• June 5, 2023
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Japanese Yen Week Ahead as Fed Skip Bets Grow: USD/JPY, EUR/JPY, AUD/JPY

The Japanese yen’s slide appears to be losing steam as US Federal Reserve rate hike expectations take a ‘U’-turn after dovish remarks from central bank officials. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?...
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  • June 5, 2023
  • Market News
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Crude Oil Price Jumps Again after OPEC+ Announced Production Cuts. Higher WTI?

Crude oil prices made solid gains to start the week on the back of OPEC+ reduced output targets with Saudi Arabia making the largest sacrifice in an effort to boost prices....
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  • June 5, 2023
  • Market News
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Asia Day Ahead: US debt ceiling resolution brings focus back to Fed’s rate outlook

With the US debt default crisis averted which has been largely priced by markets previously, central focus this week could be shifted back to the US Fed rate outlook....
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  • June 5, 2023
  • Market News
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Markets Week Ahead: S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China Inflation

After some key activity data and the passage of the debt ceiling bill last week, markets could be in for a relatively quieter week on the data front. With the US Federal Reserve expected to pause hiking rates, inflation moderating in recent months, and US economic growth showing signs of resilience,...
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  • June 4, 2023
  • Market News
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OPEC+ Preview: Crude Oil Prices Linger Ahead of Production Guidance

Brent crude oil prices look for directional bias from the upcoming OPEC+ meeting with the cartel grappling with many moving parts....
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  • June 4, 2023
  • Market News
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Gold Price Forecast: Dreams of Fresh Record Shattered for Now as Bears Pounce

The outlook for gold is starting to become more bearish from a fundamental standpoint, as the resilience of the U.S. economy could induce the Federal Reserve to continue raising rates later this year....
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  • June 3, 2023
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Euro Weekly Forecast: EUR/USD Ends Week with a Whimper but a Recovery Remains in Play

A rather disappointing week on the whole as EURUSD in particular struggles for direction while the Euro lost further ground to both the GBP and JPY. Given the lack of catalysts ahead, is there any reason to expect the Euro to arrest its slump?...
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  • June 3, 2023
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British Pound Week Ahead: GBP/USD, EUR/GBP and GBP/JPY Outlooks

The British Pound has enjoyed a strong week against a range of currencies, propped up by expectations that UK interest rates are going to have to go even higher....
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  • June 2, 2023
  • Market News
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Gold Price Recovery Runs Out of Steam as Red-Hot US Jobs Data Boosts Yields

Gold prices fell on Friday, weighed by rising U.S. Treasury yields as strong U.S. labor market data bolstered the case for higher-for-longer interest rates....
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  • June 2, 2023
  • Market News
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May Jobs Report: NFP Smashes Estimates as US Unemployment Rises to 7-Month High

NFP rises once more with April’s number seeing an upward revision. The unemployment rate did tick higher further complicating the job of the Federal Reserve ahead of its June meeting....
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