ADP on Watch The release of today’s ADP employment figures for last month is drawing more attention than usual. The report will be the first since it was discontinued in May and will reflect the new...
Market Spotlight: Eurozone Inflation Hits Record Highs
Eurozone CPI Soars AgainEuropean asset prices have come under fresh selling pressure today in response to the latest eurozone economic data. Headline August CPI was seen hitting a fresh record-high of...
Market Spotlight: Tesla Rally Fizzles Out Following Stock Split
Tesla Fails to Rally Following Stock SplitFollowing a decent recovery rally over recent months, Tesla shares have stalled over August and have settled into a tight range between 281.39 and 315.77. The...
Market Spotlight: AUDJPY Breaking Out
AUDJPY Long TriggeredThe long idea issued in AUDJPY last week has now triggered on the break of 95.67, with price moving towards first target at 96.98. The rebound in risk sentiment this week, fuelled...
Market Spotlight: Trading Jackson Hole Today
All Eyes on PowellAhead of Fed chairman Powell speech at the Jackson Hole Symposium later today, market expectations are leaning broadly in favour of a hawkish outcome. On the back of a hawkish set of...
Market Spotlight: AUDJPY Looking To Breakout?
AUDJPY Bull FlagAUDJPY price action is looking interesting here. Following the latest peak in June, AUDJPY has been correcting lower within a bear channel, which can be viewed as a bull flag within...
Market Spotlight: ETH Merge News Driving Rally
ETH on Watch While the crypto market, as a whole, is still seeing a washout this year, Ethereum has been quietly grinding higher over recent weeks. ETH is seeing some specific support linked to a...
Market Spotlight: Nasdaq & US GDP
USD GDP On WatchToday’s revised US Q2 GDP figures will be closely watched ahead of Fed chairman Powell’s Jackson Hole speech tomorrow. The initial figures pegged a dire -0.9% reading for the quarter...
Market Spotlight: BBBY Shares Boom & Bust Ride
BBBY Shares ReverseFollowing an incredibly near-400% rally over the first two week of August, shares in struggling retailer Bed Bath & Beyond are almost back to where they started the month. The...
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