Economy

Australian shares closed near 14-month highs as upbeat economic data from the US and China supported hopes of a global economic recovery. The major Asia-Pacific stock indexes finished higher on Friday with a series of economic reports from China the catalysts underpinning the markets. Investors…

Gold bulls have built a baseline around the $1730 pivot zone, suggesting that the bullion asset might stay within the current range. The bullion asset recorded impressive gains at the fourth trading session of the week with global investors awaiting further signals on the U.S…

The US100 – NASDAQ has been trading in an upper range indicating a strong uptrend. This is the case partially to Yen getting weaker. The US100 – NASDAQ has been trading in an upper range indicating a strong uptrend. This is the case partially to…

US stocks showed remarkable resilience during Tuesday’s session in the face of what could’ve been disconcerting news. The US government has ordered a pause to administering Johnson & Johnson’s Covid-19 vaccine. On a separate note, the US inflation figures came in higher than expected. Still,…

The short-term range is $3.060 to $2.453. Taking out $2.688 could trigger a rally into its retracement zone at $2.757 to $2.828. After forming an elongated support base, natural gas futures surged on Tuesday amid forecasts calling for colder temperatures over the next seven-to-10 days.…

Economic data from the Eurozone and ECB President Lagarde will influence today, with corporate earnings from the U.S also in focus. Eurozone Industrial Production (MoM) (Feb) Thursday, 15th April German CPI (MoM) (Mar) Final French CPI (MoM) (Mar) Final French HICP (MoM) (Mar) Final Italian…

Japanese shares rose on Tuesday, led by gains in stocks of glass product companies and department store operators after their robust earnings. The major Asia-Pacific stock indexes settled lower on Tuesday with shares in China bucking the trend. With little guidance from Wall Street, investors…

The Dow, S&P 500, and the Nasdaq 100 all posted new record highs last week, although the futures contract for all three benchmark indices are easing slightly at the time of writing. From a technical perspective, such dips are only natural as these assets pull…

It’s a quiet day ahead on the economic calendar, with key stats limited to Eurozone retail sales figures. With stats on the lighter side, COVID-19 news will also influence. German ZEW Current Conditions (Apr) Eurozone ZEW Economic Sentiment (Apr) Wednesday, 14th April Spanish CPI (YoY)…

The Dow Jones Index (US 30) is building a bull flag continuation chart pattern within a larger uptrend. The Dow Jones Index (US 30) is building a bull flag continuation chart pattern within a larger uptrend. A bullish breakout should confirm a push higher. Let’s…