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Central to Labour’s campaign over the last few weeks has been one key message: that the party, should it win the election on 4 July, will be a force for stability after years of political turmoil. Keir Starmer’s economic pledges have been aimed to be reassuring and cautious: no big increases in public spending, no…
Now that you understand the basics, let’s explore how to interpret the signals generated by trigger lines. Remember, these signals should be used as confirmation rather than absolute truths. Here’s what to keep in mind: Crossovers and Divergences: As mentioned earlier, a crossover above the trigger line by the MACD line suggests…
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By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared. The Consumer Discretionary Distribution & Retail index is up nearly 14% this year, roughly keeping…
We have observed the Dash 2 Trade market maintaining its position firmly at the $0.0032 support level for some time. However, recent increases in bearish pressure have put this support level under strain. Demonstrating the bulls’ resilience and traders’ willingness to buy at this level, the price made a minor shift downward to $0.0031. Bulls…
Our forex strategists targeted the U.K. jobs update and FOMC statement this week for potential short-term opportunities to watch. Out of the four scenario/price outlook discussions this week, two arguably saw both fundie & technical arguments triggered to become a potential candidate for a risk management overlay. Check out our review on that discussion to…
Week Ahead 17-21st June: Mon: PBoC MLF, Chinese Activity Data (May), EZ Wages and Labour Costs (Q1) Tue: RBA Announcement, NBH Announcement, EZ Final CPI (May), German ZEW Survey (Jun), US Retail Sales (May), Japanese Trade Balance (May) Wed: BoC Minutes, BCB Announcement, UK Inflation (May), New Zealand GDP (Q1) Thu: BoE Announcement, PBoC LPR…
The lord chancellor is being taken to the high court over claims that legal aid fees are so low they are preventing lawyers from providing representation for thousands of people who are eligible for it. The challenge focuses on access to legal aid for immigration and asylum lawyers. It is being brought by Duncan Lewis…