Euro, EUR/USD, US Dollar, AUD/USD, RBA, Crude Oil, ECB, BoJ – Talking Points The Euro remains above 1.0100 as markets question USD strength APAC equities… Read More »Euro Steady as Risk Asset Prices Diverge Ahead of ECB and BoJ Meetings. Will EUR/USD Gain?
Gold, Brent Oil, WTI, China, Iran, Prompt Spread, Technical Outlook – Talking Points Gold prices muted above 1,700 despite a US Dollar pullback Crude oil… Read More »Gold Prices Muted, Crude Oil Rises on USD Pullback as APAC Stocks Fall
Australian Dollar, AUD/USD, RBA Minutes, Unemployment, BoC, Fed – Talking Points The Australian Dollar nudged higher after RBA minutes for July The RBA could follow… Read More »Australian Dollar Edged Up on Hawkish RBA Meeting Minutes. Will AUD/USD Rally?
Canadian Dollar Talking Points USD/CAD appears to be reversing course ahead of the November 2020 high (1.3371) as it initiates a series of lower highs… Read More »USD/CAD Rate Pullback Eyes 50-Day SMA
British Pound, GBP/USD, Bank Earnings, Iron Ore, Copper, Grains – Talking Points Tuesday’s Asia-Pacific Outlook Asia-Pacific markets may see a mixed open amid regional shifts… Read More »GBP/USD Climbs as APAC Traders Eye RBA Minutes, China Developments
US STOCKS OUTLOOK: The S&P 500 erases a 1% gain in early morning and slides 0.84% at the market close News that Apple may slow… Read More »S&P 500 Sinks as Apple Slows Hiring; Netflix & Tesla’s Earnings Eyed for Tech Clues
Crude Oil Price Talking Points The price of oil attempts to retrace the decline from the previous week following the failed attempts to close below… Read More »Crude Oil Price Trades in Descending Channel After Failing to Defend April Low
EURUSD, European Central Bank (ECB) – Talking Points EURUSD rally stalls short of 1.02 amid USD weakness ECB slated for first rate hike in 11… Read More »EURUSD Continues Higher From Friday’s Rally, Advance Stalls Near 1.02
Cryptocurrency, Bitcoin Talking Points: Bitcoin, Ethereum rise, softer USD boosts riskier assets Coinbase suspends its affiliate program in an effort to cut costs Price action… Read More »Bitcoin (BTC) Tests Technical Resistance – Softer USD Lifts Sentiment
CANADIAN DOLLAR KEY POINTS: Canada’s inflation data will grab the spotlight on Wednesday June’s consumer price index is seen rising 0.9% on a seasonally adjusted… Read More »USD/CAD Falls After Channel Resistance Holds, Canadian Dollar Hinges on Inflation Data
Gold Talking Points: After spending late-May and early-June in consolidation, Gold prices have plunged to fresh 11-month-lows during the current five-week sell-off. Gold prices ran… Read More »Gold Grasps for 1700 Following Five-Week-Plunge
DAX 40:Rises as Gas Cuts Threaten to Shutter German Economy. FTSE 100:Higher as Mining Stocks Lead the Way. DOW JONES:Continues Rally as Sentiment Improves, Earnings… Read More »DAX, DOW and FTSE Push Higher as Risk-On Sentiment Continues
SPX, BAC, GS Analysis and Talking Points Goldman Sachs and Bank of America Provide Mixed Earnings Markets Price Out Expectations of a 100bps hike Despite… Read More »S&P 500 Recovery, Goldman Sachs, Bank of America Earnings
Euro Analysis ECB to finally achieve lift-off, Nord Stream maintenance ends and Italy PM resignation BTP/BUND spreads widen before immediately pulling back – volatility raised… Read More »ECB Lift-Off, CPI and Bond Market Jitters
GBP/USD – Prices, Charts, and Analysis Cable back above 1.1900 on US dollar weakness. UK jobs, inflation data, and politics will guide Sterling later this… Read More »British Pound Latest – GBP/USD Grabs a Bid as the US Dollar Wilts
BRENT CRUDE OIL (LCOc1) TALKING POINTS Bidens leaves Middle East without increased supply result. Russia’s political situation could see Nord Stream pipeline remain closed come… Read More »Brent Propped Up by Uneventful Biden Trip and Uncertainty Around Nord Stream
British Pound, GBP/USD, US Dollar, Hang Seng, Crude Oil – Talking Points The British Pound was supported today ahead of CPI data tomorrow APAC equities… Read More »British Pound Gains Ground Amid Rosy Outlook Ahead of CPI. Will USD Dominate Again?
Australian Dollar, AUD/USD, NZ Inflation, China, Covid – Talking Points New Zealand’s second-quarter inflation rises 7.3%, beating expectations China reports a rising number of Covid… Read More »AUD/USD at Key Technical Level as APAC Trading Kicks Off
Global financial markets came under pressure last week as recession fears permeated market sentiment, dragging on stock indexes, commodities, and risk-sensitive currencies. The closely-watched 10-Year/2-Year… Read More »Dow Jones, US Dollar, Euro, Japanese Yen, Crude Oil, Inflation, ECB, BoJ
USD/CAD Analysis Hawkish Fed re-pricing weighs on CAD. Demand destruction leaves crude oil muted. USD/CAD Fundamental Backdrop USD/CAD had a rollercoaster week after the Bank… Read More »CAD at the Behest of Crude Oil and Rampant U.S. Dollar
Japanese Yen Fundamental Forecast: Bearish Japanese Yen remains vulnerable to a dovish BoJ Local CPI likely to clock in above their price target Central bank’s… Read More »Will a Dovish BoJ Keep USD/JPY Rising? CPI in Focus Too
EUR/USD Price, Chart, and Analysis ECB rate hike and anti-fragmentation tool details are expected. Italian political instability and Nord Stream re-opening fears. The European Central… Read More »Euro (EUR/USD) Forecast – It is Time for the ECB to Grasp the Nettle
US Dollar Fundamental Forecast: Bullish The US Dollar climbed after Fed rate hike bets increased on strong CPI numbers Japanese Yen weakness likely to continue… Read More »DXY Set for More Gains on Ailing Euro, Yen
Bitcoin (BTC) Fundamental Outlook: Neutral Bitcoin Holds Steady Despite Recession Risks Recession risks remain elevated after US CPI (Consumer Price Index) data for June surpassed… Read More »Bitcoin (BTC/USD) Resilience Holds After Another Big Week For USD
Australian Dollar Talking Points AUD/USD trades to a fresh yearly low (0.6681) in July as a growing number of Federal Reserve officials show a greater… Read More »AUD/USD Rate Rebound Susceptible to Preset Path for RBA Policy
Last month the European Central Bank (ECB) confirmed its intentions to raise rates by 25bp at the next monetary policy meeting, scheduled for July 21st.… Read More »Euro Weakness: Lagarde’s Test
Pound Sterling Weekly Fundamental Forecast: Mixed Race for Prime Minister hots up alongside UK summer temperatures Event Risk for the Week: UK unemployment, CPI Inflation… Read More »PM Race Hots up in Time for Heatwave
Earnings season can be a great time for a trader to get insight on their equity investments, as well as benefit from short-term volatility. But… Read More »3 Steps for Using Earnings Reports
Consumer Sentiment, US Dollar – Talking Points Univ. Of Michigan Sentiment Jul P: 51.1 (est 50.0; prev 50.0) Inflation and growth concerns continue to weigh… Read More »US Consumer Sentiment Rises in June Despite Persistent Inflation, Growth Fears
DAX 40:Higher as Global Sentiment Improves. FTSE 100:Gains as UK Earnings Filters Through. DOW JONES:Cautiously Higher as Bank Earnings Continue. What is Earnings Season and… Read More »DAX, DOW and FTSE Bounce as Investors Temper Fed Bets
Talking Points: This morning brings the release of US retail sales data for the month of June. The retail sales report is usually the earliest… Read More »June Retail Sales at 1% v/s .8% Expected, May Revised Higher
Australian Dollar Analysis and Talking Points Australian Dollar following risk appetite Modest AUD retracement, however, US will dictate the near-term direction AUSTRALIAN DOLLAR FOLLOWING RISK… Read More »AUD/USD Retracement Stalls at Resistance