REAL TIME NEWS
Loading...

Fundamental Analysis

EURUSD Testing Support Following Fresh CPI Fall

Eurozone Inflation Falls AgainThe Euro has come under fresh selling pressure today on the back of yesterday’s data. Headline eurozone CPI was seen dropping to 2.9% last month, down from 4.3% prior and...

Oil Breaks Below Key Support - What Next?

Crude Drops on Shifting Middle East FocusCrude oil prices have fallen back below the key 82.59 level this week. The move lower appears to be in line with the prevailing market view that the...

GBP Rallying Ahead of Thursday BOE Meeting

Shop Prices Fall in OctoberThere was better news for UK households today with the latest UK BRC retail monitor showing shop prices fell again last month. Retail prices dropped from 6.2% to 5.2% in...

Copper Struggling As Chinese Manufacturing PMI Tumbles

China Manufacturing PMI FallsCopper prices are in the green today but are struggling to break back above local resistance on the back of weaker-than-forecast Chinese manufacturing data overnight. The...

JPY Sinks As BOJ Holds Steady

Small Tweaks From BOJThe Japanese Yen hit its lowest level against EUR today for the first time since 2008. The fresh rally in EURJPY comes in response to the latest BOJ meeting overnight. The bank...

Oil Sitting On Key Support - What to Watch This Week

Oil Drops Despite Middle East ConflictOil prices are coming under pressure across early trading on Monday, despite an intensification of the Israel-Hamas war. Israel stepped up its advances into Gaza...

Gold Rally Pauses, Focus Shifts to FOMC

Gold Under Pressure on MondayGold prices are slipping on Monday, putting a pause on the more than 10% rally we’ve seen in gold over the last month. The selling comes despite news of Israel stepping up...

Soft Start for USD As Traders Await FOMC

USD Pauses for NowThe US Dollar starts the week in somewhat muted fashion as traders await fresh directional catalysts. Interesting to note that the CFTC institutional positioning report shows that...

Daily Market Update: Inflation Expectations, Bond Yields, Gold, Eurozone GDP, and Dollar Outlook

US Inflation Expectations RiseThe latest report from the University of Michigan reveals a notable surge in the 1-year inflation expectations of households, jumping from the previous 3.2% to a...