goods and services to rise over time. In a high inflationary
environment, investors take steps to help their portfolios stay intact and ease
their concerns over the impact of inflation.
prices of goods and services to rise over time. In a high inflationary
environment, investors take steps to help their portfolios stay intact and ease
their concerns over the impact of inflation.
These moves or hedges,
so to speak, can be either strategic or tactical in na