Home Archive by category FOREX

Gold Got Inside Flat

Gold is looking quite stable during the second week of July – the asset is trading at $1785.40 USD after updating its last week’s highs at $1807.70. Here and now, market players are finally paying enough attention to the macroeconomic: expectations from China are quite positive as the country’s economy is anticipated to recover faster […]

US Futures Rising, Watch UBER, D, INTC, NFLX

The S&P 500 Futures  are bouncing after U.S. markets were closed on Friday in observance of Independence Day.European indices are sharply up, gaining more than 1.5% on average. On the statistical front, in the euro-zone, retail sales rebounded in May by 17.8%, more than expected, after falling by 12.1% the previous month (revised from -11.7%). […]

Week Ahead: As Good as It Gets?

US Non-Farm Payrolls data released on Thursday showed an increase of +4.8 million jobs for the month of June vs an expectation of +3.0 million, a new record!  PMI data around the globe was revised higher from earlier in the month.  Central Banks and nations continue to stimulate the economy to reduce the effects of […]