*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.
- May 10, 2024
- Technical Analysis
FTSE 100 joined by DAX 40 in setting new record high while S&P 500 also rallies
Outlook on FTSE 100, DAX and S&P 500 as UK exits recession....
- May 10, 2024
- Market News
UK Growth Surges, Sterling Underpinned, FTSE 100 Prints a Fresh High
The UK moved out of recession, the latest GDP data showed, and outperformed market expectations, driving the FTSE 100 ever higher...
- May 10, 2024
- Market News
Gold, Silver Update: Can Precious Metals Maintain the Bid in the Coming Week?
Gold and silver rise, reigniting the broader bullish trend after softer US jobs data and central bank developments shift the focus to rate cuts...
- May 10, 2024
- Market News
EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price Outlook
This article delves into the technical outlook for EUR/USD, USD/JPY, and GBP/USD, dissecting price action dynamics and sentiment to forecast potential...
- May 10, 2024
- Technical Analysis
Gold, Crude Oil, S&P 500 – Sentiment Analysis & Market Outlook
This article thoroughly analyzes retail sentiment on gold, crude oil, and the S&P 500, delving into potential near-term scenarios shaped by market...
- May 9, 2024
- Market News
Japanese Yen Weakens Again Despite Clear Chance of Further Intervention
Tokyo wants to slow its currency’s decline but, so far, the market looks prepared to test its resolve...
- May 9, 2024
- Market News
BoE Holds Rates Steady: Inflation Outlook and Vote Split Hint at June Cut
The Bank of England added one more vote in favour of a rate cut after encouraging news on inflation now opens up the prospect of a rate cut as soon as...
- May 9, 2024
- Technical Analysis
Dow and Nasdaq 100 Trim Gains and Nikkei 225 Comes Under Pressure
US indices continue to make headway overall, but the Nikkei 225 has struggled in recent sessions....
- May 9, 2024
- Market News
GBP/USD, EUR/GBP Outlooks As Bank of England Decision Nears
The latest BoE decision will be more about what they say than what they do, and this leaves Sterling-pairs vulnerable....