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Home Page – About Me News Today(1/27): US New Home Sales at 10:00 AM Highlights: DeepSeek, a Chinese version of ChatGPT that uses lower-performing Nvidia chips and significantly less data, caused a massive sell-off today after becoming the most downloaded app on the App Store. Nvidia, which had its best year last year due to…
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Home Page – About Me News Today(1/7): Eurozone CPI & Unemployment rate at 5:00 AM, ISM Services PMI & US JOLTS Jobs Opening at 10:00 AM Highlights: The Eurozone CPI data came in as expected but remains above 2.5%, pulling EUR/USD lower during the overnight session. In the U.S., the JOLTS Job Openings report surprised…
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Home Page – About Me News Today(1/6): Eurozone Services PMI at 4:00 AM and Germany CPI at 8:00 AM Highlights: As the first full trading week began and liquidity returned to normal, FX pairs made a strong recovery against the USD around 5 AM. This followed Friday’s 100-pip USD rally, which happened without any major…
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Home Page – About Me News Today(1/2): Spain Manufacturing PMI at 3:15 AM, Italy Manufacturing PMI at 3:45 AM, Germany Manufacturing PMI at 3:55 AM, Euro Manufacturing PMI at 4:00 AM, US Jobless Claims at 8:30 AM, US Manufacturing PMI at 9:45 AM Highlights: Equities closed slightly lower today after an attempted bounce in the…
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Home Page – About Me News Today(12/20): UK GDP at 2:00 AM Highlights: The U.K. GDP print came in lower than expected (0% vs. 0.1%) but elicited a muted market reaction. This, combined with yesterday’s weak U.K. Retail Sales data, adds to the mounting pressure on GBP/USD, further compounded by the BOE’s shift in its…
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Home Page – About Me News Today(12/20): UK Retail Sales at 2:00 AM, US Core PCE at 8:30 AM, Michigan Consumer Confidence at 10:00 AM Highlights: UK Retail Sales came in worse than expected (0.2% vs 0.5%), but the market reaction was muted. However, this adds to the growing pressure on GBP/USD, compounded by the BOE’s…
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Home Page – About Me News Today(12/19): BOJ Interest rate decision at 10:00 PM, BOE Interest rate decision at 7:00 AM, US GDP and Initial Jobless Claims at 8:30 AM, Existing Home Sales at 10:00 AM Highlights: The BOJ held interest rates steady while maintaining their cautious stance, emphasizing that future cuts would depend on supportive…
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Home Page – About Me News Today(12/18): UK CPI & PPI at 2:00 AM, Fed Interest rate decision at 2:00 PM, FOMC Conference at 2:30 PM and BOJ Interest rate decision at 10:00 PM Highlights: Better-than-expected U.K. CPI data was released today, but it had no significant market reaction. Overall, currency pairs traded within tight ranges…
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Home Page – About Me News Today(12/17): UK Unemployment rate at 2:00 AM, Canada CPI at 8:30 AM and US Retail Sales at 8:30 AM Highlights: U.K. reported significantly stronger-than-expected employment numbers, with Claimant Change (people filing for unemployment) coming in at 0.3K versus an expectation of 28.2K. This provided about 25 pips of relief and…
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Home Page – About Me News Today(12/16): ECB President Lagarde speech at 3:15 AM & 3:30 AM, France PMI at 3:15 AM, Germany PMI at 3:30 AM, Eurozone PMI at 4:00 AM, UK PPI at 4:30 AM and US PMI at 9:45 AM Highlights: The better-than-expected Eurozone PMI print initially provided some relief for the euro,…
