According to Quek Ser Leang at UOB Group’s Global Economics & Markets Research, USD/IDR remains poised to keep trading in a side-lined fashion between
Category: Finance
NZD/USD finds some composure in mid-0.6700s, eyes Powell speech/NZ CPI later this week
NZD/USD is attempting to snap a four-day losing streak on Tuesday, having found some composure in the mid-0.6700s, though failing to hold above the 0.
US: Housing starts rise by 0.3% in March, Building Permits rise by 0.4%
Housing Starts rose by 0.3% in March, taking the rolling 12-month number of starts to 1.793M, above expectations for a drop to 1.745M from 1.788M
Pound Sterling Price News and Forecast: GBP/USD slides further below 1.3000 mark
Cable remains biased lower, but bears continue to struggle at psychological 1.30 support and unable to clearly break lower for over one month. Technic
EUR/USD stabilises as Eurozone yields jump, though remains stuck below 1.0800 on Fed/ECB policy divergence
A comparatively large jump in Eurozone bond yields versus their US counterparts, which are playing catch up given European market closures on Monday,
MULN stock continues its collapse as it closes 14% lower on Monday
Mullen Automotive (MULN) stock continued its collapse on Monday with the former retail favourite closing below $2 at $1.84. The stock has been under c
$MICEX Russia index longer term trend and bullish cycles
The Russian index has trended higher with other world indices since inception. The index remained in a long term bullish trend cycle into the December
China: Economic results moderated in March – UOB
Economist at UOB Group Ho Woei Chen, CFA, assesses the latest set of results in Chinese fundamentals. Key Takeaways “China’s 1Q22 GDP expanded by 4.8%
Nine energy services ($NINE) Is the next leg up starting?
Nine Energy Services stock has had a remarkable rally in the first quarter of 2022. There are a few small companies that are making big
EUR/USD Price Analysis: Bouts of strength should be short lived
EUR/USD regains the smile somewhat and reverses three consecutive daily drops on Tuesday. In light of the ongoing price action, extra losses in the pa