Bearish View Sell the GBP/USD pair and set a take-profit at 1.2000. Add a stop-loss at 1.2230. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.2200 and a take-profit at 1.2300. Add a...
Read More
0 Minutes
0 Minutes
Eurostoxx futures +0.1% in early European trading
German DAX futures +0.3% UK FTSE futures +0.1% European indices saw a modest advance yesterday, with the gains not as stark as that of Wall Street. There is some balancing in that sense with...
Read More
1 Minute
France July final services PMI 53.2 vs 52.1 prelim
Composite PMI 51.7 vs 50.6 prelim A modest revision higher to initial estimates but the services reading is still the weakest since January with new business growth slumping to a 15-month low. That highlights...
Read More
1 Minute
AMD in the II quarter reduced net profit by 1.6 times with record revenue
The American microchip manufacturer Advanced Micro Devices in the second quarter of 2022 reduced its net profit by 1.6 times, but revenue jumped by 70% and became a record eighth quarter in a row....
Read More
1 Minute
Few changes in sight in Europe, Fed and geopolitics urge caution
The main European stock markets are expected to be close to equilibrium on Wednesday after statements by several members of the Federal Reserve, who dismissed the idea that the central bank would relax its...
Read More
1 Minute
Discount on Urals in Europe reached a maximum in history due to fear of sanctions
The discount on the Russian export grade of Urals oil in Europe in relation to the standard reached on Thursday, February 24, the maximum size in the entire history of observations since 1990, according...
Read More
1 Minute
Export duty on oil in August reduced by $2.2 to $53 per ton
From August 1, 2022, the export duty on oil in Russia will decrease by $2.2 – to $53 from $55.2 per ton in July , according to materials on the website of the Ministry...
Read More
1 Minute
Tokyo Stock Exchange retreats on US-China tensions
The Tokyo Stock Exchange ended down Tuesday, weighed down by the possibility of a visit by Nancy Pelosi to Taiwan, which could further worsen Sino-American relations, and by the rise of the yen against...
Read More
1 Minute
The Central Bank, the Ministry of Finance, Gazprom, Gref, Shuvalov and Prigozhin were included in the sanctions lists of Canada
The Canadian sanctions list includes 382 Russian citizens, as well as 32 legal entities, including the Central Bank and the Ministry of Finance of the Russian Federation. This was stated on Thursday in documents...
Read More
1 Minute
GBP/USD: FURTHER GAINS COULD REVISIT 1.2335 AHEAD OF 1.2400 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted the upside in GBP/USD carries the potential to advance to the 1.2335 levels ahead of 1.2400 in the next few weeks. KEY QUOTES...
Read More