Forecasts & Analysis

The British pound has pulled back again during trading on Monday, to kick off the week with a familiar barrier in mind.

The British pound has rallied again against the Japanese yen during trading on Monday, as it looks like it’s doing everything he can to break out to the upside.

The Euro shot higher during the trading session on Monday morning, breaking above the 1.09 level. However, it has run into a wall of selling pressure.

The Aussie dollar has rallied again during the session on Monday to touch the top of the channel that we have been in for a while.

Investors are braced for a busy week of Q4 earnings as well as critical inflation updates that could influence the Fed’s future moves.

ECB governing council member Klaas Knot said interest rates would rise by 50 basis points in both February and March.

In another bearish sign, hopes are fading for late winter extreme cold with the premium on March futures over April falling to a record low of zero.

Here are top recession ETFs of 2023 that represent defensive sectors such as Consumer staples, Healthcare and Utilities, and offer healthy dividend yields and strong underlying businesses.

Like in the good old days, the crypto market is feeding off the rise in stock indices but growing ahead of the curve.

WTI and Brent crude oil are hovering near a one-month high in anticipation of stronger Chinese demand as the country rebounds from COVID curbs.