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Fundamental Analysis

The Crude Chronicles - Episode 121
The Crude Chronicles - Episode 121

Oil Longs Hit Ten Week HighsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long positions last week by a further 26,000 contracts. This latest...

The Game is on: Oil Set to Drop and Drag Ruble Down
The Game is on: Oil Set to Drop and Drag Ruble Down

Good day,The price of Russian ruble has approached a very strong psychological resistance at the level of 80.00, and the uptrend. The price of USD/RUB has jumped, therefore it might undergo correction...

BoJ rate Hike Looms on the Horizon as Price Pressures Accelerate
BoJ rate Hike Looms on the Horizon as Price Pressures Accelerate

The Bank of Japan may be mulling over following the suit of its peers and finally pick a course on raising rates. According to early rumors, this may happen before inflation hits its 2% target as the...

Has Bitcoin Hit A Turning Point?
Has Bitcoin Hit A Turning Point?

Bitcoin Heads Lower (Again!)Just as Bitcoin bulls thought it couldn’t get any worse, the market took another leg lower this week. Following an almost 20% decline last week, the bulk of which came on...

A Break Above 96.50 may set the Stage for new leg of USD Rally
A Break Above 96.50 may set the Stage for new leg of USD Rally

The increased geopolitical premium and rotation out risk assets on expectations of higher Fed rate have made a significant contribution to the weakening of currencies tied to business cycle...

GBP Falls As Omicron Hits January PMIs
GBP Falls As Omicron Hits January PMIs

UK Data Soft Patch ContinuesGBP traders have been hit by a further round of poor data this week. The latest PMI data sets for January, released yesterday, showed that both the manufacturing and...

USD Benefits a Surge in Risk-off, Bonds Point to a Possible Fed Overreaction
USD Benefits a Surge in Risk-off, Bonds Point to a Possible Fed Overreaction

Asian and European markets are in the red on Monday with the weakness of US equities on past Friday being key catalyst of downward momentum. Investors increased demand for cash amid growing risk-off...

Precious Metals Monday 24-01-2022
Precious Metals Monday 24-01-2022

Metals Well-Bid On Monday But FOMC LoomsThe metals complex has started the week with a positive tone as both gold and silver see decent demand across the European open on Monday. With USD continuing...

Key Economic Events and Reports of the Week Ahead
Key Economic Events and Reports of the Week Ahead

In the outgoing week, the main trading theme was high inflation and a possible reaction of central banks to it at the upcoming meetings. Oil gained significantly, while bond yields rose reflecting...