A case of the déjà vu?

US PPI data later today to set the tone ahead of North American trading Yesterday, we got one of the hottest CPI reports in years and the inflation debate will continue on today with the release of US PPI data for April.

Bitcoin slips back under $50,000 as the pressure keeps up

It is a pivotal time for Bitcoin as Elon Musk puts a stop to his crusade In case you missed the overnight news:

Risk looks a little heavy once again

The sour mood from yesterday continues to persist European indices are down by roughly 2% across the board now as the selling in equities intensifies and that is also exacerbated by a drop in US futures as well.

Dollar keeps steadier so far on the session

Little change among major currencies for now The dollar is keeping steadier after its advance yesterday with major currencies not showing much poise despite European indices being sold off currently.

European equities marked lower to start the day

The decent showing yesterday starts to fall apart European indices showed some resilience yesterday to close a little higher for the most part but are seen tumbling to start the session, in what looks to be a bit of a catchup to the sour mood in US equities yesterday.

FX option expiries for 13 May 10am New York cut

A look at what is on the board for today A couple of sizable ones to be aware of, as highlighted in . bold The one foe EUR/USD is where price action resides now, with the key hourly moving averages sandwiching the level @ 1.2080-29.

Tips: Placing stops when trading classic chart patterns

Stops One of the questions traders often ask is where should I place my stops when I am trading classic chart patterns. A classic chart pattern is a Head & Shoulders pattern, a double top, or a symmetrical triangle etc. This article will not go into recognising these patterns, but instead it will give you the

Trade ideas thread - European session 13 May 2021

Daily thread to exchange ideas and to share your thoughts Whether it be due to base effects and perhaps even transitory, the Fed will have its tolerance tested by the market in the coming months if inflation data continues to run hot as we saw with the US CPI print yesterday.

It is a rather empty calendar day in Europe today

A couple of bank holidays to boot as well The absence of data releases in Europe will continue to put the scrutiny on risk sentiment, with the bond market set to stay in the driver's seat once again.

BOJ's Kuroda: BOJ does not have automatic, set rules when it comes to ETF purchases

Further remarks by Kuroda

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