German producer prices, UK retail sales on the agenda in Europe today
The jump in the dollar has been the interesting story in markets as we look to wrap up the trading week. Wall Street closed slightly higher but the S&P 500…
Germany July PPI +5.3% vs +0.6% m/m expected
Prior +0.6% PPI +37.2% vs +32.0% y/y expected Prior +32.7% I had to triple check the figure to make sure it was right but yes, German producer prices surged last…
Eurozone inflation on the agenda in the session ahead
Major currencies are settling in on the day, keeping little changed after the dollar faded a drop following the reaction to the FOMC meeting minutes yesterday. Stocks also saw gains…
ECB’s Schnabel: The outlook for the ECB has not changed
Inflation concerns before July rate hike have not been alleviated Growth is going to slow Technical recession in the euro area is possible Inflation could still accelerate in the short-term…
UK July CPI +10.1% vs +9.8% y/y expected
Prior +9.4% Core CPI +6.2% vs +5.9% y/y expected Prior +5.8% UK inflation has hit double-digits as the annual figure for July comes up above 10%, beating estimates. While this…
Bitcoin technical analysis and trade idea follow-up: Respect the 20 day EMA
The following video is a Bitcoin technical analysis update for 17 August, but, moreso, it can teach traders about an important principle to be on the lookout for signs that support or…
FX Majors Weekly Outlook (15-19 August)
Tuesday: US Building Permits/Housing Starts. Wednesday: RBNZ Policy Announcement, US Retail Sales, FOMC Minutes. Thursday: Fed’s George and Kashkari. Following the strong labour market report, the US CPI last week…
US futures dribble lower on the session
That is keeping with the more subdued risk appetite, which more or less kicked off after a set of dismal economic releases from China earlier today. That prompted serious concerns…
BioNTech Aktie macht Sorgen: Unangenehme Entwicklungen
Die schwächer als erwartet ausgefallenen Quartalszahlen belasten die BioNTech Aktie weite. Hinzu kommen kurzfristig negative charttechnische Signale: So ist der Aktienkurs des Mainzer Biotech-Unternehmens in den letzten Handelstagen erneut von…
Evotec share: Buy recommendations – but also a lower expert price target
According to Evotec’s quarterly figures, there are two buy recommendations for the biotech share. The analysts at Deutsche Bank have left the Evotec share on „buy”. The price target is 30 euros,…