Crude oil prices consolidated into Tuesday as markets digest data ahead of monetary policy meetings from the Federal Reserve and the ECB. If both banks tighten, will WTI go lower? Read More
The Australian Dollar shot higher after the RBA raised the cash rate to 3.85%, surprising markets. The bank cited inflation as being too high. If they hike again, will AUD/USD go higher? Read More
GBP/USD is relatively muted against its more macro influenced counterparts this week as the pair prepares for the Fed tomorrow. Pound continues to hover around 1.25. Read More
Euro Area annual inflation rate ticked higher April missing estimates by 0.1% as the Core print ticked lower. Following the data and the ECB Bank Lending Survey, is a 25bps hike from the ECB now a certainty on Thursday? Read More
Gold prices lose upward momentum after failing to break above the psychological $2,000 level decisively but maintain a bullish technical outlook. Read More
The Fed will announce its policy decision on Wednesday. Markets expect the FOMC to raise rates by 25 bp to 4.75%-5.50%, though a pause in the hiking cycle should not be entirely ruled out. Read More
The Dow Jones and S&P 500 gained as bank sector volatility cooled, causing traders to firm Fed rate hike bets for Wednesday. The Nasdaq/Dow ratio plunged the most since SVB’s collapse. Read More
The gold price stormed higher yesterday as the Credit Suisse debacle continues to play out while the US Dollar seems susceptible ahead of the Fed decision. Will a hike turn XAU/USD around? Read More
The crude oil price slid lower again today as markets digest the measures being taken by regulators to tackle the evolving banking crisis. If the Fed hikes on Wednesday, where will WTI go? Read More
The Reserve Bank of Australia’s minutes of the March meeting revealed discussions on a pause in interest rates to be discussed in April. AUD/USD trades lower Read More