MARKET NEWS
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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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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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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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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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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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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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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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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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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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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