The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday at 07:00 GMT. The EUR/USD pair could erase daily losses and extend its gains if German Retail Sales beat expectations. Softer data may have a limited downside impact on the Euro, as ECB minutes signaled policymakers prefer holding rates steady amid uncertainty.
Tomorrow’s session should be quite eventful after today’s rebound. The overnight session will turn the eyes towards the German Final GDP for Q3, expected at 0%, and should help to see where the overall Euro-economy is heading. Almost no cuts are priced in for the ECB, but any major downward surprise in Europe’s largest economy…
In the world of forex trading, understanding forex equity is essential. Forex equity is the value of your account, including your balance and any profit or loss from open trades. It shows your real-time financial position. Knowing your forex equity allows you to manage risk, control leverage, and decide when to close positions. Many traders…
Intel (INTC) stock price surged more than 7% yesterday, making it the top performer in the S&P 500 index (US SPX 500 mini on FXOpen). The rally came on the back of a report in Barron’s stating that the US government is in talks to acquire a stake in Intel: → Intel declined to comment…
Retail access to crypto exchange-traded notes has returned to the UK after the Financial Conduct Authority lifted its ban on the products, marking a significant shift in the country’s approach to digital asset investing. Digital assets meet tradfi in London at the fmls25 The move introduces new distribution opportunities for firms but comes with tighter…
The morning NA session follows a quasi-dead European overnight trading. This tends to happen when a lack of data adds to the Summer trading when volumes are typically subdued. The Dollar Index had been in the middle of many headwinds, as per usual. After a stellar July followed by and N-shaped (for nope) downward spiral…
As of Thursday’s close, the Dow Jones Index (US30) was down 1.33%. The S&P 500 Index (US500) was up 0.13%. The Nasdaq Technology Index (US100) closed at opening levels. The US stocks closed mixed ahead of the Good Friday holiday as investors weighed trade talks and interest rate uncertainty. A decline in weekly jobless claims…