French government spokesperson says France is averaging around 320,000 new COVID-19 cases a day 0 (0)

The hope for France and many other countries facing the omicron wave is that infections will peak in late January or early February and then tail off. So far, we’re still heading towards that peak for France and it is a bit concerning as hospitalisations and intensive care admissions are starting to

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Bitcoin’s Move Beyond $40-45K Will Determine Further Trend 5 (1)

The
Crypto Fear and Greed Index remains at 24 for the third day, matching the
extreme fear assessment.

 

However,
such a low index reading this time does little to describe the dynamics of a
market whose total capitalisation has been moving between $1.95 trillion and
$2.00 trillion since Tuesda

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Triple importance of the 15,000 level on the Nasdaq100 0 (0)

Financial
markets rebounded on Thursday after crucial US indices fell about 1% a day
earlier. The Nasdaq 100 index closed down 1.3% and moved into a correction
phase, completing more than 10% below the peak. However, this is still a formal
movement, and the primary battle between the bulls and the

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FX option expiries for 20 January 10am New York cut 0 (0)

Just a couple of large ones to take note of for EUR/USD, as highlighted in bold.In general, the expiries layered through from 1.1300 to 1.1360 are key attraction points so that should keep price action more anchored before rolling off later in the day. There’s not much else notable on the board b

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Eurozone December final CPI +5.0% vs +5.0% y/y prelim 0 (0)

Core CPI +2.6% vs +2.6% y/y prelim

The preliminary report can be found here. No change to the initial estimates as this just reaffirms the higher inflation pressures in the euro area amid the turn of the year. That will continue to keep the pressure on the ECB and their narrative that inflati

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Beijing reports 5 more positive COVID-19 cases today 0 (0)

After the omicron case over the weekend, another positive case was reported yesterday. So, this adds to those figures. The Beijing municipal health commission is out saying that the cases have been found in several districts and warns of a complicated situation in terms of epidemic prevention and co

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FX option expiries for 19 January 10am New York cut 0 (0)

There isn’t anything significant to take note of for today. However, there will be a couple layered for EUR/USD that are rolling off tomorrow at 1.1300 to 1.1360, so keep that in mind in case it plays into price action.
For more information on how to use this data, you may refer to this pos

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History, High Inflation and Why Economists in the US Failed to Predict It 0 (0)

Inflation is a very hot topic at the moment, and everyone is wondering if it will reach levels comparable to 1970’s. This is the first in a long time when well developed countries experience inflation, as they’ve rather been used to fight deflation in their economies. Last year, many economist

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