The Dow Jones racing to new all-time highs on continued index rebalancing flowsTech earnings triggered profit-taking in the Nasdaq after months of new highs, while the Dow Jones opened strong. With the Nasdaq-to-Dow ratio near 2, flows suggest mean reversion as investors rotate into the US 30 and trim stretched tech exposure. ...
The US Dollar (DXY) pauses at 98.00 as markets await clarity – What's next?With summer trading volumes subdued and European markets quiet overnight, the Dollar Index is finding a floor near the 98.00 handle. Following a sharp July rally and August retracement, the DXY remains rangebound as traders await clarity from White House-led ...
The week ahead preview with RBNZ, Jackson Hole and oil on the radarThe week ahead brings key market drivers into focus with the RBNZ policy decision, the Fed Chair Powell's speech in the Jackson Hole symposium, and oil price developments on traders’ radars. Investors will watch whether the RBNZ signals a shift ...
EU leaders meet in the White House – Market wrap for the North American session...August 16th North-American Session Recap – After the Trump-Zelenskyy meeting, EU heads are meeting with Trump to potentially reach a Ceasefire. Another ceasefire in the Middle East might also be happening. Check up the Daily asset and FX performance, what ...
US Oil breaks out as bearish catalysts fadeGeopolitical headwinds are entering global oil markets as Russia continues flooding exports, Ukraine targets pipelines, and Middle East conflicts find potential resolutions. With EU leaders arriving in the White House to disucss the next steps of the Russia-Ukraine war, we ...
Nasdaq and tech sector open the week on cautious footingTech stocks and the Nasdaq are starting the week on a cautious note, while the Dow holds up better in futures. After weeks of outperformance, the dip in tech could be routine profit-taking—or the start of a broader shift as ...
Cryptocurrencies extend their decline from recent highsCryptos face a sharp pullback after signs of exhaustion. Bitcoin’s failure to hold its all-time high and Ethereum’s rejection near $4,870 signaled hesitancy, while altcoins showed weaker demand. With digital assets tied to risk sentiment, fresh geopolitical tensions added pressure, ...
Gold (XAU/USD) Hovers at $3350/oz, Russia-Ukraine Developments in FocusGold prices rallied from an overnight low around the $3323/oz handle to a high of $3360/oz before settling around the $3350/oz mark. The precious metal looks set to continue its choppy price action at the start of a busy week. ...
WTI Crude Technical: Bearish tone intact as Trump-Zelenskiy meeting loomsWTI crude (West Texas Oil CFD) extended its decline, sliding -3.2% to a three-month low of US$62.19 on 13 Aug and dipping further in Asia trading to US$62.47 after the Trump–Putin meeting. Despite Trump calling the talks “productive,” no ceasefire ...
Trump–Putin meeting begins – Market wrap for the North American session - August 15August 15th North-American Session Recap – The much awaited Trump-Putin meeting begins in Anchorage, Markets are closing but awaiting the headlines. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.
AUDUSD consolidates into new range after the RBA rate cutAUDUSD faces choppy trading after a pivotal week for both currencies. The RBA’s 25 bps cut to 3.60% briefly lifted the Aussie but saw some reversals yesterday. In the US, a calm CPI was quickly overshadowed by hot PPI data ...
Technical outlook for US Oil WTI before the Trump–Putin meetingWTI Oil is in the radar as traders brace for the upcoming Trump–Putin Meeting approaching (11:30 A.M. ET). Discover the technical levels for the commodity as volatility is expected to rise. Stay connected to the latest headlines.
Imminent profit-taking in Cryptocurrencies – What's the storyAfter weeks of surging, altcoins and Bitcoin face sharp profit-taking as tariff-driven inflation fears shake crypto markets. Discover what helped Cryptos to get there and why prices are correcting. With today’s hot PPI data, traders eye whether this is a ...
GBP/USD Forecast: PPI Ignites USD Bulls, Can it Last?Hot US PPI and jobless claims data boosted the US Dollar, while UK GDP showed mixed signals. This led to GBP/USD retreating from key resistance. Is the bearish trend intact, or will new data shift momentum? Get the technical analysis ...
USDCAD pushes to attempt a break above 1.38 amid USD bullish pressureA hotter-than-expected U.S. PPI print strengthens the dollar, lifting yields and tempering rate cut bets. With the Canadian dollar lagging amid weak domestic data and following USD moves in regional FX trends, USDCAD holds near key levels. We break down ...
Dow Jones and US stocks open lower after massive PPI beatHot U.S. PPI data rattles markets, with both headline and core rising 0.9% m/m, far above forecasts. Tariff-driven inflation risks could shift Fed policy, clouding the outlook for a September rate cut. As risk appetite falters, we examine key technical ...
DAX 30 Technical Outlook: Breakout Has 400 Point PotentialThe DAX 30 shows breakout potential despite a drop in Eurozone industrial output and slower GDP growth. Technical analysis indicates bullish momentum, with potential for significant gains. Client sentiment data hints at a continued bounce.
Trump’s pressure mounts. The Fed cornered. Will the dollar weaken further?Explore how US inflation data is impacting Wall Street, the dollar, and the Federal Reserve's stance. With July CPI in line with expectations, markets are pricing in a September Fed rate cut. Discover the forces at play, including Trump's pressure ...
USD/JPY Technical: Further potential drop towards ascending range supportThe Japanese yen’s strength has unfolded as expected, with USD/JPY dropping -0.9% week-to-date and breaking key support at 146.60. Dovish comments from US Treasury Secretary Bessent sparked rate-cut bets, with futures now pricing in a 52% chance of a third ...
US Dollar Index (DXY) at Risk of Freefall. Key Confluence Level In PlayThe DXY faces a potential freefall as US inflation data boosts Fed rate cut hopes and President Trump pushes for lower rates, weakening the dollar. Technical analysis shows the DXY at a critical confluence level that could determine its short ...
S&P 500 and Nasdaq bully through their all-time highs – Technical LevelsUS Equities extend their relentless rally after CPI, with the Nasdaq and S&P 500 up 46% and 34% from Liberation Day lows. Strong earnings, the AI boom, rate cuts and muted tariff concerns keep the bullish momentum alive despite the ...
Ethereum about $200 from its all-time highs – Technical OutlookEthereum surges past $4,700, igniting a broader altcoin rally as Solana hits $200, BNB surpasses Nike’s market cap, and XRP nears its ATH. Up 234% since April’s lows, ETH’s resurgence follows ETF launches and renewed market confidence. We break down ...
Australian dollar extends gains after solid wage growthAustralia's wage growth posted a solid gain of 3.4% in Q2, unchanged from the first quarter. This comes a day after the RBA cut rates. In the US, CPI remained steady at 2.7% but the core rate jumped to 3.1% ...
EURUSD attempts to break 1.17, sees newfound strength from the US CPI reportEUR/USD is rebounding sharply from early August lows near 1.1390, fueled by USD weakness. In-line US CPI reinforced September Fed cut expectations, narrowing rate differentials as the ECB holds steady. Despite a ZEW sentiment miss, buyers eye the 1.17 handle. ...
Gold's (XAU/USD) Recovers to $3350/oz After Mixed CPI Reaction. What Next?Gold prices whipsawed after US CPI data, with tariffs on gold bars also impacting the precious metal. Despite a temporary dip, gold recovered to $3350/oz. This article analyzes the CPI details, Trump's ruling out of gold bar tariffs, and provides ...