After last week’s pause, the earnings season for London’s biggest companies will resume with a flood of disclosure over the next few days. There’ll be a focus on the FTSE’s four giant banking groups and on three further global miners, after Rio Tinto and Randgold earnings earlier in the month.
James Chen, Chief Technical Strategist at City Index, analyses the market to identify key technical levels for major currency pairs such as EUR/USD, GBP/USD and USD/JPY. If you’d like to see technical analysis news on any other market, please add a comment to one of the articles to make your request.
The markets kicked off 2017 in fine form, a sharp contrast to the sell off which pushed us into 2016. Although the week was shortened thanks to the extended New Year weekend, economic data has been coming through thick and fast, helping to build a more solid picture as to the state of the UK economy in the final weeks of 2016 and in the States, the outlook for the Federal Reserve.