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Markets Yesterday, optimists still hoped that the announcement of reciprocal US tariffs could bring some bad news, but at least also some clarity, providing a new reference framework. Even a worst case economic scenario could in this respect have helped find risk markets looking for a bottom. It’s a pity, but this proved to be […]

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EUR/USD Surges as PMI Boosts EUR, US Dollar Under Pressure from Tariffs

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Strategic Implications of “Liberation Day”

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24/09/2024

EURGBP Sinks to the Lowest Since 2022

EURGBP resumes downtrend, falls rapidly to 2½-year low Oversold signals detected, price trades at the bottom of a channel EURGBP plummeted to a 2½-year low of 0.8316 but held above the support line of the almost one-year-old bearish channel, fueling hopes that the bulls could still find a footing. It is important to exercise caution […]
20/02/2025

XAU/USD: Gold Heading Towards $3,000 Target

Gold price continues to trend higher and hit new all-time high in early Thursday trading, driven by growing uncertainty over US tariffs and turbulent pollical conditions which fueled safe-haven demand. Investors remain concerned that US tariff policies could spark a trade war and further undermine still fragile global economy. In addition, President Trump’s U-turn in […]
24/03/2025

Eurozone PMI hints at green shoots, manufacturing leads the way

Eurozone PMI data for March offered fresh signs of economic stabilization, with Composite index rising to a 7-month high of 50.4, supported by a notable rebound in manufacturing. The PMI Manufacturing rose from 47.6 to 48.7, its highest level in 26 months. Manufacturing output crossed into expansion territory at 50.7, a 34-month high. Services PMI […]