A state of flux so far in European morning trade 0 (0)

European indices are now down around 0.3% across the board while US futures are also down by a similar decline on the session, as we see more of a push and pull for the time being.The bond selloff is also taking a breather as yields drop a little in European morning trade. 10-year Treasury yields we

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Russia repeats that military operation in Ukraine is going according to plan 0 (0)

Any possible contact of our forces with NATO’s could lead to consequences that would be hard to correctUS exerting pressure on other countries with regards to Russia’s G20 membershipSome countries are holding their own sovereign positions despite US pressureAs things stand, Russia is insisting that

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ForexLive European FX news wrap: USD/JPY at six-year highs as yen tumbles across the board 0 (0)

Headlines:USD/JPY extends gains as bond yields also push higherJapan finance minister says closely watching movement in yen exchange rateMoscow says that Russia-Ukraine talks are still continuingSNB reports foreign currency interventions of CHF 21.1 billion in 2021ECB’s de Guindos: We can dismiss th

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What is a Forex Broker, its Functions, and How to Choose a Broker? 5 (1)

To perform trading operations,
a trader requires access to the interbank Forex market, which is
provided by a broker. In other words, a broker is an intermediary. On the Forex
market, a broker fulfills the above-mentioned functions and acts as an
intermediary between an interbank currency facility

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UK March CBI trends total orders 26 vs 16 expected 0 (0)

Prior 20Trends selling prices 80Prior 77UK industrial orders balance hits a joint-record high with output price expectations jumping to its highest since records began in 1975. A net balance of 80% of manufacturers in March had raised prices for domestic orders booked over the next three months, up

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Moscow says that Russia-Ukraine talks are still continuing 0 (0)

Would like talks to be more active and substantiveDoes not intend to make public its detailed demands to UkraineAs is the case over the past two weeks, don’t expect things to change in negotiations between both sides. There is no room for give considering the current demands, so expect the stalemate

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Eurozone January construction output +3.9% vs -4.0% m/m prior 0 (0)

Prior -4.0%; revised to -1.5%Construction output +4.1% y/yPrior -3.9%; revised to +0.2%That’s a solid bounce, alongside a sharp revision higher to the December figures. Of note, building construction increased by 4.2% and
civil engineering by 1.4% in January. In any case, this is very much a lagging

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ForexLive European FX news wrap: Dollar steady, markets calmer 0 (0)

Headlines:Ukraine reaffirms rejection of Russian proposal to surrender in MariupolMoscow says that there is still no basis for possible Putin-Zelensky meetingDutch PM Rutte: EU too dependent on Russian oil and gas to cut it off tomorrowChina Eastern Airlines has grounded all of its Boeing 737-800 ai

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China Eastern Airlines has grounded all of its Boeing 737-800 aircraft after plane crash 5 (1)

This relates to the accident involving flight MU5735 earlier here. Officials are still investigating the accident so this move is likely just a precautionary measure, as it should be for the time being.For added context, the latest crash today puts an end to the decade-long safety record for China’s

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China to offer ¥1 trillion worth of tax rebate to small firms 5 (1)

China is showing that it is willing to take action to try and bolster economic confidence after the latest COVID-19 lockdowns have thrown a bit of a curveball to the outlook.China’s cabinet is also out saying that they are to deploy comprehensive policies to stabilise market expectations and maintai

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