Gold Sets Up for Breakout, 1850 Awaits
Gold Talking Points: Gold prices are fast approaching last week’s high and if bulls can force a break, we will be looking at fresh five-month-highs… Read More »Gold Sets Up for Breakout, 1850 Awaits
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EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged
BRENT CRUDE OIL (LCOc1) TALKING POINTS $60 per barrel has been set in motion this Monday by G7. OPEC+ decides not to alter output targets.… Read More »EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged
DAX and FTSE Struggle as Hawkish Fed Chorus Sets Stage for Fed Chair Powell
DAX 40: Retreats as Energy Prices Continue to Soar, Sentiment Among Exporters Falls. FTSE 100: Lower as Banking and Commodity Sector Limit Losses. DAX 40:… Read More »DAX and FTSE Struggle as Hawkish Fed Chorus Sets Stage for Fed Chair Powell
API Data Sets up Brent Crude Ahead of EIA and FOMC
BRENT CRUDE OIL (LCOc1) TALKING POINTS Grim global outlook weighs on brent. U.S. economic data in focus later today. Brent crude trading at key area… Read More »API Data Sets up Brent Crude Ahead of EIA and FOMC
NFP Beat Sets Up GBP for Further Downside
POUND STERLING TALKING POINTS UK politics bring brief relief for GBP. Spotlight on UK GDP and U.S. CPI next week. Price action favors downside bias.… Read More »NFP Beat Sets Up GBP for Further Downside