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IX INTEL - DISCOVER MORE Discover intel relating to your subject of interest
US Data Miss Sees Further USD Correction

The focus today will be on the US jobless claims and PCE data.

DXY About to Fall Below Key Support ?

The US Dollar (DXY) fell sharply on Wednesday after the release of weak US labour market data.

How Mechanical Rules Can Help You Trade Without Emotion

Emotions are a powerful force that can have a significant impact on our decision-making. In trading, this can be especially dangerous, as emotions lead to rash decisions that can cost us money.

Jackson Hole Day 2 – Any Surprises to Come From Powell?

The main highlight of today’s session will be the Jackson Hole Symposium and the speeches for both Fed Chair Powell, and ECB President Lagarde.

US PMI Miss Boosts Risk Assets, GBP Weakens

The US Dollar and Treasury yields fell on Thursday after the release of weaker-than-expected US S&P Global Flash PMI data.

PMI’s Miss in UK & Europe

The markets are in a risk-off mood on Wednesday as concerns about the economic outlook mount. The euro and pound sterling find themselves under pressure, while the dollar is strengthening. Treasury yields are also pulling back after hitting a new cycle high.

Exclusive: Head of IX Social on the App’s Latest Upgrades 

INFINOX, a leading brokerage firm, has recently launched the newest version of its copy trading app, IX Social.

Markets In A State of Flux

Market sentiment put in a decent bounce on Monday, with the Nasdaq futures continuing to grind higher (+0.40% at the time of writing). This is surprising given that US 10-year Treasury yields hit a new cycle high yesterday, and higher yields have been a key driver of recent negative risk sentiment.

Risk Assets Remain Under Pressure

The economic calendar is light today, with only US jobless claims and the Philadelphia Fed business index data scheduled for realase. However, even these minor data releases could have a big impact on the markets, given the current volatility.

GBP Moves Higher on CPI Print

Today’s economic calendar is light, with only US building permits and housing starts scheduled for release.

USD Remains Rampant on Soft China Data

UK jobs data released today showed a surprise increase in wages, which boosted the odds of another 25 basis point rate hike by the Bank of England (BoE) to 90%.

Week Ahead: FOMC Minutes, Inflation and More

This week is relatively quiet on news this week, with the major headline being the FOMC minutes being released on Wednesday.

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