CFD

Is a rate cut imminent? Watching incoming UK Inflation data

"The next move will be a cut," Bank of England's Andrew Bailey stated in response to a question about the Governors thoughts on interest rates during a speech at the London School of Economics. This does not mean the next...

Gold maintains upward bias on Iran and Fed speak?

Gold surged at the beginning of the week due to escalating geopolitical tensions, reaching a new all-time high of $2,450. However, it has since retreated slightly but perhaps maintains an upward bias....

Is gold or silver the trade to make this week?

This week's trade could be a decision between gold and silver. The former might be swayed by the seven fed officials that are planned to speak this week, while the latter could be influenced by the #SilverSqueeze movement that is...

What did Powell say and what did gold do?

Federal Reserve Chair Jerome Powell expressed reservations about the trajectory of disinflation in the US during his recent remarks, stating, "My confidence in that is not as high as it was." Despite this, he indicated that further rate hikes were...

US Inflation insights: What to expect this week?

Traders are preparing for a series of significant economic events in the United States, notably the release of key inflation data and a highly anticipated speech by Federal Reserve Chair Jerome Powell on May 14th. The forthcoming April Consumer Price...

OpenAI’s search engine: Implications beyond GOOG stock

OpenAI has denied rumors claiming it's set to reveal an AI-powered search engine for its flagship chatbot, ChatGPT, on Monday. Although there is speculation that OpenAI is being a bit of a wise guy, and the product it will demo...

Trade alert: 3 upcoming trade opportunities

US Inflation on Thursday, May 16: Inflation in the US has persisted despite expectations of a slowdown. March 2024 saw a consecutive increase in the annual inflation rate to 3.5%. Bank of America anticipates the upcoming data to reflect persistently...

Timing the BOJ’s next intervention?

We have seen 2 interventions from the BOJ over the past 2 weeks. The first came when the USDJPY hit between 158.000 and 160.000 and the second when it hit almost 158.000. With the BOJ warning that it is ready...

GBP/USD outlook: Pre-BOE decision time

The British Pound has seen a partial retreat against the USD ahead of the Bank of England's interest rate announcement. Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you...
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