Expert Technical Fundamental Insights 05.11.2024

EURUSD Manufacturing PMI numbers improved in EZ Germany in October, however the numbers remained below 50 which means that the contraction persisted, only Spain PMI was higher than 50, at 54.5 in October. In the meantime, investor sentiment in EZ slightly improved in November, EURUSD was little changed today, trading at 1.0876, waiting for a […]
Read More

FX Traders Brace for Wild Moves after US Election

Euro, peso volatility hits highest since 2016 US election Oneweek, onemonth volatility spikes across the board Price action to pick up as results emerge LONDON, Nov 5 Reuters Currency traders rushed to hedge against big overnight price movements that might ensue as the results of the 2024 U.S. election trickle out, pushing options volatility for […]
Read More

Burberry Shares Jump on Moncler Bid Report

Burberry shares jump on Moncler bid report Moncler says it won39;t comment on 39;unsubstantiated rumours39; Combination would create an outdoor clothing specialist giant MILAN, Nov 4 Reuters Shares in Burberry rose as much as 8 on Monday after website Miss Tweed reported that Italy39;s Moncler was considering a bid for the Londonlisted luxury group to create an […]
Read More

U.S. Election Speculators Play the Prediction Markets

Nov 4 Reuters Donald Trump is a clear favorite to beat Kamala Harris that39;s if you put your faith in prediction markets, the latest frontier for the indefatigable crypto speculator. On the eve of the U.S. election, billions of crypto dollars are chasing bets on the two candidates on platforms like Polymarket and Kalshi. Those […]
Read More

Hugo Boss Q3 Operating Profit Beats Expectations

Nov 5 Reuters Hugo Boss39; thirdquarter operating profit slightly beat market expectations on Tuesday, as it reported a 1 increase in currencyadjusted group sales amid persistently weak demand in China. Quarterly earnings before interest and tax EBIT were down 7 on the year at 95 million euros 103.3 million, but came in above analysts39; estimate of […]
Read More