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Market Analysis

US Crude Oil Bounces Back But Looks Rangebound Before OPEC’s June Meet
  • May 23, 2024

US Crude Oil Bounces Back But Looks Rangebound Before OPEC’s June Meet

Crude prices have been much more in thrall to the monetary policy outlook than either gas or metals

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Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook
  • May 22, 2024

Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook

This piece delves into the technical outlook for gold, EUR/USD and USD/JPY, analyzing their price behavior and market sentiment to forecast their near-term trajectories.

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Euro Price Outlook: Euro Heads Lower as ECB June Meeting Nears
  • May 22, 2024

Euro Price Outlook: Euro Heads Lower as ECB June Meeting Nears

The euro failed to mount a significant challenge when coming under pressure in what has been a quiet week this far. German manufacturing PMI appears unlikely to change that

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Japanese Yen Slips Vs USD Again as Data Show Trade Gap Yawned in April
  • May 22, 2024

Japanese Yen Slips Vs USD Again as Data Show Trade Gap Yawned in April

The Japanese currency remains pressured by its still-low interest rates and the USD/JPY uptrend is entrenched

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UK Inflation Proves Too Hot to Handle in April, Unravelling Rate Cut Bets
  • May 22, 2024

UK Inflation Proves Too Hot to Handle in April, Unravelling Rate Cut Bets

UK April CPI came in a lot hotter than expected, specifically services inflation which carries huge importance for the Bank of England. Rate cuts paired back massively, GBP bid

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Nvidia's Q1 Earnings: Record Results Driven by AI Chip Dominance?
  • May 21, 2024

Nvidia's Q1 Earnings: Record Results Driven by AI Chip Dominance?

Will NVIDIA’s Q1 earnings report propel the stock to another all-time high or even reach a four-digit price tag for the first time?

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British Pound Holds Near Two-Month Peaks Vs USD As Attention Grabbing CPI Looms
  • May 21, 2024

British Pound Holds Near Two-Month Peaks Vs USD As Attention Grabbing CPI Looms

Sterling may not move far until Tuesday, when some weakness in domestic inflation is expected to be seen

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Gold Price Outlook: Precious Metals Pullback from Intra-Day Highs
  • May 20, 2024

Gold Price Outlook: Precious Metals Pullback from Intra-Day Highs

Gold achieved another all-time high as silver surpassed highs not seen since 2013. The precious metals eased thereafter as Fed officials distance themselves from rate cuts

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FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs
  • May 20, 2024

FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs

Outlook on FTSE 100, DAX 40 and S&P 500 amid BoE and Fed talk

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Euro Struggles With $1.09 Cap But Finds Support in Risk Appetite
  • May 20, 2024

Euro Struggles With $1.09 Cap But Finds Support in Risk Appetite

The week has got off to a subdued start for EUR/USD, with the Dollar likely to set the trading pace

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