Fundamental Analysis

Equities Crash Drives Dollar Gains. What to Expect From EURUSD This Week?

Amini-collapse in oil on a negative OPEC+ output decision triggered correctionin European equities and US equity futures. Rotation from stocks to bondsgathers pace as can be seen from the rapidly...

Precious Metals Monday 19-07-2021

GoldGold prices have started the week under heavy selling pressure as the surge higher in the US Dollar weighs on sentiment. Traders have been offering gold across the European morning. The US Dollar...

Key Economic Events and Reports for the Week Ahead

The main event next week will undoubtedly be the ECB meeting, which is due on Thursday. The EU hasn’t seen strong inflationary pressures as in the US in recent months, so the ECB has less need to take...

BoFA: Risk-taking Outweighs Fears of Overbought in the US, Japan Equities

Investor demand for equity extended its unabated growth over the past week with capital flows in the US and Japan accelerating to multi-week highs on investments in fixed-income funds, BofA reported...

Retail Sales are Unlikely to Surprise as June CPI Report Reveals Demand Pressures

The Dollar trades moderately positive against major currencieson Friday with the exception of the New Zealand dollar, where strongfundamentals pushed the currency sharply higher. US retail sales...

JPY Under Pressure As BOJ Cuts GDP Forecasts

Growth Forecasts Cut The Japanese Yen has come under a little selling pressure across the European morning on Friday following the July BOJ meeting overnight. The meeting was largely muted with the...

FOMO Friday: Crude Collapses 6%

Oil ReversesAnother week draws to a close and its been a much quieter week for traders, a glimpse of the duller summer sessions to come perhaps. However, despite the lack of any explosive moves, there...

June CPI Report Didn’t Impress Powell Leaving USD Without Support

Powell’s cautious comments yesterday curbed USD gains and should support currencies which offer high interest rates as their appeal also depends on how long the US interest rate will stay low. Growth...

BOC Cuts QE Further But Reduces Growth Forecasts

Rates On Hold, QE Cut FurtherThe July Bank of Canada meeting held yesterday saw the central bank striking an optimistic tone on the economy. In line with expectations, the BOC further reduced its...