Oil Weekly Update: Energy markets on hold as US-Russia talks near
Technical Analysis of Oil WTI Chart – Bears remain in control yet US-Russia talks could induce shift in dynamic Albeit the waning bearish pressure, WTI futures failed to find support around the $64.60 area and headed further south to an area last visited at the start of June of 2025, prior to the flare up […]
Growth in the UK exceeds expectations
Investors apprehended the latest round of GDP data from the UK for the second quarter of 2025 with hopefulness, contributing to extension of the Sterling into 5-week highs. The British economy grew by three tenths of a percent (0.3%) in the second quarter, above market expectations for a mere 0.1% rise, but results were below […]
German inflation stuck at 2%, DAX futures snap losses
Inflation in Germany steadied at the 2% level according to the latest CPI update and held at its lowest levels in eight months as falling energy and services costs outweighed the marginal increases of broader food costs. Given that price pressures in Europe’s largest economy revolve around the ECB’s 2% inflation target, calls from money […]
Will July’s CPI showcase the much-desired cooldown markets seek for?
Markets are increasingly growing anxious as to when will the harsh, “reciprocal” tariffs imposed by the Trump administration will strike the US consumer and inflate prices and consequently, how will the Federal Reserve respond with to such developments, in regards with their policy decisions. So far, inflation in the US remained in stagflation mode and […]
Gold’s Weekly Update: Gold maintains a sideways motion
Gold maintained a sideways motion since our last report. In today’s report we are to discuss the validity of the negative correlation of gold with the USD, fundamental issues possibly affecting gold’s price but also financial releases that could have some repercussions on the precious metal. We make a start by noting the following: Gold […]
Week Ahead Schedule
Since there are scarcity economic news releases during today’s session, we decided to outline the most important releases for this week: Tuesday: We kick off the week with the Reserve Bank of Australia’s interest rate decision, early in the Asian session, the United Kingdom’s latest labour market update, OPEC’s monthly report and possibly the main […]
Precious metals on track to clock in strong weekly gains
Both gold and silver managed to capitalize on the shortcomings of the greenback this week, which came under pressure from weaker than anticipated US labour market data, upwardly revised odds for rate cuts by the Federal Reserve, Trump’s sweeping retaliatory tariffs, broader trade tensions, but also China’s extended gold buying streak. Another catalyst that boosted […]
Oil Weekly Update: WTI temporarily snaps 5-day losing streak
Technical Analysis of Oil WTI Chart – Volatility around crude futures fade away, the commodity conducts balancing act near $65 per barrel area Another week goes by and WTI futures continue to gyrate aimlessly between the $64.50 (S1) and $68.50 (R1) per bounds, despite the 5-day losing streak, as traders scavenge for data to help […]
Bank of England seen slashing rates for the 5thconsecutive meeting
Markets participants will inadvertently focus their attention on the upcoming BoE’s interest rate decision later on today to get a grasp on how the monetary policy committee will decide to move forward with its policy plans and hence gauge the direction of the sterling in the foreseeable future. Wider market expectations point towards a 5th […]
Novo Nordisk’s slump deepens
The European pharmaceutical giant, Novo Nordisk, continues to experience sequential waves of outflows, as investors remain convinced that the company is losing the obesity drug race against its competitors but also the pileup of misleading marketing lawsuits against it, do no favours either. Since July of 2024, the shares of the drugmaker lost more than […]
Palantir extends its blistering rally
The AI software company, Palantir, smashed its second-quarter earnings expectations yesterday and raised its outlook on robust demand for its AI Platform. Ahead of earnings, investors held bullish expectations and the company more than delivered, reporting a recordbreaking quarterly revenue, exceeding the $1billion mark for the first time in its history and an impressive yearover-year […]
Gold’s Weekly Update: Gold remains in a tight rangebound motion
Gold’s price maintained its sideways motion since our last report, yet the precious metal’s behavior tends to imply a wait and see position on behalf of the market as a number of issues is tantalizing the market. On a fundamental level we note the following: Gold technical analysis Gold’s price was on the rise on […]
US equities plunge after jobs-driven selloff
US stock markets indices were quickly on the retreat on Friday, recording their second consecutive session deep in the reds as investors got spooked from latest round of jobs data from the United States. All three major equity averages fell by more than 2% and snapped their waning, record breaking rally as July’s weaker than […]
US Payrolls data looms, market expects 110k new jobs
The attention of the market will inevitably gyrate around the latest round of jobs data from the United States for the month of July, as the assessments from Federal Reserve officials appear to be largely based on the strength of the labour market, rather than inflation. Evidently, the core PCE, the Fed’s favourite inflation metric, […]
Microsoft and Meta outperformed, now eyes fall on Apple & Amazon
Yesterday, two tech heavyweights, Microsoft and Meta Platforms outright obliterated Wall Street analysts’ expectations and raised the bar higher yet again, injecting at the same time, a fresh shot of rejuvenated optimism in the recently stalling US equity markets, leading them to fresh record highs. Microsoft’s superlative growth stemmed primarily from the outperformance of its […]
Fed decision day is upon us
Without a shadow of a doubt, the main focus of today’s session is the Federal Reserve’s policy rate decision for the month of July alongside the bank’s forward guidance, which will supplement market participants with more information as to what could come next. Recently, President Trump continued his barrage of attacks, overtly exerting pressure on […]
Swath of economic data gets brought to the forefront
As we veer closer to Trump’s August 1st deadline, markets to their surprise, do not, repeatedly encounter signs of blatant acts of trade aggression, as they once feared, but rather necessary compromises or inevitable retreats, which nevertheless tame worries. The case can thus be made for the US preliminarily “winning” the trade wars and achieving […]
Gold’s Weekly Update: Gold’s sideways motion maintained
Gold’s price remained in a sideways motion since our last report. Today we are to take a look at key issues that could possibly affect gold’s price, including the negative correlation of the USD and gold. We are to conclude the report with a technical analysis of gold’s daily chart. We make a start with […]
Transatlantic trade war fears fizzle out, as EU-US reach trade deal
The Unites States and its ally across the pond, the European Union, have reportedly reached a trade agreement ahead of the August 1st deadline and market participants exhaled with a sigh of relief, as a deeper trade war has been averted. The key features of the report entail that the US import levy will be […]
Alphabet’s earnings beat lifts the S&P500 to fresh record highs
Equity traders apprehended the lasted round of earnings from the tech juggernaut, Google, with optimism and the S&P500 extended its rise as a consequence, capturing fresh historic highs. Alphabet’s second quarter earnings data underscored the company’s strong financial health yet again but further broadcasted that the tech giant safeguards its position as a leader in […]