• Sat. May 11th, 2024

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Sustained Break Above $90 Psychological Level Needed for Rally to Continue

[ad_1] WTI on Course for Largest Weekly Gain Since March. US Discussing Possibility of Release From its Strategic Petroleum Reserves. 90.00 Psychological Level the Key for a Continued Rally. Recommended…

FTSE 100 Retreats as Sentiment Suffers on Fitch Downgrade and BoE Survey

[ad_1] 7000 Psychological Level Still Remains Key. Bank of England Survey Indicates Potential for Prolonged Inflation Fight. A Return of Dollar Strength and Risk-Of Sentiment Could Result in a New…

Inflation Hits Double Digits as ECB Run Out of Options

[ad_1] EZ Unemployment Rate 6.6% Actual Vs 6.6% Forecast. EZ CPI Inflation YoY (Flash) 10% Actual Vs 9.7% Forecast. EZ Core Inflation Rate YoY (Flash) 4.8% Actual Vs 4.7% Forecast.…

Consumer Confidence and Economic Sentiment Slide Further, ECB Face Tough Balancing Act

[ad_1] EZ Consumer Confidence (Final) -28.8 vs -25 Previous. EZ Economic Sentiment 93.7 Actual vs 97.3 Revised Forecast. ECB Face a Challenge Balancing Recession Risks and Potential Rate Hikes. Recommended…

DAX 40 Slips Below Key 12000 Level, First Time in 21 Months

[ad_1] The DAX Flirts with Key 12000 Psychological Level. GfK German Consumer Confidence Prints New Record Low. Geopolitical Tensions Around the Nord Stream Explosion Sees Energy Futures Surge. Recommended by…