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About: davin

Recent Posts by davin

Following a 2026 peak, SPX declines methodically, almost meeting the previously forecast 6,521 target

SPX likely peaked at 7,002; diagonal decline continues, bounce possible soon, next target 6,079 below SMA.

Later in Asia, GBP/USD slips towards 1.3400 as DXY rebounds, pressuring Sterling from highs

GBP/USD slipped 0.2% near 1.3400 as dollar rebounded; BoE held rates, inflation forecast raised.

UK public sector net borrowing reached £14.329B, exceeding expectations of -£8.5B during February publication

UK public sector net borrowing hit £14.329bn in February, far above expectations of a £8.5bn surplus.

Germany’s monthly Producer Price Index fell 0.5% in February, undershooting forecasts of a 0.3% rise

Germany’s February PPI fell 0.5% month-on-month, undershooting forecasts for a 0.3% rise by 0.8 points.

AUD/USD edges towards 0.7090 in Europe as hawkish RBA boosts Aussie; RSI implies consolidation ahead

AUD/USD edges toward 0.7090 as RBA hikes lift Aussie; Middle East tensions support USD; key levels.

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