Britain’s labor market showed fresh signs of strain in March, with unemployment rising unexpectedly and payroll figures pointing to a sharper slowdown in hiring activity as businesses face mounting cost pressures and growing geopolitical uncertainty. According to figures released by the Office for National Statistics (ONS) on Tuesday, the UK …

Key Takeaways Broad-based gains: The Stoxx 600 rose 0.3%, Germany’s DAX climbed 0.7%, France’s CAC 40 added 0.3%, and the U.K.’s FTSE 100 gained 0.4%. Trump cancels strikes: The president said he had called off renewed attacks on Iran. New Iran proposal: Tehran officials reportedly sent out a fresh peace …

Key Takeaways Crude falls: Brent oil futures fell 1.5% to $110.43 per barrel, while WTI dropped 1.1% to $103.33. Trump postpones attack: The president said he had delayed a planned military attack on Iran initially set for Tuesday. “Serious negotiations”: Trump confirmed peace talks are actively ongoing. Gulf countries’ plea: …

Dow Jones Industrial Average (DJIA) Technical Analysis The Dow Jones Industrial Average on Wall Street is grinding gradually lower, closing in on the 49,065 target after printing an intraday low of 49,154. Technical Outlook for Today’s Session – 4-Hour Timeframe: On the short-term horizon, the bias leans firmly bearish, as …

USD/CAD Technical Analysis The USD/CAD pair preserves its underlying technical structure unchanged as it extends its corrective upward movement. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the pair is working to establish a robust support base in the vicinity of 1.3730, aiming to harvest fresh bullish momentum and …

GBP/USD Technical Analysis The GBP/USD pair temporarily reversed its anticipated bearish trajectory after the price consolidated above the 1.3380 resistance level. We had highlighted that a decisive break above 1.3380 could reignite temporary upside momentum targeting 1.3445 — a projection that was duly fulfilled, with the pair printing an intraday …

US Crude Oil (WTI) Technical Analysis US crude oil futures successfully achieved the $105.20 target outlined in our previous technical report, printing an intraday high of $105.16. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the price remains anchored above the 100-period simple moving average support, while continuing to …

Gold Technical Analysis – 4H Timeframe Gold prices attempted to recover some of their losses after hitting a low of $4,480, before rebounding and stabilizing above the psychological support level of $4,500. Technical Outlook – 4-Hour Timeframe: The simple moving averages have formed a clear bearish crossover and continue to …

EUR/USD Technical Analysis Negative pressure continues to dominate the price action of the EUR/USD pair within the bearish trajectory projected in our previous technical report. The pair is now closing in on the initial target at 1.1600 — just a handful of pips away — after printing an intraday low …

Key Takeaways Modest rebound: The Westpac-Melbourne Institute Consumer Sentiment Index climbed 3.5% in May to 83.0 from 80.1 in April. Recovering from sharp drop: May’s gain follows the previous month’s brutal 12.5% fall. Fuel relief helps: Australia’s temporary fuel excise cut helped lower petrol prices after the Hormuz-driven surge. Still …