*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.
- October 24, 2022
- Technical Analysis
US Dollar Technical Analysis for the Days Ahead
The DXY continues to look vulnerable as it rolls over, looking for follow through from Friday; levels and lines to watch....
- October 24, 2022
- Market News
FTSE 100 Outlook: UK Equities Slump Despite New PM Vote and Weaker GBP
Terrible PMI data overshadows news that Rishi Sunak could be announced as the new prime minister at 14:00 (UK time). Weaker pound fails to lift UK equ...
- October 24, 2022
- Market News
What is Earnings Season & What to Look for in Earnings Reports?
Earnings announcements are a key driver for stock prices: Learn the what and when of earnings....
- October 24, 2022
- Market News
Euro Breaking News: Lackluster Eurozone PMI Adds to the ECBs Woes
The Eurozone continued its downturn to start Q4 with the ECB facing a host of challenges. Will further hikes push the zone into a recession?...
- October 24, 2022
- Market News
UK Breaking News: Service Sector Activity & Manufacturing PMI Plummet
The flash UK PMI data confirmed a dire start to Q4, adding to the likelihood that the UK economy already finds itself in the midst of a recession....
- October 24, 2022
- Market News
Crude Oil Forecast: Brent Hurt as Global Recessionary Fears Ramp Up, USD Bid
Brent crude oil has slipped below $90 per barrel after poor PMI releases from Europe as markets keenly anticipate the U.S. print later today....
- October 24, 2022
- Technical Analysis
Hang Seng Index Technical Outlook: Downward Momentum Is Accelerating
The Hang Seng Index’s downtrend is gaining momentum. What is the outlook and what are the levels to watch?...
- October 24, 2022
- Market News
British Pound Bounces After Boris Backdown Amid US Dollar Strengthening
The British pound has found firmer footing after Boris Johnson pulled out the race to be Prime Minister. The US Dollar resumed ascending elsewhere as ...
- October 24, 2022
- Market News
Japanese Yen Whipsawed Against US Dollar on Intervention Speculation
The Japanese Yen continues to lose ground against the US Dollar despite rumours of the Bank of Japan intervening again in USD/JPY. Can central bank se...