USD/CAD Technical Outlook: Continues to Build its Bullish Case
USD/CAD continues to strengthen its case for higher levels soon; scenarios and levels to watch in the days ahead.
British Pound Q3 2022 Forecast: The Bank of England – It’s Time to Decide
The second quarter of the year has been a tricky three months for the Bank of England (BoE) as inflation continued to soar – and is expected to rise further – while growth slowed to a crawl, sparki…
Unity’s expectations for the metaverse and 3D
Bloomberg Intelligence Senior Analyst Mandeep Singh hosts Unity CEO, John Riccitiello, to talk about how Unity is positioned for growth in the metaverse and the shift to 3D experiences for gaming and apps.
Midyear outlook: Global crypto assets
A common theme in crypto assets is to embrace the bear and build a better financial system, notably from the institutional and longer-term focused, akin to 2000-02’s bursting internet bubble.
JPY plunges, Ruling coalition Increases Upper House majority
Rates as of 0500 GMT Market Recap JPY is clearly the dominant story this morning. The currency plunged on news that Japans ruling coalition the socalled Liberal Democratic Party LDP and its pals in Komeito expanded its majority in the Upper House election on Sunday. They won 76 seats, well above the 56 they needed […]
Shares Slide ahead of U.S. Inflation Data, Earnings Hurdles
European shares down 1.3, SP 500 futures off 0.8 Dollar tops 137 yen before U.S. CPI, inflation expectations Banks kick off earnings season from Thursday SYDNEYLONDON, July 11 Reuters Shares slid on Monday as investors braced for a U.S. inflation report that could force another supersized hike in interest rates, and the start of an […]
RUB Settles near 61 vs USD after Volatile Week of Trade
MOSCOW, July 11 Reuters The Russian rouble slipped back past the 61 level against the dollar on Monday, after volatile swings in recent sessions, as the market continued to wait for updates on currency interventions. The rouble is down around 18 from the more than sevenyear highs hit in late June, having dropped sharply after […]
FTSE 100 Down as China COVID Worries Weigh on Miners
Weak metal prices hit mining stocks Wizz Air drops on plans to cut aircraft usage FTSE 100 down 1.0, FTSE 250 off 0.6 July 11 Reuters UK stocks fell on Monday as worries about fresh COVID19 curbs in China and the energy crisis in Europe hurt sentiment, with investors awaiting earnings reports for clues on […]
Energy Supply Crunch, COVID woes Weigh on European Stocks
Nord Stream I to start annual maintenance later in the day Miners lead gains on resurgent China COVID19 fears Danske Bank, Wizz Air slide after results U.S. inflation data eyed to make bets on Fed tightening July 11 Reuters European shares fell on Monday, gripped by investor concerns over energy supply crunch, while fresh COVID19 […]
Euro Zone LongTerm Inflation Expectations below 2, Yields Drop
July 11 Reuters Euro zone bond yields fell on Monday while longterm inflation expectations dropped below 2 as recession fears deepened after warnings about a possible cut in Russian gas supplies. French Finance Minister Bruno Le Maire said on Sunday the French government was preparing for a total cutoff of Russian gas supplies. Germany has […]