Elliott Wave Analysis on Copper (HG) Expects the Metal Turning Higher

Oil price ticked higher on Monday and holding within a narrow consolidation, following 1.8% drop on Friday, sparked by disappointing US jobs data. Mild rise in early Monday came from a partial profit taking and signals about potential hurricane system developing above US Gulf. Larger picture shows the oil price in a downtrend which accelerated […]

Markets The ECB and its Watchers XXIV conference and UK February CPI data provided a welcome interlude counting down to tonight’s Fed decision. ECB Lagarde basically held to the recent communication line. Moving into the dial back phase requires wage growth to slow further, a continued decline in inflation towards 2% and a confirmation in […]

In focus today We receive the German ZEW data for September today. The assessment of the current situation has been stuck at very low levels the past year and the expectations component has fallen in the past two months following a strong rebound. As risk sentiment in markets in September has been sour, we expect […]