Analytics and Economic News
Economic News
Market Overview, July 12
China wins the surplus battle, while oil remains volatile.
Economic News
The Oil Market Oversupplied Again
The IEA stated that in the next year the market for crude oil will remain oversupplied.
Weekly Review
S&P and Nasdaq set the new record
Breaking the 3000 point mark, the Nasdaq Composite also set a new historical high.
Technical Analysis
EUR/GBP Technical Analysis
The trend is bullish, so we can buy the pair.
Economic News
Fed Interest Rate Cut Incoming
The United States is preparing for an interest rate decrease for the first time in 10 years and the USD has weakened.
Economic News
July 11: Digest Review
Today is the day of inflation reports. Also, the FED's and ECB's monetary policies are in focus.
Economic News
Europe Lowers Growth Forecasts
All major growth indicators for the eurozone have been lowered.
Fundamental Analysis
EUR/AUD: Fundamental Review & Forecast
There is too much negativity around the AUD. The deals in favor of the EUR seem the most effective.
Technical Analysis
USD/JPY Technical Analysis
The trend is bullish, so we can buy the pair.