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Headlines:Broader markets continue to wait on the ADP rouletteUSD/JPY rebound extends as the losses from yesterday are erasedThe bond market...

Prior -5.7%Market index 180.4 vs 190.3 priorPurchase index 132.3 vs 138.4 priorRefinance index 432.1 vs 463.8 prior30-year mortgage rate 7.0...

Let's talk about risk toreward ratio. This is something controversial, because setting a fixed RR(reward to risk) like 3:1 isn't fully wro...

"I think there is certainly a high likelihood. But it is not inevitable at the moment."Until one of the major players pioneer the use of a d...

FundamentalOverviewThe mood in the markets hasbeen slowly improving this week after the month-end flows last week impactedthe risk sentim...

In FX, USD/JPY is the main mover on the day with the pair up 0.9% to 156.20 currently. Besides that, USD/CHF is up slightly by 0.3% to 0.892...

The pair had threatened a potential break below the 155.00 mark yesterday. That is before dip buyers showed up in Asia today and the rebound...

Prior -0.4%PPI -5.7% vs -5.3% y/y expectedPrior -7.8%Producer prices in the euro area declined in April but owes much to a drop in energy pr...

Last weekend, on 2 June, the OPEC+ oil cartel agreed to extend oil production cuts until 2025. Previously, the agreement had been set until...

Final Services PMI 52.9 vs. 52.9 expected and 55.0 prior.Final Composite PMI 53.0 vs. 52.8 expected and 54.1 prior.Key findings:Business act...

Openbanking, a relatively new concept in finance, is rapidly gaining momentum.Previously, traditional banks held an exclusive monopoly ove...

The EUR/USD pair experienced a sharp decline due to an appreciating US dollar. The exchange rate continued its upward trend from Wednesday i...

NASDAQ futures technical analysis: Key levels and market outlookHello, this is Itai Levitan, bringing you a NASDAQ futures technical analysi...

Final Services PMI 54.2 vs. 54.4 expected and 54.3 prior.Final Composite PMI 52.3 vs. 52.6 prior.Key findings:Slower growth of both activity...

Prior 56.2Once again, Spain continues to be the bright spot in the euro area. This marks the steepest rise in activity for over a year. HCOB...

There are just a couple to take note of on the day, as highlighted in bold.The first ones are for EUR/USD, layered between 1.0855 through to...

USD/CHF is one of the more notable movers so far this week, with the pair falling below the 0.9000 level after some consolidation just above...

The rally in bonds from late April to mid May was stemmed by a test of its 200-day moving average (green line) at the time. The low in yield...

It ended up being a mixed showing by markets in trading yesterday. Bond yields were dragged lower once again but the dollar saw some mixed f...

Australian Treasurer Chalmers says Q2 GDP will also be 'difficult'US ISM Services PMI for May due Wednesday, the ranges of estimates (ADP jo...

The consensus median estimate for the US ISM Services PMI is 50.5, as can be seen in the screenshot below, fromthe ForexLive economic data...

Market pricing is around 80% for a 0.25% rate cut from the Bank of Canada today, due at 0945 Eastern time:Bank of Canada Governor Macklem's...

China Caixin Services PMI for May 2024 54.0 (prior 52.5)expanded fastest since August 2023 Composite 54.1 (prior 52.8)Earlier PMIs from Chin...

Economic growth in Australia in the first quarter of 2024.+0.1% q/qexpected 0.2%, prior 0.2%+1.1% y/yexpected 1.2%, prior 1.5%The 'Chain pri...

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitte...