RBA & RBNZ: Policy Divergence Down Under
Summary The Reserve Bank of Australia (RBA) paused its monetary tightening in April, holding its […]
Caixin Services Beats Expectations; Shanghai Composite and Hang Seng to Gain??
Stronger-than-expected services activity data bodes well for China’s growth outlook as the Shanghai Composite index […]
Crude Oil Slides as US Data Underwhelms Pushing Yields Lower. Lower WTI?
The crude oil price slipped again today as markets digest the implications of US data […]
Economic Woes Aid Japanese Yen; More Downside in USD/JPY, AUD/JPY, EUR/JPY?
The Japanese yen could maintain a firm tone against the US dollar and some of […]
Nasdaq 100 Dips as Soft ISM Services Data Fuels Economic Woes, Will Support Hold?
The tech-heavy Nasdaq 100 underperformed on Wednesday as soft US ISM Services data fueled economic […]
Gold Price Glistens as the US Dollar and Treasury Yield Slide. Where to for XAU/USD?
The gold price made new highs today after the US Dollar and Treasury yields descended […]
Euro Technical Outlook – Trends and Ranges Remain. Where to for EUR/USD and EURJPY?
The Euro appears to be ensconced in a trend against the US Dollar but potentially […]
Natural Gas Prices Continue Stabilizing, But Wedge Breakout Struggles to Materialize
Natural gas prices are stabilizing above February lows, with downside momentum fading. The breakout above […]
German DAX and UK FTSE Price Action: Is DAX Turning Bullish? Dead-Cat Bounce in FTSE?
The strong rebound in the German DAX and the UK FTSE 100 index may have […]
Gold Jumps After ISM Data; Can it Rise Above the Key $2000 Level?
Gold is once again flirting with the psychological 2000-mark following dismal US factory data. What […]
Dow Jones, S&P 500 Outlook: Retail Traders Boost Downside Exposure on Wall Street
Retail traders continue increasing downside exposure on Wall Street, opening the door to further gains […]
US Dollar Slide Fast Approaching Pivotal Support Zone After ISM Manufacturing Miss
The US Dollar continued its slide, with disappointing ISM Manufacturing amplifying its selloff. This means […]