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The Chinese firm CanSino Biologics has revealed to the world an inhalable COVID-19 vaccine. Other vaccines are administered via an injection.
The European Central Bank has announced that it would continue to tighten monetary policy during the upcoming months.
The German economy has managed to grow 0.3% in the third quarter of 2022, compared to the market expected 0.2% decline.
In the third quarter of 2022, the French Gross Domestic Product increased by 0.2%. Meanwhile, inflation continue to rise in October.
The commodity trader Glencore has revealed that the company expects to reach record profits for the year of 2022 despite a decline in earnings in the second half of the year.
The largest Indian carmaker Maruti Suzuki has announced that the company has quadrupled its second quarter profit due to record sales and easing commodity prices.
Elon Musk has announced that the bird is freed, as he took Twitter private in a $44 billion deal. The new owner of the company has already fired the CEO, CFO and policy chief.
In the aftermath of scandals and losses, the Swiss bank Credit Suisse has announced that it would raise 4 billion Swiss francs by selling the company's stock.
On Friday, the US Dollar strengthened due to the major monetary easing being set to continue in Japan. As the Dollar index gained strength, the price for gold declined. By the middle of the day, the price had reached below 1,650.00. Economic Calendar Analysis During the week, it is all about the US Dollar associated fundamental data, surveys and central bank policy.
Despite the massive depreciation of the Japanese Yen and currency interventions done by the Bank of Japan, the central bank has recently announced that it would stick to its monetary easing policy. The central bank has kept its short term interest rate target at -0.1% and pledged to keep the 10-year bond yield near 0.0%. Moreover, the policymakers stated that
The GBP/USD has passed below the combined support of the lower trend line of a channel up pattern, the 1.1550 level and the 50-hour simple moving average. In the near term future, the pair is expected to find support and resistance in round exchange rate levels. Economic Calendar During the week, it is all about the US Dollar associated fundamental data, surveys
Despite initially holding, the support of the lower trend line of the channel up pattern and the 1.0000 mark failed. By the middle of Friday's trading, the pair had reached below 0.9950. Economic Calendar Analysis During the week, it is all about the US Dollar associated fundamental data, surveys and central bank policy. Only exception is the Bank of England rate decision
The US Core PCE Price Index has been revealed to have increased by 0.5%, which was expected by the markets. As the news came out, the Dollar index plummeted 0.20% causing a surge of stock indices and commodity prices.
Shell has posted a quarterly profit of $9.45 billion, which was lower than the previous quarter's record high due to weaker gas trading and refining.
On Friday, the US Dollar strengthened due to the major monetary easing being set to continue in Japan. As the Dollar index gained strength, the price for gold declined. By the middle of the day, the price had reached below 1,650.00. An continuation of the decline is expected to find support in two zones. First one is the 1,639.60/1,642.00 zone. The
Despite the massive depreciation of the Japanese Yen and currency interventions done by the Bank of Japan, the central bank has recently announced that it would stick to its monetary easing policy. The central bank has kept its short term interest rate target at -0.1% and pledged to keep the 10-year bond yield near 0.0%. Moreover, the policymakers stated that
The GBP/USD has passed below the combined support of the lower trend line of a channel up pattern, the 1.1550 level and the 50-hour simple moving average. In the near term future, the pair is expected to find support and resistance in round exchange rate levels. A continuation of the decline might find support in the 1.1500 mark and the 100-hour
Despite initially holding, the support of the lower trend line of the channel up pattern and the 1.0000 mark failed. By the middle of Friday's trading, the pair had reached below 0.9950. A decline of the Euro against the US Dollar could look for support in the 0.9900 mark and the 200-hour simple moving average. Further below take into account
As the Twitter takeover by Elon Musk approaches, the company's stock is set to be suspended from the New York Stock Exchange on Friday, October 28.
Despite the massive depreciation of the Japanese Yen and currency interventions done by the Bank of Japan, the central bank has recently announced that it would stick to its monetary easing policy. The central bank has kept its short term interest rate target at -0.1% and pledged to keep the 10-year bond yield near 0.0%. Moreover, the policymakers stated
Despite the massive depreciation of the Japanese Yen and currency interventions done by the Bank of Japan, the central bank has recently announced that it would stick to its monetary easing policy. The central bank has kept its short term interest rate target at -0.1% and pledged to keep the 10-year bond yield near 0.0%.
Samsung Electronics has revealed that the company expects to increase its memory chip supplies despite competitors expecting a decline in demand.
In the third quarter of 2022, TotalEnergies gained a profit of $9.86 billion, compared to $4.77 billion in the third quarter of 2021.
In general, the price for gold has been almost flat. On Thursday, the price descended below the 50-hour simple moving average and touched the 1,655.00 level. Economic Calendar Analysis On Friday, the US Core PCE Price Index is scheduled to be published at 12:30 GMT. This inflation measure is watched by the US Federal Reserve when setting their policy. XAU/USD short-term forecast If