I remember
that when I first entered the stock market, I was very excited and nervous, it
felt like a rush of blood. At that time, I had no experience, I didn’t study or
analyse anything about the market, and I knew nothing about the macro economy.
I just kept paying

No mention of which cities are impacted and by how much but in any case, the headline in itself isn’t exactly comforting.China appears to be caught in between whether to adapt to a new approach in dealing with omicron or sticking with a zero tolerance policy on COVID-19 cases. They have relaxed the

Prior 24Trends selling prices 66Prior 62The details of the report show that UK manufacturers expect to raise prices by the most since 1977 over the next three months, as global supply chain issues and labour shortages continue to rattle cost/price pressures. Adding to that, export prices expectation

There are some near-term risks related to omicronBut it is not a factor that will influence activity levels for the yearWe think that inflation will fall „quite a bit“ later this yearRather than focus month by month, ECB has clear vision of direction i.e. inflation will fall later this yearSo far, d

Major currencies are not really finding much direction so far today, even as US futures are pointing lower for the time being.There is a sense that investors aren’t less attached to the risk averse mood today after having witnessed a miracle yesterday.
Currently, EUR/USD is down 0.3% to 1.1293 but t

A chart pattern is a recognizable
configuration of price movement that is identified using a series of trendlines
or support and resistance levels. Chart patterns can signal reversals or
continuation of trends, but they shouldn’t be traded alone without a
fundamental

German economy likely shrank in Q4 2021Manufacturing remained constrained by supply disruptions, consumption fell on renewed COVID-19 fearsInflation developments may take longer to improvePrice growth could remain „exceptionally high“ in early this year due to soaring energy prices, supply bottlenec

Risk sentiment is not looking pretty as we start to transition to the handover from Europe to North America. Equities are tumbling further as the mood sours and we are seeing more notable moves across the market.European indices are closing in on 2% losses now while US futures have made a U-turn to

Sellers are looking to break key support near the 0.6700 level, which helped to stem the initial decline back in December. The 38.2 retracement level @ 0.6702 adds to the support layer but both appear to be giving way now in a drop to 0.6690. Of course, the daily/weekly close is still one that will

Of note, AUD/USD is now down near 0.7% to 0.7135 as price closes in on the 7 January low of 0.7130. A push below that opens up the path towards some minor support at 0.7100 next before a potentially steeper drop towards 0.7000 again.

Elsewhere, USD/CAD is moving back up above 1.2600 as oil