Crude Oil Slips to Start the Week Ahead of RBA, Fed and BoE Rate Decisions
Crude oil is on the back foot as the US Dollar ticked higher today and growth concerns re-emerge on Chinese and Japanese data. Will OPEC+ cuts re-ignite WTI? Read More
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Crude oil is on the back foot as the US Dollar ticked higher today and growth concerns re-emerge on Chinese and Japanese data. Will OPEC+ cuts re-ignite WTI? Read More
The Japanese Yen edged lower against the US Dollar on mixed retail sales and industrial production data, while Chinese PMI disappointed. Will a higher USD/JPY lift USD/CNY? Read More
The Australian Dollar advanced against the US Dollar last week, but a drop in iron ore and copper prices held AUD/USD back. China’s October manufacturing PMI data could set the tone for the Australian Dollar. Read More
Dow Jones futures surged higher this past week as the Nasdaq 100 followed. Another busy week is in store for markets. The US Dollar, Australian Dollar and British Pound are eyeing the Fed, RBA and BoE, respectively. What else is due? Read More
This week’s Q3 earnings releases roiled equity market sentiment with high-profile names Amazon and Meta, in particular, hitting the Nasdaq hard. Read More
Teaser: USD/CAD fundamentals are somewhat mixed ahead of next week’s FOMC meet while technical factors imply upside potential. Read More
EUR/USD may struggle to retain the advance from the monthly low (0.9632) as the Federal Reserve is expected to implement another 75bp rate hike. Read More
Gold prices could recover in the near term if the Federal Reserve embraces a less hawkish posture and signals that it will raises rates less forcefully in the future amid growing economic risks. Read More
The US Dollar faces another 75-basis point rate hike from the Federal Reserve in the week ahead. Lately, more attention has been placed on a moderating central bank. Will NFPs support that? Read More
The Australian Dollar has found higher ground over the past week on a strong CPI read and a weaker US Dollar while the RBA rate decision lies ahead. Will it boost AUD/USD? Read More