The Euro Area experienced two consecutive quarters of 0.1% GDP contraction, placing the bloc in a technical recession, following Germany’s lead, which slipped into a recession in the prior week.…
It all started midway through May when the Dow Jones 30 Futures (CME: YM) was knocked down by bearish sentiment, which took the index down 3.64% in a selling spree.…
The FTSE 100 Index (LSE: UKX) bears the brunt of economic indicators in the UK, which show signs of contraction. The UK S&P Global Services PMI declined from 55.9 to…
The OPEC+ recently concluded their monthly meeting with another production cut in the books, which Saudi Arabia has committed to with a 1 Million barrel per day cut. The WTI…
The EURUSD currency pair has primarily been driven by risk-off sentiment in recent weeks, with the most recent risk-off event being the potential of a U.S. Default. With that crisis…
The Pound has recently been bolstered by expectations of further rate hikes by the Bank Of England as inflation still stands tall at 8.7% and well above the 2% target.…
Saudi Arabia's recent decision to slash oil output by 1 million barrels per day, aligning with OPEC+ supply cuts, could provide a much-needed boost to Brent Crude Oil Futures (NYMEX:…