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Royal Bank of Canada raised its price target for Thermo Fisher Scientific (TMO.N) from $490 to $580.July 24th - In June 2026, the China Green Certificate Price Index closed at 181.0 points (with January 2025 as the base period of 100 points), down 0.2% month-on-month and up 23.2% year-on-year.On July 24th, it was reported that in June 2026, the National Energy Administration issued 373 million green certificates, involving 1.2475 million renewable energy power generation projects. Of these, 206 million were tradable green certificates, accounting for 55.41%, roughly the same as the previous month. This period saw the issuance of 270 million green certificates corresponding to renewable energy power generation in May 2026, accounting for 72.38%. The number of green certificates issued for conventional hydropower, biomass power generation, and other renewable energy power generation types all increased this month, with conventional hydropower seeing the largest increase.July 24th - Data released by the UK Office for National Statistics on Friday showed that UK retail sales unexpectedly rose 1.0% month-on-month in June, compared to economists expectations of a 0.3% decline. Year-on-year growth in June retail sales was 4.2%, also higher than the 2.3% increase predicted by economists. Hannah Finselbach, senior statistician at the Office for National Statistics, said that demand for "outdoor goods, air conditioning and clothing" was strong in June, and online sales of sporting goods were also good. These figures further demonstrate that consumer sentiment is improving after the Middle East conflict hit consumer confidence. Household inflation fell to its lowest level in over a year due to lower fuel and food prices, and the sluggish labor market also showed signs of stabilizing. However, this recovery remains fragile. The recent breakdown of the US-Iran ceasefire agreement has reignited concerns about soaring energy bills and rising mortgage costs.Germanys GfK consumer confidence index for August was -29.6, compared to a forecast of -28.5 and a revised previous reading of -29.3 (from -29.2).

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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