Could ECB Adopt Its June 2022 Playbook and Preannounce a Rate Cut?

Key Highlights Crude oil bulls are eyeing an upside break above the $82.80 resistance. There was a break above a major bearish trend line with resistance at $79.45 on the 4-hour chart. Gold prices started a downside correction from the $2,195 zone. Bitcoin struggled above $72,000 and corrected below $70,000. Crude Oil Price Technical Analysis […]

Fundamental Analysis This week we will have a few high-impact data releases from the economic calendar. Still, the focus will be on several speeches by Fed officials, with five out of eight appearances scheduled featuring hawkish members. This will drive a strong pushback against market expectations of two rate cuts this year. This hawkish stance […]

Key insights from the week that was. In Australia, market participants were left with little to dissect this week. The latest NAB business survey pointed to the domestic economy remaining weak in late February, the detail of the survey broadly consistent with last week’s Q4 2023 National Accounts. Although business conditions rose to +10 in […]