BoE's Bailey 'optimistic' about new capital rules, despite US concerns

Turkey exits FX-protected deposit scheme Source link

  Where is GBPUSD Headed by The Savvy Trader   How High Can a Surging GBPUSD Go?   This week’s price action in the dollar has been choppy, lacking a clear one-way trend, but the broader tone has been decidedly negative. We opened the week near the highs and are closing near the lows, not…

MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight an Asia‑centric week dominated by geopolitics, inflation and monetary policy. They expect the Bank of Korea to keep rates on hold through 2026, the Bank of Thailand to cut by 25bps, and China’s loan prime rates to stay unchanged pending clearer policy…

Royal Caribbean Cruises Ltd (NYSE: RCL), is one of the best performing stocks in recent years with +1300% up from 2020 lows. In our previous article, we identified the initial bullish structure setting up the current rally. Likewise, we’ll continue exploring the weekly path based on Elliott Wave Theory. In 2023, we explained that RCL was…

Only yesterday we questioned the sustainability of the stock market’s upward trend amid alarming news from the Middle East and the evacuation of the US embassy in Iraq — and today, the S&P 500 chart (US SPX 500 mini on FXOpen) shows a break below the lower boundary of the ascending trend channel. According to…