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MARKET PREVIEW

Markets shake with strong U.S. PMIs, Dollar strengthening, Lower U.S. unemployment claims, Gold dropped, Crude oil upwards and jump in U.S. stocks yesterday

By Marios Kyriakou24/05/2024

Previous Trading Day’s Events (23.05.2024) Flash Purchasing Managers Index (PMI) figures in the eurozone, the UK and the United States were reported yesterday and shook the…

MARKET PREVIEW

RBNZ keeps rates steady, U.K.’s inflation drops but higher than expected, Gold dives, the U.S. dollar strengthened, Bitcoin remained stable

By Marios Kyriakou23/05/2024

Previous Trading Day’s Events (22.05.2024) RBNZ: The Monetary Policy Committee agreed to keep the Official Cash Rate at 5.50%. Its restrictive monetary policy has reduced capacity…

MARKET PREVIEW

Canada’s inflation lower, Stable dollar, Gold tests support, Silver as top gainer this month, Bitcoin retraces to the downside at 70K USD

By Marios Kyriakou22/05/2024

Previous Trading Day’s Events (21.05.2024) Canada’s annual inflation rate slowed to a three-year low of 2.7% in April and core measures continued to ease. Another low…

MARKET PREVIEW

Mixed U.S. indices paths, Dow Jones dropped heavily, Gold reached 2,450 USD/oz and reversed, Crude oil lower, U.S. dollar stable, Bitcoin jumps

By Marios Kyriakou21/05/2024

Previous Trading Day’s Events (20.05.2024) ______________________________________________________________________ Winners vs Losers USDJPY steps up to the top of the winner’s list with 0.31% gains followed by EURJPY giving…

MARKET PREVIEW

China’s production and retail sales grow, Eurozone’s annual inflation remains low at 2.4%, The U.S. dollar weakens while gold and stocks rise

By Marios Kyriakou20/05/2024

Previous Trading Day’s Events (17.05.2024) ______________________________________________________________________ Winners vs Losers Silver is on the top for this week with already 1% gains and a total of 20.51%…

MARKET PREVIEW

Australia’s mixed labor market data, Less U.S. jobless claims but still high, U.S. recent economic slowdown, Gold and U.S. indices moved lower

By Marios Kyriakou17/05/2024

Previous Trading Day’s Events (16.05.2024) The number of Americans filing new claims for jobless benefits fell last week, job growth is cooling though and the number…

MARKET PREVIEW

Australia’s WPI rose, Cooling U.S. CPI data, No growth in U.S. retail sales, USD weakening, Gold and crude gain, U.S. stocks jump

By Marios Kyriakou16/05/2024

Previous Trading Day’s Events (15.05.2024) Yesterday’s U.S. CPI inflation figures release shook the markets. U.S. consumer prices increased less than expected in April, suggesting that inflation…

MARKET PREVIEW

U.K. labor data indicating cooling, Post PPI: Dollar weakens, Gold upside correction, Crude oil lower, U.S. stocks higher, CPI inflation ahead

By Marios Kyriakou15/05/2024

Previous Trading Day’s Events (14.05.2024) The UK jobs market is cooling and that’s gradually translating into lower wage growth. This is the main takeaway from the…

MARKET PREVIEW

New Zealand’s one and two-year ahead inflation expectations decreased, JPY still weakening, Crude oil corrects to the upside, Gold retreats, U.S. stocks stable

By Marios Kyriakou14/05/2024

Previous Trading Day’s Events (13.05.2024) ______________________________________________________________________ Winners vs Losers Silver is on the top of the winners’ list with 0.98% gains. It leads this month as…

MARKET PREVIEW

U.K. GDP grew, Strong Canada labour market figures, U.S. Consumer sentiment plunged, Higher U.S. inflation expectations, Commodities and Bitcoin lower

By Marios Kyriakou13/05/2024

Previous Trading Day’s Events (10.05.2024) According to the reports on Friday, Canada’s economy added a net 90,400 jobs and the unemployment rate unexpectedly held at 6.1%.…

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