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Markets The release of labour market data kicked off a triptych of key UK data that should help clarify whether the time is right for the BoE to move to a ‘more activist approach’ when it comes to reducing policy restriction. The employment report didn’t change (money) markets’ positioning in any profound way (> 90% […]

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Canadian Inflation Falls Further Below BoC’s Target

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WTI Crude Oil Cut Back Gains: Will the Slide Continue?

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27/08/2024

Gold’s Price Prospects Amid Middle East Tensions and Fed Policies

Gold prices have recently dipped to 2507 USD per troy ounce but are poised for a potential rebound due to increased demand for safe-haven assets amid escalating conflict in the Middle East. Additionally, anticipations of monetary policy easing by the US Federal Reserve in September further bolster gold’s outlook. Monetary Policy and Market Dynamics Last […]
19/06/2024

NZD: Market Breakdown Ahead of GDP Release

The NZDUSD pair rose nearly a quarter of a percent to the 0.6110s after the US Dollar weakened following disappointing US Retail Sales data for April and May. The lower-than-expected retail sales growth in May and downward revisions for April indicate a slowdown in US consumer spending, leading to revised market expectations of future US […]
31/01/2024

Gold Price and Crude Oil Price Eye Additional Gains

Gold price started a decent increase above the $2,025 resistance level. Crude oil prices are gaining bullish momentum and might rise toward $82.00. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a decent increase from the $2,025 zone against the US Dollar. A connecting bullish trend line is forming with support […]