WTI Oil Price Forecast: Eyeing Potential Bounce Off 50-Day MA
WTI Oil failed to capitalize on upgraded forecasts by OPEC+. Inventory concerns and dollar strength continue to weigh on a potential recovery. Read More
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WTI Oil failed to capitalize on upgraded forecasts by OPEC+. Inventory concerns and dollar strength continue to weigh on a potential recovery. Read More
The Japanese Yen has lost ground against the US Dollar this week amidst the appointment of new Bank of Japan Governor Kazuo Ueda. Will his policies drive USD/JPY higher? Read More
The US Dollar ascendency got back on track after inflation gauges popped higher and the focus moved to the Federal Reserve with more hikes coming. Will USD trend north? Read More
The US CPI generated significant volatility for benchmarks like the Dow Jones Industrial Average this past session, but the important inflation indicator wouldn’t clarify the market’s direction. That isn’t uncommon for the index. What has followed the immediate reaction to this event in the past? Read More
This week’s most highly-anticipated event risk has passed, and in its wake we are left with higher rate Fed expectations, an uncertain Dollar outlook and a drop in expected volatility. Has the market decided to suppress fundamental concerns or is the fuse already lit? Read More
The January UK CPI report will steal the limelight on Wednesday as traders will try to assess whether the inflation outlook could force the Bank of England to reconsider its dovish stance. Read More
US CPI came in hotter than forecasts suggested but has not triggered the conventional market reaction via the DXY and SPX indexes respectively. Read More
S&P 500, Nasdaq and Dow Jones futures ease after US CPI rattles stocks. Read More
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