French GDP is seen rebounding a little after contracting in Q4 last year. But a negative point to the report is that consumption activity was seen flat in the first quarter. So, that reflects some pessimism in terms of domestic demand conditions.
This article was written by Justin Low at www.forexlive.com.
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By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday September 3rd and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
USD/JPY’s rise from 151.68 accelerated to as high as 159.81 last week and there is no clear sign of topping yet. Initial bias remains on the upside this week for 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. But upside should be limited there, at least on first…
Ukraine’s Zelenskiy says that the next Ukraine’s last Russia meeting is planned for Wednesday in Turkey. Meanwhile, over the weekend, Russia unleashed a wave of attacks across Ukraine, launching hundreds of bombs that killed at least eight civilians and wounded 31 others. The assault left widespread destruction across several frontline regions. In the port city…
Asia FX set for yearly gains with yuan top gainer; yen flat, rupee bucks trend Source link
The European Securities and Markets Authority (ESMA) has raised concerns about the potential for investor misunderstanding associated with tokenized stocks. These blockchain-based assets, which track the price of public company shares, often do not grant the buyer actual shareholder rights. ESMA‘s executive director, Natasha Cazenave, as quoted by Reuters, emphasized the need for clear communication…
As we noted six days ago, European stock markets were showing optimism amid expectations that the armed conflict in Ukraine—now approaching its third year—would be resolved. During this period, the DAX 40 (Germany 40 mini on FXOpen) gained approximately 1.6%, setting a historic record. However, sentiment appears to be shifting in the opposite direction. According…