Transaction services: Middlemen aim to smooth bumps in trading relationships
Online business-to-business marketplaces are growing in number, and many are thriving. According to a recent report published by market research company Forrester, the value of B2B e-commerce in the US alone will reach $1.8 trillion by 2023, up from $1.1...
WTI: Crude Oil Set to Resume Slide?
After the sharp mid-week reversal, crude oil prices started this week on the front foot. Investors were making a more sober assessment of what Donald Trump said and how the OPEC could possibly accept bringing oil prices lower given that...
New Zealand Employment to Bounce Back in Q1 but May Fail to Lift kiwi
Labour market indicators will be published in New Zealand on Wednesday at 10:45 local time (Tuesday, 22:45 GMT), in what will be the last major release before the Reserve Bank of New Zealand’s policy meeting on May 8. With rate...
“Tarrified” Part III: European Union The Next Target of U.S. Tariffs
Highlights With the USMCA awaiting ratification and trade talks with China nearing conclusion, the U.S. administration has turned its attention to other trade imbalances. The European Union and Japan – partners that have maintained persistent merchandise trade surpluses – are...
Fed Meets as Rate-Cut Bets Mount
The Fed will announce its policy decision on Wednesday at 18:00 GMT. No action is expected, so Chair Powell’s remarks in the subsequent press conference (18:30 GMT) will likely steal the show. Inflation has cooled lately, which combined with still-elevated...
EURUSD Remains On Third Consecutive Day Of Gain
EURUSD remains on third consecutive day of bullish offensive as the pair eyes more strength. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level. A break below here will target the 1.1100 level....
Pending home sales jumped 3.8% in March, thanks to a big dip in mortgage rates
A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida. Getty Images House shoppers signed 3.8% more contracts to buy existing homes in March compared with February, according to the National Association...
10 Trading Mistakes to Avoid in Forex Trading
Human error in the forex market is common and often leads to familiar trading mistakes. These trading mistakes crop up particularly with novice traders on a regular basis. Being aware of these errors, can help traders become more efficient in...
Euro Surges as Data Paint Improved Growth and Inflation Outlook
Euro surges broadly today as boosted a series of better than expected economic data. GDP beat market expectations and argue that the slowdown wasn’t as worse as expected. In particular, strength was also seen in problematic countries like Italy and...
Top 3 Technical Analysis Charts for Trading
Technical analysis charts: Talking Points Technical analysis of charts aims to identify patterns and market trends by utilising differing forms of technical chart types and other chart functions. Interpreting charts can be intimidating for novice traders, so understanding basic technical...
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