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Analysis
Brent Oil Price is Declining Again
The commodity market started the week with a new wave of selloffs. The price of a barrel of Brent crude decreased to 80.65 USD.
RoboForex
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599 days ago
The Trading Week Ahead
Recapping the notable event from last week, the Federal Reserve's panel of questions provided insights into monetary policy. Looking forward, this week remains relatively quiet on the economic news front. The main highlight starts on Wednesday, with the US CPI release.
ACY Securities
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599 days ago
JPY Approaching New Lows as Extra Budget Approved
The USD/JPY rate is hovering close to recent highs, despite a correction prompted by weak US data and lower yields. Following last week's across-the-board weakness in the US dollar due to a disappointing jobs report, this week witnessed a reversal, with all G10 currencies showing weakness.
ACY Securities
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599 days ago
An In-Depth Analysis on GBP – All You Need to Know
In 2023, a significant aspect of my GBP narrative has been the elimination of idiosyncratic risks, signalling that the lows in GBP have stabilized. However, the focus on removing negative news rather than incorporating positive developments suggests a limitation on potential GBP rallies.
ACY Securities
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599 days ago
Daily Global Market Update
Oil surged 2.2%, Aussie dollar gained 0.1%, euro held steady, and dollar-yen trended sideways. Fed rate cut expectations shifted to June. Honda's profits rose 34%. Upcoming economic releases include UK's CFTC GBNC Net Positions, Portuguese CPI, Germany's Current Account, US 3-Month Bill Auction, UK's Rightmove House Price Index, and Japan's CFTC JPY NC Net Positions.
Moneta Markets
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599 days ago
AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, & S&P 500
Watch the video for the key trading levels for AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, and S&P 500.
ACY Securities
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602 days ago
Weekly Market Wrap - EURUSD, GBPUSD, AUDUSD and United Kingdom GDP Tonight!
A quick recap of the week's events reveals some interesting market movements. Initial jobless claims came in slightly higher than anticipated, suggesting potential headwinds for inflation in the coming months. Remember, fewer people working can lead to reduced spending and economic activity, impacting key indicators like PMIs.
ACY Securities
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602 days ago
ECB's Dilemma and AUD's Potential Amidst Challenges
In the wake of the European Central Bank's decision to maintain its policy rates in October, there has been a discernible surge in the Eurozone rates markets.
ACY Securities
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602 days ago
FX Market Impact From Falling Price of Oil & Pullback for US Yields
Will lower US yields prompt a hawkish shift from the Fed? Overnight, the foreign exchange rates have found stability, with EUR/USD hovering just above the 1.066 level and USD/JPY slightly above the 151.00 mark.
ACY Securities
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602 days ago
Daily Global Market Update
British pound down 0.5%, Bitcoin up 2.7%, stable oil prices, Aussie drops 0.6%. Cryptos volatile, European markets up. US: Michigan Consumer Sentiment, Baker Hughes Oil Rig Count. Finland: Current Account, Industrial Output. UK: GDP, Industrial Production.
Moneta Markets
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602 days ago
Nasdaq100 set for further gains, confounding early sceptics
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Nasdaq100 set for further gains, confounding early sceptics
FxPro
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602 days ago
Continued Worries About Oil Prices and Supply
Oil prices fell 4% on mixed Chinese data and OPEC exports US CPI rose 0.4%, potentially impacting Fed policy. Japan's GDP fell 1.2% due to sluggish consumption and exports. UK inflation at 6.7%, driven by fuel prices, may not quickly reach the Bank of England's target. US PPI increased 0.5%, indicating possible inflation and interest rate concerns.
PU Prime
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603 days ago
Bitcoin is tired of consolidation
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin is tired of consolidation
FxPro
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603 days ago
Fed’s Pause Impact on US Economy
Luca Santos from ACY, evaluates the current status of the US Federal Reserve's actions and speculates about future potential moves. Luca comments on the recent well-anticipated pause from the Fed, stating that the market didn't react much.
ACY Securities
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603 days ago
BOE’s Pill Prompts Rate Adjustment Without Much FX Impact
The three-month SONIA futures experienced a robust increase of approximately 10 basis points yesterday. This surge came in the wake of remarks made by the Chief Economist of the Bank of England, Huw Pill, on Monday evening. These comments have fuelled growing speculation that the Bank of England may reduce its primary interest rate by the middle of the next year.
ACY Securities
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603 days ago
The Global Composite PMI Fell to 50.0 in October, Suggesting No Growth…
In October, there was a lacklustre global demand. The global composite PMI declined from 50.5 in September to 50.0 in October, indicating a stagnation in global economic activity. New orders and new export orders in the manufacturing sector continued to show weak demand worldwide.
ACY Securities
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603 days ago
Daily Global Market Update
Euro rose 0.1% against the Dollar; Dollar gained 0.3% on Yen. Gold fell 0.9% vs. Dollar. Apple's stock increased by 0.3%. Dollar strengthened, US stocks rose, German economy expected to shrink by 0.4% in 2023. Upcoming: Japan's Eco Watchers Survey, Irish CPI, US Jobless Claims, Eurozone's ECOFIN Meeting, UK's RICS Housing Price Balance.
Moneta Markets
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603 days ago
All Eyes on Jerome Powell’s Speech
The VIX index, a key measure of fear in the U.S. equity market, plummeted by over 20% in November, indicating a rising risk-on sentiment among investors. However, market activity remained subdued recently as investors eagerly anticipated Jerome Powell's speech scheduled for later today
PU Prime
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603 days ago
Beautiful technical reversal of the pound
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Beautiful technical reversal of the pound
FxPro
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603 days ago
Trade The Plan like Australian Cricket Star Glenn Maxwell Plays To His plan!
Join Nathan Bray, ACY Securities Trading Mentor, as he delves into the world of trading with a focus on sticking to your plan. In this insightful video, Nathan emphasises the importance of having a clear trading strategy and executing it with discipline.
ACY Securities
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603 days ago