Schnabel says they are considering a 12-month extension on the PEPP as an option
“The European Central Bank (ECB) is considering the extension of the PEPP for 12 months as one of the options”Said
Markets
The preliminary CPI falls by 0.3% year-on-year in November, below estimates
According to Eurostat’s preliminary reading of the report of the Eurozone CPI for November, the annual figure has reached -0.3%,
AUD / USD faces rejection once again near 0.7375
AUD / USD benefits from USD weakness due to risk appetite and upbeat PMI from China. The RBA maintains its
US dollar DXY index remains under pressure around 91.70 ahead of Powell and US data.
The DXY index remains under pressure well below the 92.00 level. The appetite for risk prevails among market participants. Powell’s
Manufacturing PMI data for Germany and the Eurozone down in November
The Eurozone manufacturing PMI fell one point in November, standing at 53.8 compared to 54.8 in October, although it improves
New month, new market gains – Focus is on PMIs, Powell’s testimony and Brexit
This is what you need to know to trade today Tuesday, December 1. Markets have resumed their gains and the
GBP / USD faces additional gains above 1.3365
Prospects for further gains for GBP / USD remain above 1.3365 in the short term, suggest currency strategists at UOB
50 Hour SMA and Wedge Resistance Test XAU / USD Recovery From $ 1,764
Gold prices are struggling against a key confluence of resistance around $ 1,785 / 86. The three-day downtrend line adds
EUR / USD now focused on 1.1980
UOB Group currency strategists expect more gains on the EUR / USD as long as it remains above the 1.1980
Australia’s goodwill gestures to China will hurt its own industries
Amid deteriorating tensions between Australia and China due to lingering trade problems, China’s highly influential news outlet Global Times warns
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