• June 20, 2023
  • Market News
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US Crude Up After China Rate Cut, But Has The PBOC Done Enough?

Oil prices have seen some gains after the Chinese central bank trimmed lending rates, but energy demand worries will remain...
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  • June 20, 2023
  • Market News
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US Markets Return to Action, Dow Futures Rise, Nasdaq 100 Trades Sideways, CAC 40 Gains

​​The return of US markets has seen some buying activity this morning, lifting the CAC40 and Dow off their overnight low while the Nasdaq 100 continues to consolidate. ​...
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  • June 20, 2023
  • Market News
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AUD/USD Price Forecast: Aussie Sinks on Lackluster RBA and Chinese Rates

AUD/USD is trading 0.6% lower as the European session begins after RBA minutes and China’s LPR cuts did little to support he Aussie dollar....
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  • June 20, 2023
  • Market News
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Gold Price Treads Water as US Dollar Steadies and GBP Rolls Over Ahead of BoE

The gold price slipped today as Treasury yields rose to augment the US Dollar and ahead of Fed Chair Powel’s testimony tomorrow while the BoE has its work cut out for them. Lower XAU/USD?...
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  • June 20, 2023
  • Market News
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More Signs of Natural Gas in Bottoming Process; Sentiment Points to Upside in Crude Oil

Crude oil and natural gas trends appear to be converging. Sentiment in crude oil is quite bullish, raising the prospect of some gains in price. In contrast, natural gas appears to be flexing muscles after months of weakness....
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  • June 20, 2023
  • Market News
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Asia Day Ahead: Mixed Open in Asia; RBA minutes, China’s LPR in Focus

The US markets will be back online today to set a clearer backdrop for the risk environment....
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  • June 20, 2023
  • Market News
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EUR/USD Outlook: ECB Hawks Welcome Further Hikes but for How Long?

Central bankers have had their say on the likelihood of further hikes but ECB Chief Economist refuses to look past a July hike, stating a preference for data dependency...
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  • June 19, 2023
  • Market News
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USD/ZAR: Price Forecast: Rand Rally Possibly Fading

USD/ZAR faces a quiet trading day today as US markets are closed. Rand traders now keep close eyes on the upcoming SA CPI print on Wednesday....
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  • June 19, 2023
  • Market News
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GBPUSD Lower But Well Supported As Markets Expect BoE Hike

The Pound has struggled to make further gains after soaring last week, but is showing no sign of reversal....
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  • June 19, 2023
  • Market News
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Oil Price Forecast: WTI and Brent Face Challenges as Chinese Economy Remains in Focus

Oil prices eye further gains as market participants weigh up potential stimulus from the PBoC. Can oil prices ignore the noise and tick higher?...
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