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SixWeek

UK Inflation Soars, GBP/USD Nears a Six-Week High, All Eyes on the Fed

GBP/USD – Prices, Charts, and Analysis Headline UK inflation rose to 10.4% from 10.1% in January. Will the Bank of England (BoE) consider a 50bp hike tomorrow? The Fed is expected to announce a dovish 25bp rate hike later today. Recommended by Nick Cawley How to Trade GBP/USD Headline UK inflation broke a three-month trend …

UK Inflation Soars, GBP/USD Nears a Six-Week High, All Eyes on the Fed Read More »

FTSE 100 at Six-Week Lows as the Market Appears Rattled, 7000 Key Level in Sight

The Blue-Chip Index Closed August Down 1.9%. Annual House Price Growth Slows to 10% vs 11% in July. Mining Stocks Leading the Drop. FTSE 100: at Six-Week Lows as Market Appear Rattled, 7000 Level in Sight The FTSE 100 continued its march lower in European trade as losses mount for London stocks, with recession fears …

FTSE 100 at Six-Week Lows as the Market Appears Rattled, 7000 Key Level in Sight Read More »

DAX Remains Under Pressure as Europe’s ‘Fear Index’ Hits Six-Week High

DAX 40 Remains Under Pressure Despite Gains in European Trade. Powell’s Signal of Higher-for-Longer Fed Rates Weighs onSentiment. The Volatility Gauge for Euro-Zone Stocks, ‘Europe’s Fear Index’ Jumped to a Six-Week High of 29.4. DAX 40: Downside Pressures Remain Despite a Bounce in European Trade The Dax opened with a gap of 120 odd points …

DAX Remains Under Pressure as Europe’s ‘Fear Index’ Hits Six-Week High Read More »

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