*Disclaimer: All our blogs are resourced from another website, which Union Traders Society provided these only for reference purpose. Therefore, readers run the risk of taking something out of context.
- June 21, 2023
- Market News
Indices stay under pressure as UK inflation remains sticky
Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflation comes in higher-than-expected....
- June 21, 2023
- Market News
XAU/USD Price Forecast: Gold Looks to Powell
Gold prices may be in for a wake up call after weeks of minimal price action as markets gear up for Fed Chair Jerome Powell’s Testimony....
- June 21, 2023
- Market News
UK Core Inflation Breaches 7% as Headline Beats Estimates, GBP/USD Bid
UK headline inflation came in higher than expected but the core inflation print accelerated once more. Will the data inspire a more hawkish approach f...
- June 21, 2023
- Market News
S&P 500 & Nasdaq 100 Price Setups: Will Powell’s Speech Trigger a Reversal?
The S&P 500 and the Nasdaq 100 index are looking overbought and have run into stiff resistance areas, raising the risk of a minor retreat, especia...
- June 21, 2023
- Market News
Asia Day Ahead: Downbeat Start to the Week; Chinese Equities Weigh
Major US indices kicked off the shortened trading week in the red, although the sharp paring of losses mid-day especially in the Nasdaq may still refl...
- June 21, 2023
- Market News
Bitcoin Prices Surge Past Key Trendline Resistance, BTC/USD Levels to Watch
Bitcoin prices extend recovery, soaring past a major trendline resistance following news that EDX markets has kicked off operations....
- June 21, 2023
- Market News
BoE Preview: Inflation Demands More Hiking Despite Mortgage Pain
The Bank of England is likely to raise benchmark rates this week as signs of secondary effects of inflation appear. Rate expectations to support GBP/U...
- June 21, 2023
- Technical Analysis
AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Jun 12, 2023 08:00 GMT when AUD/USD traded near 0.68.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bea...
- June 21, 2023
- Market News
Gold Prices Slump on US Data ahead of Powell’s Testimony, Key Support in Peril
Gold prices drop on Tuesday amid U.S. dollar strength following solid U.S. economic data ahead of Powell’s testimony before Congress later in the we...