*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.
- August 15, 2024
- Market News
Gold (XAU/USD) – Repeated Attempts at a Fresh All-Time High, US Retail Sales Weigh
Gold continues to test, and reject, its previous all-time high at $2,485/oz. and a break higher is being pared by a strong US retail sales report...
- August 15, 2024
- Technical Analysis
Nasdaq 100, Dow and Nikkei 225 Continue to Head Higher
Indices are still recovering some of their recent losses, with the Dow back above 40,000 and the Nikkei 225 now back to its 2 August opening level....
- August 15, 2024
- Market News
UK Growth Continues to Show Signs of Recovery Despite Stagnant June Print
UK growth has been trending in the right direction even before the Bank of England voted to lower rates earlier this month. GBP/USD partially recovers...
- August 14, 2024
- Market News
US CPI Steadies Around Estimates – USD and Treasuries Rise
The disinflationary process continues to make minor gains in the US as inflation data for July printed as expected for most measures. Dollar and treas...
- August 14, 2024
- Technical Analysis
Bounce in FTSE 100, DAX 40 and S&P 500 May Soon Lose Upside Momentum
This week’s recovery rally in FTSE 100, DAX 40 and S&P 500 may soon lose upside momentum as indices approach technical resistance...
- August 14, 2024
- Market News
UK Headline Inflation Rises by Less Than Expected, GBP/USD Now Eyes US CPI
UK headline inflation rose from 2% in June to 2.2% in July, mainly driven by prices of gas and electricity falling by less than last year, according t...
- August 13, 2024
- Market News
Euro (EUR/USD) Latest – German Economic Outlook Slumps in August
The ZEW economic outlook turned sharply lower in August with economic expectations declining at their fastest rate in two years....
- August 13, 2024
- Technical Analysis
FTSE 100, S&P 500 and Nikkei 225 Push Higher
More gains have been seen for global stock markets, which are continuing to claw back their recent losses...
- August 13, 2024
- Market News
UK Unemployment Rate Falls Unexpectedly, but Major Concerns Reappear
In June the UK Unemployment rate dropped, defying expectations while average earnings remained steady. However, July’s sharp rise in unemployment cl...