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Geopolitical tensions were on the headlines yesterday after Ukraine fired its first US missile to Russia after having received the green light from the White House following a two-year wait to do so. And Kremlin relaxed rules that would allow them to use nuclear weapons in case of an attack on its soil. Consequently, the […]

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UK Headline Inflation Accelerated Slightly More than Expected

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21/12/2023

GBPJPY Showing Incomplete Bearish Sequence

Short Term Elliott Wave View in GBPJPY shows that it has ended wave ((3)) at 188.66. Pullback in wave ((4)) is currently in progress as a double three Elliott Wave structure. Down from wave ((3)), wave A ended at 185.06 and wave B ended at 186.18. Wave C lower made a strong drop ended at […]
25/01/2024

XAUUSD: Traders Await Breakout

Gold prices, currently near $2,030, saw a modest decrease of 1% over the past week and a 2% dip since the start of 2024. Meanwhile, silver surpassed $22 per ounce, experiencing a 4% drop in the week and a 6.5% decline in the year so far. Upcoming scrutiny of economic data, particularly the Q4 US […]
02/07/2024

Sunset Market Commentary

Markets The pace of Eurozone inflation remained steady at 0.2% M/M in June. The outcome was in line with consensus as could be expected following earlier national prints. The Y/Y-figure slowed from 2.8% to 2.5%. Core inflation rose somewhat faster (0.3% M/M), but this was the slowest pace since January (steady Y/Y at 2.9%). Services […]