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Natural gas under the bearish pressure Likely to fall to support level 2.200 Natural gas is under bearish pressure after the earlier breakout of the key support level 2.600 (which stopped the previous medium-term ABC correction (4) from the end of May). The breakout of the support level 2.600 coincided with the breakout of the […]

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26/09/2024

SNB to Cut Rates by 25bp Today, But It’s a Close Call

In focus today Today, we expect the SNB to cut policy rates by 25bp to 1.00%, but stress that it is a close call between 25bp and 50bp as inflation has underperformed the SNB’s forecast, the real trade-weighted CHF has appreciated notably, and GDP has been higher than expected. Jordan has previously stated that the […]
30/07/2024

CADJPY: Trade of the Week

The Canadian Dollar (CAD) weakened on Monday as it lagged behind the strengthening US Dollar ahead of the Federal Reserve’s rate decision. This week, the CAD is underrepresented on the economic calendar, making it susceptible to broader market movements and central bank appearances. Key data to watch includes Wednesday’s Canadian GDP for May, anticipated to […]
02/08/2024

Dollar Story a Nuanced One, UST Outperformance More Than Offset by Risk-off on Equity Markets

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