• March 21, 2023
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Gold Price Gallops North on Weaker US Dollar Ahead of Fed. Where to for XAU/USD?

The gold price stormed higher yesterday as the Credit Suisse debacle continues to play out while the US Dollar seems susceptible ahead of the Fed decision. Will a hike turn XAU/USD around?...
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  • March 21, 2023
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Dow Jones, S&P 500 Gain as Bank Sector Volatility Cools Ahead of the Fed

The Dow Jones and S&P 500 gained as bank sector volatility cooled, causing traders to firm Fed rate hike bets for Wednesday. The Nasdaq/Dow ratio plunged the most since SVB’s collapse....
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  • March 21, 2023
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Fed Preview: US Dollar and S&P 500 Could Take Diverging Paths After FOMC Decision

The Fed will announce its policy decision on Wednesday. Markets expect the FOMC to raise rates by 25 bp to 4.75%-5.50%, though a pause in the hiking cycle should not be entirely ruled out....
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  • March 21, 2023
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Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?

Gold prices lose upward momentum after failing to break above the psychological $2,000 level decisively but maintain a bullish technical outlook....
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  • March 21, 2023
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FTSE Price Forecast: UK Stocks Rally as Markets Contemplate Overreaction

The prior resilience of the FTSE 100 index appears at risk as the very exposure to financials and energy that held it in good stead adds to its new-found fragility...
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  • March 20, 2023
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Oil Price Update: WTI and Brent Remain Under Pressure as Recessionary Fears Weigh

Oil prices continued their decline in the European session before bouncing ahead of the US open. Given the recessionary fears engulfing markets will we see a sustainable upside push for Oil prices?...
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  • March 20, 2023
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USD/JPY Grinds Lower as Fear Overshadows UBS/Credit Suisse Deal

USD/JPY has continued to decline as mounting fears of further contagion throughout the banking sector weigh on the Dollar, boosting the safe-haven appeal of the Yen....
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  • March 20, 2023
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EURUSD Wilts As Bank-Sector Woes Hit Risk Appetite Once Again

EUR/USD didn’t enjoy much of a lasting boost from last week’s interest rate rise as the financial sector’s worries take center stage again...
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  • March 20, 2023
  • Market News
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UBS Rescues Credit Suisse, Fed Increases Dollar Liquidity , Gold Hits a One-Year High

In a deal brokered by the Swiss Government, UBS has bought troubled rival Credit Suisse in a deal worth just over three billion US dollars....
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  • March 20, 2023
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Markets Week Ahead: Dow Jones, Nasdaq 100, Gold, US Dollar, Crude Oil, Fed, Powell

The Dow Jones greatly underperformed the Nasdaq as traders flocked to tech stocks in anticipation of aggressive rate cuts from the Federal Reserve later this year after SVB’s collapse. All eyes turn to the central bank and Jerome Powell’s press conference on Wednesday....
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