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Google’s custom chips are expected to drive growth for its cloud business and Broadcom’s AI revenue, a Melius analyst says.
EUR/JPY halts its four-day winning streak, trading around 177.80 during the European hours on Monday. The technical analysis of the daily chart indicates the prevailing bullish bias as the currency cross remains within the ascending channel pattern.The short-term price momentum is stronger as the EUR/JPY cross remains above the nine-day Exponential Moving Average (EMA). Additionally, the 14-day Relative Strength Index (RSI) is positioned slightly below the 70 level, reinforcing the bullish bias. A break above the 70 mark would signal overbought conditions.On the upside, the EUR/JPY cross has reached an all-time high of 178.15, which was recorded on October 27.…
U.S. stock-market futures gained Sunday after top negotiators for the U.S. and China expressed optimism that a new trade deal is in reach, ahead of a key meeting later this week between President Donald Trump and China’s President Xi Jinping.
How Interest Rates Shape Global Markets Interest Rates Today Interest rates are one of the most powerful forces in global financial markets. They influence everything from the cost of borrowing to currency values and investment decisions. Whether you trade forex, stocks, or bonds, understanding how interest rates drive market behavior can give you a major edge. With the next FOMC decision due to be announced on October 29, expectations are for another 25bps rate cut followed by a similar reduction in December. Why interest rates matter: The Cost of Borrowing Interest rates directly affect the cost of financing trades.…
“What is the best way to go about this?”
EUR/USD is poised to finish the week with losses of 0.21% yet it remains above the 1.16 figure for the third straight day, capped on the upside by key resistance levels after US data might not deter the Fed from cutting rates.Euro supported by upbeat PMIs; Moody’s warning on France limits upside momentumInflation data in the US would not move the needle in favor of Fed hawks, missing estimates to the downside, though it remains far from the central bank 2% goal. After that, S&P Global showed that the economy shows signs of strength as manufacturing and services flash PMIs,…
“Each apartment would be priced close to $225,000.”
The Power of the Hard Trade Succesful ? One of the biggest lessons I’ve learned from years of trading forex is simple to say but hard to live by: the toughest trades are often the most rewarding. It’s an idea that sounds perfectly rational when you’re calm but in the middle of a fast-moving market, it’s incredibly difficult to apply. Traders who can master this mindset often see a dramatic improvement in performance. The Illusion of the “Easy” Trade Most new traders are drawn to the idea of buying low and selling high. It feels intuitive, even smart. Yet…
Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and CEO of Gemini Trust Co., on stage during the Bitcoin 2025 conference in Las Vegas, Nevada, on May 27, 2025.Bridget Bennett | Bloomberg | Getty ImagesThe Winklevoss twins, whose cryptocurrency company Gemini Space Station is going public, don’t expect bitcoin’s rally will stop anytime soon. In fact, they expect the cryptocurrency will reach $1 million over the next decade.”It’s still very much the bottom of the first inning because we see bitcoin trading at $1 million a bitcoin, if it disrupts gold,” Gemini co-founder Tyler…
German/ Eurozone flash PMIs OverviewThe preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for October is due for release today at 07:30 and 08:00 GMT, respectively.Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of their impact on the European currency and the related markets as well.The flash Composite PMI for Germany is expected to have dropped to 51.6 from 52.0 in September. Moderate growth in the service sector activity and the continued contraction in the manufacturing sector are expected to have weighed on the overall business growth.…