EUR/JPY steadies near record high as Euro and Yen face political shocks

EUR/JPY stabilizes around 175.70 on Monday, up 1.4% for the day, after reaching a record high of 176.25. The unexpected resignation of French Prime Minister Sébastien Lecornu, announced just hours…

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Newsquawk Week Ahead: ECB, PBoC LPR, Global PMIs and the Japanese Upper House Election

Sun: Japanese Upper House Election Mon: PBoC LPR; Canadian PPI (Jun), US Leading Index (Jun), New Zealand Trade (Jun), UK CBI (Jul) Tue: UK PSNB (Jun), US Richmond Fed (Jul)…

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Newsquawk Week Ahead: FOMC, BoE, US ISM Services PMI, Canada jobs and China trade

Sat: Australian Election Mon: Hong Kong Holiday (Buddha’s Birth), Japanese Holiday (Children’s Day), UK Holiday (Bank Holiday); Swiss CPI (Apr), EZ Sentix (May), US ISM Services PMI (Apr), Turkish CPI…

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Polish prime minister calls for interest rate cut after April inflation data

Original source: https://www.investing.com/news/stock-market-news/polish-prime-minister-calls-for-interest-rate-cut-after-april-inflation-data-93CH-4014192

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S&P upgrades Italy in surprise boost for PM Meloni

Original source: https://www.investing.com/news/stock-market-news/sp-upgrades-italys-ratings-to-bbb-on-external-buffers-monetary-flexibility-amid-global-headwinds-3982291

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British PM expresses support for Ukraine’s Zelenskiy

Original source: https://www.investing.com/news/stock-market-news/british-pm-expresses-support-for-ukraines-zelenskiy-93CH-3878350

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France’s Macron: From now on, a new era must start with new compromises

French President Emmanuel Macron said on Thursday that he will name a new Prime Minister in the coming days whose top priority will be getting a 2025 budget adopted by…

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Indian PM Modi likely to visit Ukraine in August, local media reports

Original source: https://www.investing.com/news/stock-market-news/indian-pm-modi-likely-to-visit-ukraine-in-august-local-media-reports-3540292

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Success is Not Final, Failure is Not Fatal: Trader’s Journey

“Success is not final; failure is not fatal. It is the courage to continue that counts’” Winston Cruchill This is one of the most popular quotes by Sir Winston Churchill,…

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December 10: Last “Normal” Christmas, Blackouts in Sri Lanka, Google fakes Gemini presentation (Recap Ep256)

The week began with Sri Lanka experiencing a nationwide power outage attributed to a system failure. Meanwhile, a foreboding sentiment emerged as experts warned that the current Christmas season might…

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