Interest futures edged higher on Friday as optimism built about likely trade talks between China and the US. The rebound followed declines in the previous two sessions after downbeat US economic data. Meanwhile, market participants eagerly await the US nonfarm payrolls report for clues on Fed rate cuts. On Friday, China said it was considering Read More…
Oil prices continued falling on Thursday after ending the worst month in over three years. The recent decline came as market participants worried about oversupply as OPEC+ unwinds its output cuts. At the same time, Trump’s tariffs and the subsequent trade wars have dimmed the outlook for oil demand. Oil collapsed on Wednesday after Saudi Read More…
Overview Technical Analysis Price Structure: Macro & Fundamental Drivers Key Economic & Geopolitical Factors Affecting the Dollar Recession Signals Mounting: Federal Reserve Policy Outlook: U.S. Fiscal Policy Risks: Global Central Banks: Risk Sentiment Shift: Comparative Currency View (Short-Term Bias) Currency Current Bias vs USD Rationale EUR Bullish ECB staying firm, EURUSD breakout underway JPY Mixed Read More…
Gold prices extended losses on Wednesday as risk appetite improved and demand for safe-haven assets dropped. The yellow metal fell about 1% on Tuesday after Trump put in place measures to ease the impact of ongoing automobile tariffs. At the same time, trade tensions between China and the US continued easing, weighing on gold. Gold Read More…
Recap from April 14 Outlook: In the last analysis, CL had just bounced from key support in the $57–$58 zone and was testing the underside of its former value area (~$66), attempting to confirm a higher low. We concluded that if CL couldn’t reclaim and hold above the 50-day SMA and resistance box, a return Read More…
Equities had a mixed start to the week, with the S&P 500 rising while the Nasdaq fell. Nevertheless, stocks ended higher last week as risk appetite improved on easing trade tensions between China and the US. At the same time, better-than-expected earnings boosted investor sentiment. Nasdaq-100 index daily performance (Source: Bloomberg) Trading was thin on Read More…
