*Disclaimer: All our blogs are resourced from another website, which Union Traders Society provided these only for reference purpose. Therefore, readers run the risk of taking something out of context.
- August 22, 2023
- Technical Analysis
Markets Prepare for Jackson Hole
AI optimism has bolstered US equity index futures today while US Treasury yields soften...
- August 22, 2023
- Market News
Oil Price Outlook: Modest Chinese Stimulus Triggers Demand Concerns
A string of modest stimulus measures from Chinese policymakers raises doubts over oil demand from the world’s second biggest oil consumer despite so...
- August 22, 2023
- Market News
Gold (XAU/USD) Rally Gathers Pace but 200-Day MA Could Cap Gains
Spot Gold rallies back above the $1900/oz handle but the 200-day MA lies in wait. Do the Bulls have enough momentum for a break higher?...
- August 22, 2023
- Market News
Stock Indices Try to Regain Some of Last Week’s Losses
Outlook on FTSE 100, DAX 40 and S&P 500 amid S&P Global U.S. bank downgrades, U.S. long dated yields surging higher and Zoom beating est...
- August 22, 2023
- Market News
GBP Price Forecast: Potential for More Pound Strength
GBP/USD & EUR/GBP crosses could be setting up for additional pound vigor ahead of the Jackson Hole Economic Symposium....
- August 22, 2023
- Market News
Asian Indices Feel the Heat of Rising Yields: Hang Seng, Kospi, Straits Times Index Setups
The upward pressure in Asian indices appears to be fading fast amid rising global yields and a faltering post-Covid recovery in China. What is the out...
- August 22, 2023
- Market News
US Dollar Looks Tired Ahead of Jackson Hole: EUR/USD, GBP/USD, USD/JPY Price Setups
The US dollar’s rally looks tired against some of its peers ahead of the Jackson Hole Economic Symposium beginning Thursday. What is the outlook for...
- August 22, 2023
- Market News
Asia Day Ahead: Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus
The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off f...
- August 22, 2023
- Technical Analysis
Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Jul 27, 2023 when Oil – US Crude traded near 79.61.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil –...