Forex & Financial news and FxPro analytics

Crypto market capitalization has risen marginally, up 0.7% over the past seven days, showing a decline since mid-Thursday. The rebound in the crypto market after the collapse early last week is drying up. The cryptocurrency Greed and Fear Index was...

Strong US data revived bets on an imminent QE rollback from the Fed, supporting the dollar and causing bond yields to rise. The news triggered a more than 2% plunge in gold prices, four times the amplitude of the dollar’s...

UK retail sales collapsed by 0.9% in August, an unpleasant surprise against a 0.5% rise expected. The retail sales index is above pre-pandemic peaks, but the markets should be alarmed by the volatility of the data. Weak retail activity figures...

The US Retail sales notably exceeded expectations, adding 0.7% in August vs an expected 0.7% decline. The increase to August last year is an impressive 14.9%, dismissing fears that Americans are cutting back on spending by spending their government bailout...

Caution is an investor’s best friend these days. US indices were supported the night before after the S&P500 touched its 50-day moving average. The S&P500 gained 0.85%, the Nasdaq gained 0.82%, and the Dow Jones gained 0.68%. It must be...

Today is industrial production data day. China, the euro area and the USA published their figures. While the US and China are reporting for August, aggregate data for the euro area only came for July. Europe managed to surprise with...

Once again, decline prevails on the stock markets. US indices closed lower for the fifth trading session out of the last six. Chinese statistics added to the anxiety in the markets on Wednesday morning, failing to meet the forecasts. Most...

US Consumer inflation started to slow, as can be seen in the latest official data. The consumer price index added 0.3% m/m during August. Growth to the same month a year earlier slowed to 5.3% for the overall index and...

The crypto market remains in limbo and resembles a compressed spring at the same time. Bitcoin is trading slightly below $46,000 on Tuesday morning, ending the sluggish slide of the previous six days. Strictly speaking, the cryptocurrency market does not...

US consumer inflation is in the spotlight today, where forecasters expect a slowdown in the year-over-year growth rate from the current 5.4%, a high in the last 30 years. The wait-and-see attitude of the markets probably reduced the degree of...

Two of the world’s largest economies are in sync with pressure on their fintech giants. Access to user data and the growth of ecosystems have effectively created new monopolists that have lately been profiting lavishly from this information themselves and...

Demand for risk assets in financial markets continues to shrink with two significant drivers. Firstly, sentiment is undermined by the sustained sell-off in equities that has dominated the week during the US trading session. Secondly, China is not backing down...