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Markets A typical in-between trading day ahead of major eco releases and central bank speeches got shaken up by news coming from South Korea. SK president Yoon declared an emergency martial law during a televised address. Yoon of the conservative People Power Party accuses the opposition – which is in control of the 300-member parliament […]

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02/05/2024

RBA Decision: Will a Rate Hike be Back on the Table?

RBA meets amid uptick in Australian inflation Muddied economic outlook may complicate policy path Aussie remains choppy ahead of Tuesday’s decision (04:30 GMT) Inflation setback The Reserve Bank of Australia is no stranger to policy flip-flops and the May decision may just add to the tally. Having dropped their tightening bias as recently as the […]
11/04/2024

Natural Gas Wave Analysis

Natural gas reversed from key resistance level 2.035 Likely to fall to support level 1.860 Natural gas recently reversed down from the key resistance level 2.035 (former strong support from the end of January and the monthly high from March). The downward reversal from the resistance level 2.035 stopped the previous minor impulse wave i. […]
17/09/2024

Could BoE Surprise With a Rate Cut on Thursday?

BoE meeting concludes on Thursday, the day after the Fed Economists assign an almost zero chance of a rate cut Wednesday’s CPI and the Fed rate cut could lead to a surprise BoE move Pound to benefit from an uneventful meeting BoE will announce its rate decision on Thursday The Bank of England is joining […]