<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/all-eyes-on-lagarde-presser-when-it-comes-to-the-ecb-today-20240125/">All eyes on Lagarde presser when it comes to the ECB today</a></li><li><a href="https://www.forexlive.com/news/eurusd-bounce-yesterday-not-anything-s
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All eyes on Lagarde presser when it comes to the ECB today
<p>The policy decision later should be a more straightforward one. There will be no changes in the key rates and the language and forward guidance will be similar to what we have gotten in December last month. There will not be any surprises on that front and that means the focus and attention will be […]
UK January CBI retailing reported sales -50 vs -32 prior
<p>That's a big drop in the headline reading as UK retail sales fall at its fastest pace in 3 years this January. Adding to the worrying picture is that the volume of sales for this time of the year is seen at -47, the lowest reading since May 2020. CBI notes that:</p><p>"Looking ahead, demand conditions […]
UK Treasury and BOE say that it is too early to decide on introduction of digital pound
<ul><li>Digital pound would enhance user choice by complementing, not replacing cash transactions</li><li>There would be further public consultation on a digital pound prior to introduction of any primary legislation by the government</li><li>Upon completion of design phase around the middle of the decade, BOE an
Is TSLA stock a buy… I bet it is within this extreme dip buying plan
<p>Is TSLA stock a but after its big earnings drop? </p><p> The recent earnings announcement from Tesla, last night on 24 Jan 2024, has resulted in a notable 7% to 8% decline in its stock price so far, sparking discussions among investors about potential buying opportunities. This situation has brought to light a unique investment
Japan maintains overall economic view in January but warns of impact of Noto earthquake
<p>The government keeps their view on the economy while noting that the recovery "appears to be pausing in part". Adding that "full attention" should be given to economic impact of the earthquake in the Noto peninsula. Here is the overview of the other assessed components:</p><ul><li>Private consumption i
Oil climbs to eight-week highs as Red Sea attacks continue
<p>The Red Sea crisis is continuing to underpin oil prices, with the most recent attacks hinting that the situation is set to prolong further. Major shipping company, Maersk, had to turn around two ships – even though accompanied by the US Navy – after seeing explosions nearby.</p><p>And plenty of other companies are a
Selecting the Ideal CFD Liquidity Provider: Expert Insights from Zenfinex's Angelo Pieries
<p>In the dynamic world of CFD trading, the choice of a liquidity provider is a pivotal decision for traders and brokerages alike. As Zenfinex continues to make waves in the institutional sector, following its retail arm's rebranding to Taurex, understanding what sets a superior liquidity provider apart is more crucial than ever. Angelo
Germany January Ifo business climate index 85.2 vs 86.7 expected
<ul><li>Prior 86.4; revised to 86.3</li><li>Current conditions 87.0 vs 88.6 expected</li><li>Prior 88.5</li><li>Outlook 83.5 vs 84.8 expected</li><li>Prior 84.3; revised to 84.2</li></ul><p>It is misses across the board as even the expectations/outlook index declined to s
European equities hold lower at the open today
<ul><li>Eurostoxx -0.2%</li><li>Germany DAX -0.3%</li><li>France CAC 40 -0.2%</li><li>UK FTSE -0.2%</li><li>Spain IBEX -0.9%</li><li>Italy FTSE MIB -0.6%</li></ul><p>Bank stocks are leading the downside shove here, so that's weighing more in Spain and Ita