On financial markets, demand for risk remains strong, moving key stock indices further up. Analysts saw signs of a reversal towards acceleration from recent Chinese data. On the other end, UK retail sales statistics disappoint, this time hitting the Pound.
Important market events (GMT):
08:30 UK !!! Retail Sales 09:00 EA !! Consumer Price Index 13:30 US !! Building Permits 14:15 US !!! Industrial Production 15:00 US !!! Consumer Sentiment
• Central banks prefer to pause. • The strengthening of the dollar prevented gold from…
Market Picture The crypto market set another trap for bulls yesterday afternoon, jumping to $3T…
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
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