*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 13, 2022
- Market News
Germany 40 (DAX) Rejects Resistance as Fed Rate Hike Bets Rise
USD strength holds firm as risk assets falter. For Dax, a rejection of resistance places the index at further risks of decline. 12,000 – 12,400 zone...
- October 13, 2022
- Market News
S&P 500, Nasdaq 100, Dow Jones After the CPI Print
It was another elevated CPI print out of the US and the S&P 500 set a fresh yearly low while the Nasdaq 100 put in a fresh two-year-low....
- October 13, 2022
- Technical Analysis
Bitcoin (BTC/USD) & Ethereum (ETH/USD) Have Entered the ‘Erosion’ Phase
BTC/USD and ETH/USD appear to be in the part of a bubble deflationary cycle where prices slowly erode with sporadic moves here and there....
- October 13, 2022
- Market News
US Inflation at 8.2%, Dollar and S&P 500 on Diverging Paths on Hot CPI
September headline inflation eased to 8.2% from 8.3%, but core CPI accelerated to 6.6%, topping the cycle’s high in March and reaching the highest l...
- October 13, 2022
- Market News
Crude Oil Edges Higher But Remains Pressured By Demand Weakness
Brent Crude steadied after recent falls but worries over end-user demand seem to be outweighing the supportive effects of production cuts....
- October 13, 2022
- Market News
EUR/USD Outlook: EURUSD Consolidates Ahead of US CPI, German Inflation
German inflation printed in line but the lead up to the US CPI will be followed closely given last month’s sharp reversal after inflation proved stu...
- October 13, 2022
- Market News
GBP/USD Outlook: GBP Snaps Five-Day Losing Streak Against the Greenback, UK Policy Uncertainty Remains
Sterling’s recent rally against the greenback may prove short lived with US CPI and continued policy uncertainty to potentially cap any further gain...
- October 13, 2022
- Market News
Gold Price Struggles to Hold Support as US Inflations Data Looms
Gold is sitting on a prior level of support ahead of this week’s main data release, US CPI. Any deviation from expectations will trigger the nex...
- October 13, 2022
- Technical Analysis
STI Index and Nikkei 225 Technical Outlook: At A Critical Juncture
The Singapore Straits Times Index and Japan’s Nikkei 225 index are risking a break below crucial support levels. What is the outlook and the key lev...