WTI Oil: Rising Geopolitical Risk Premiums and China Stimulus May Have Created a Medium-Term Floor at US$67.55-65.70
The recent sell-off of 18% in WTI crude oil since August has stalled. An increase […]
Crypto Market Still Falling, But Bitcoin Already Stabilised
Market picture The crypto market lost another 1.44% of its capitalisation in 24 hours to […]
GBP/USD Outlook: Cable Falls to Three Week Low on Dovish Steer in Rate Outlook
Cable remains firmly in red and accelerated lower on Thursday morning, falling over 1% for […]
NZD/USD Dips as Market Anticipates RBNZ Rate Cut
The NZD/USD pair continues its downward trend, dropping to 0.6240 in its third consecutive session […]
Eurozone PPI rises 0.6% mom in August, energy prices drive monthly increase
Eurozone PPI rose by 0.6% mom in August, exceeding expectations of 0.3% mom. On a […]
UK PMI services finalized at 52.4, optimism remains amid cooling inflation
UK PMI Services was finalized at 52.4 in September, down from August’s 53.7, while PMI […]
Eurozone PMI composite finalized at 49.6, all big three economies in contraction
Eurozone PMI Services was finalized at 51.4 in September, down from August’s 52.9. PMI Composite […]
NZDUSD Retreats Below Short-Term Uptrend Line
NZDUSD pulls back from its 15-month top Stochastic tumbles to oversold region RSI falls near […]
September CPI Preview: Sticky-Looking Core to Be Temporary
Summary The overall progress in reining in decades-high inflation should be on display with the […]
Is China Circumventing U.S. Tariffs?
Summary We have written extensively about the deterioration in the trade relationship between the U.S. […]
China – Lift to GDP Forecast After Leaders Draw Line in the Sand
Following the big stimulus and clear growth message from Chinese leaders, we revise up our […]
US initial jobless claims rises to 225k, vs exp 220k
US initial jobless claims rose 6k to 225k in the week ending September 28, above […]