Advika

The euro area government deficit decreased in 2024 to -3.1% of GDP. Italy and Greece posted primary surpluses even though their interest costs remain high. The fiscal adjustment that still needs to be provided by the countries whose deficits increased in 2024 (France, Austria, Belgium, Finland) will

WTI Oil WTI oil edged higher on Thursday and recovered part of losses of previous day (down 2.4% for the day) after OPEC signaled further output increase from June. Limited recovery remains weighed by signals of further supply increase and with still unclear situation with tariffs, after calmer tone

Wall Street Journal reported on Wednesday that the White House was considering slashing tariffs on Chinese goods to de-escalate the trade conflict, per Reuters. Citing one senior White House official, the news outlet said that tariffs on imports from China were likely to come down to between roughly

The EUR/USD has broken above the 1.1500 threshold, completing what appears to be an extended wave iii of a higher-degree impulse, with the pair now in a corrective wave iv consolidation. With wave iii registering a textbook extended leg, attention now shifts to whether wave v can materialise into a

Dollar Index (DXY) continued to trade near recent lows and was last seen trading at 98.44, OCBC's FX analysts Frances Cheung and Christopher Wong note. Markets are questioning USD’s status as a reserve currency "Daily momentum is bearish, while RSI fell into oversold conditions. Support at 98, 97.65

The Forex market is a dynamic and fast paced environment where traders from around the globe buy and sell currencies to capitalize on market movements. With trillions of dollars exchanged daily, it’s an exciting space filled with opportunities—but it’s not without risks. Imagine a scenario where you

Recent reports suggest that Chinese gold exchange-traded funds (ETF) inflows reached a fresh daily record late last week. Investors continue to rush towards the yellow metal amid intensifying trade tensions. According to Bloomberg data, inflows into China’s four major gold ETFs reached a record of n

Q1 earnings season has kicked off in the US, amidst the tariff drama. Tariffs loom large over this earnings season, even if most reciprocal tariffs are on pause. The question for investors is whether the disruption caused by tariffs on China and elsewhere, even if they are delayed, will lead to prof

EURUSD holds stubbornly around 1.1050 resistance ahead of US CPI data. Can it push through? USDCHF returns to familiar battleground. Is another bullish cycle on the horizon? Gold shines again above $3,000 as US-China trade tensions reignite safe-haven demand. Share: Analysis feed

Carol Harmer on the current market conditions and the volatility, as I try to calm the fevered brow of the day trader by showing the S&P 500 on a weekly basis. Share: Analysis feed