Let’s set the record straight: films from the 80s were not just movies; they were the heartbeat of a generation. These films went beyond entertainment, shaping the way people saw the world, and are still referenced in pop culture today. Whether it was the rebellious spirit of The Breakfast Club or the thrilling escapades of…
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade…
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The U.K. labor market showed further signs of deterioration in the latest employment report, with the unemployment rate climbing to 5.1% for the three months to November while wage growth slowed to its weakest pace in over three years. The Office for National Statistics reported that payrolled employees fell by 43,000 in December—the steepest monthly…
Greenland Day 2 in Fire, Japan wants to cut tax. Data: [🟥 Trade / Tariffs | Risk escalation] Trade tensions remained the dominant macro driver after Trump’s proposed Europe-linked tariffs (10% from Feb 1, rising to 25% by Jun 1) kept pressure on exporters and cyclicals; European officials reiterated readiness to retaliate, sustaining risk-off positioning….
The USD/JPY pair trades on a flat note near 158.20 during the early Asian session on Wednesday. The pair steadies as US President Donald Trump’s renewed tariff threats offset political uncertainty in Japan. Traders will closely monitor Trump’s speech at the World Economic Forum in Davos, Switzerland, later on Wednesday. Trump said over the weekend that…
US traders returned from the Martin Luther King Day holiday to face a rough surprise. EU-US tensions remain elevated, with speeches increasingly referring to a shift toward a New World Disorder. (trademark) The US Dollar, US equity futures, and bonds sold off again, while the Swiss Franc continued to rise, as it did yesterday. These…
ASML Holding N.V., (ASML) provides lithography solutions for the development, production, marketing, sales, upgrading & servicing semiconductor equipment systems. It also offers hardware, software & services to chipmakers to produce the patterns of integrated circuits. It comes under Technology sector & trades as ‘ASML’ ticker at Nasdaq. ASML trading at ATH, broke the price channel…
Stock Indexes reject their recent highs as Trade uncertainty returns Still, dip-buyers are showing resilience, taking Stock Indexes back higher after a rough post-MLK Day Session open. Exploring Technical Levels for the Dow Jones, Nasdaq and S&P 500 Wise traders usually refrain from trying to make sense of Market movement – And rightfully so. After…
The “Sell America Trade” Trading Strategy What Is the “Sell America Trade”? The “Sell America Trade” is not a traditional trading strategy. Instead, it represents a herd-like global investor reaction to political, fiscal, or economic developments that undermine confidence in the U.S. economy. When this trade emerges, global capital reduces exposure to U.S. assets…