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Serbia's economy is currently navigating a phase of moderated growth, shaped by a complex mix of domestic challenges and global uncertainties. While the country has demonstrated resilience in recent years, recent GDP trends and forward-looking projections suggest a more cautious outlook for 2025 and

GPN is approaching a key Fibonacci support zone, signaling the potential end of a multi-year correction and the start of a new bullish cycle. Global Payments Inc. (NYSE: GPN) is nearing the end of a long-term correction. According to the weekly Elliott Wave chart, GPN is completing a complex W-X-Y c

The Canadian Dollar (CAD) is entering Tuesday’s NA session unchanged from Monday’s close, recovering from mild weakness observed in late Asian / early European trade, Scotiabank's Chief FX Strategist Shaun Osborne notes. Scope for further CAD gains "The recovery in oil prices should offer the CAD su

Here is what you need to know on Tuesday, June 10: The US Dollar (USD) stays resilient against its peers in the European session on Tuesday. Investors refrain from taking large positions as they await the outcome of the United States (US)-China trade talks, which are set to continue in London later

Euro gains as Sino-US trade talks ease tensions and ECB officials signal limited rate cuts ahead.ECB’s Kazimir and Schnabel push back on extended easing expectations.NY Fed survey shows inflation expectations dipped, but household outlook worsened. EUR/USD advanced on Monday during the North America

AUD/JPY holds onto gains near 94.10 ahead of Sino-US trade discussions.The RBA is expected to reduce interest rates in the policy meeting next month.The upwardly revised Japan’s Q1 GDP data has offered support to the Japanese Yen. The AUD/JPY pair clings to gains near a fresh three-week high around

XAU/USD Gold price edged higher from new over one-week low in early European trading, after it cracked strong supports at $3300 zone (psychological/daily Kijun-sen / daily cloud top), but faced headwinds here. Bouncing after heavy losses (gold price was down around $100 in past two sessions) is a lo

EU mid-market update: Bombastic breakup between Trump and Musk rattles political sphere and Tesla stock; Call scheduled today; ECB's Holzmann emerges as sole dissenter. Notes/observations - Tesla bounces back 5% in premarket after 14% drop on Thurs, triggered by relationship breakup between Trump an

Markets As expected, the ECB cut its depo rate by another 25 bps to 2.0%. More than ever, the question for markets was what to expect next. Admittedly subject to a persistent high degree of event risk, conclusion is that the ECB might do less than what markets were positioned for. Chair Lagarde indi

Notes/observations - Trade war concerns continue to sap risk appetite. - EU bond yields higher in session; USD on soft footing. Asia - Australia May Final PMI Manufacturing: 51.0 v 51.7 prelim (confirmed 5th month of expansion). - South Korea May PMI Manufacturing: 47.7 v 47.5 prior [5 month of cont