The West’s united pressure-measures against Russian energy giants
Crude oil futures are on track to sustain the headway made in the prior two sessions and rebound further from 4- month lows, as the United States ramped up efforts to restrict flows of cheap Russian oil in energy markets. Washington’s renewed sanctions package now includes Lukoil and Rosneft, two of Russia’s largest energy players […]
Earnings miss drags Netflix lower
Shares of Netflix slipped by over 6% in the aftermarket hours yesterday, as the company missed Wall Street analysts’ earnings estimates by a wide margin in the third quarter of 2025, but has, broadly speaking, achieved another strong quarter of growth. More specifically the online streamer reported an adjusted EPS of $5.87, missing the $6.96 […]
Indonesia Bank Indonesia Rate came in at 4.75%, above expectations (4.5%)
Indonesia Bank Indonesia Rate came in at 4.75%, above expectations (4.5%)
GBP/JPY tumbles to near 202.00 on slower-than-expected UK inflation growth
The GBP/JPY pair is down 0.5% to near 202.00 during the European trading session on Wednesday.
USD/CAD extends losses below 1.4000 amid higher Oil prices
The US Dollar is losing ground for the second consecutive day against the Loonie, reaching lows right below 1.4000 on Wednesday’s early European session, after having peaked at 1.4080 last week.
Forex Today: Pound Sterling drops on soft UK inflation data
Here is what you need to know on Wednesday, October 22:
AUD/JPY Price Forecast: Retains positive bias above 98.50 amid fiscal expansion bets
The AUD/JPY cross extends its upside to around 98.80 during the early European session on Wednesday.
Gold drifts higher on softer US Dollar, traders await US CPI release, US-China trade talks
Gold price (XAU/USD) recovers to near $4,150 during the early European trading hours on Wednesday. The precious metal gains ground amid concerns over the impact of the US government shutdown and ongoing fears about unsustainable government debt globally.
Japanese Yen holds gains as Reuters poll suggests a BoJ rate hike by March 2026
The Japanese Yen (JPY) maintains its position against the US Dollar (USD) on Wednesday after three days of losses. The USD/JPY pair depreciated as the JPY gained ground following the release of Japan’s Merchandise Trade Balance Total data.
Safe haven assets slide on enhanced profit-taking activity
Both gold and silver futures have experienced declines, detaching from their respective record highs as investors capitalized on the overextension by taking profits. Silver has already shed 5% of its value within the past three sessions and today is down by almost another 5%, trending near the $50 per ounce level, whereas gold managed so […]
EUR/JPY Price Forecast: Hovers around 176.00 after rebounding from confluence support zone
EUR/JPY halts its four-day losing streak, trading around 176.00 during the European hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bullish bias as the currency cross is positioned within the ascending channel pattern.
USD/CAD drifts higher above 1.4050 as Canadian CPI inflation looms
The USD/CAD pair gathers strength to near 1.4060 during the early European trading hours on Tuesday.
Japanese Yen might struggle to lure buyers as change in Japan’s leadership fuels BoJ uncertainty
The Japanese Yen (JPY) trims a part of its heavy intraday losses that followed a key parliamentary vote, which confirms Sanae Takaichi to become Japan’s first female Prime Minister.
Australian Dollar remains subdued as US Dollar corrects upwards
The Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday, losing its daily gains. However, the AUD/USD pair appreciated as the AUD received support from improved market sentiment amid progress on a United States (US)-Australia trade agreement.
Gold’s Weekly Update: The bullion seeks to claim new highs after pullback
Strong demand for the shiny metal continues to roll in, pushing its price into fresh record highs week after week as investors flee towards safety amidst ongoing geopolitical turmoil. In this report we outline yet again the bullish catalysts aiding the bullion north, we draft a rough outlook on what to expect and we conclude […]
CCP to announce its fourth plenum goals
In the Great Hall of the People, the Central Committee of the Chinese communist party has set in motion the most important, four-day, political meeting of the year, dubbed the plenum, discussing and unravelling how strategic policy decisions will steer the nation’s development in the next five years. A draft of the next five-year plan, […]
Anxiousness over credit weighs on Wall Street
All three major US stock market indices steadily shed their early premarket gains yesterday and closed the session in the reds after two US regional banks disclosed loan problems involving alleged fraud, bolstering fears of broader credit market stress. Losses continue to roll in during today’s premarket session, with market participants reacting swiftly, almost identically, […]
Oil Weekly Update: Oil futures drop to 5-month lows
Technical Analysis of Oil US-China trade tensions flare up, pressuring crude oil near the $58 per barrel area. Crude futures found temporary support near the $58.00 (S1) after the bears took the initiative and pressed the commodity definitively below the $61.50, then longstanding support level, as US-China tensions flared up. Given the definitive break below […]
TSMC earnings results boost AI optimism
Tech optimism continues to outweigh trade fears and the lack of economic news releases, strengthening the bullish momentum in US equity markets, driving the indices into new highs. The AI story has been central for the Nasdaq 100 this year and the fact that companies, directly involved in development and expansion of this emergent technological […]
ASML positioned to outperform
A global rush in AI investments yielded a record net bookings for the world’s most prominent chip equipment manufacturer in the third quarter of 2025, as the sprint towards AI superiority is well underway. Albeit missing its Revenue target by €224m, the company marginally surpassed its Earnings per Share target by almost 1%. The chipmaker […]