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Fundamental Analysis

China to Announce Fresh Measures Following PMI Miss
China to Announce Fresh Measures Following PMI Miss

Factory Activity Drops AgainThe latest data out of China overnight has offered little reassurance over the health of the world’s second largest economy. The manufacturing PMI was seen staying in...

Exxon Shares Rally Following Q2 Earnings
Exxon Shares Rally Following Q2 Earnings

Surprise Revenues JumpShares in Exxon are trading higher ahead of the open today as the post-earnings rebound continues to play out. Shares tanked initially as the company reported a lower EPS than...

AUDJPY Rallying Hard Ahead of RBA
AUDJPY Rallying Hard Ahead of RBA

RBA On WatchThe RBA will meet overnight tonight for its August rate decision. Expectations have been heavily divided in the build up to this meeting though, as it stands, the market is currently...

EURUSD Sees Heavy Two-Way Risk Ahead of EZ CP
EURUSD Sees Heavy Two-Way Risk Ahead of EZ CP

CPI on WatchToday is likely to be a pivotal session for EURUSD with the release of the July flash CPI estimate for the eurozone due shortly. On the back of the latest ECB meeting last week, ECB...

U.S. Economy Surges, Dollar Gains Momentum: Implications for Investors
U.S. Economy Surges, Dollar Gains Momentum: Implications for Investors

Upbeat surprises in US data released yesterday have bolstered the dollar’s position and led to rebound in Treasury yields with expectations regarding the Federal Reserve's policy shifting towards...

Dow Stalls at Key Resistance Ahead of US Core PCE
Dow Stalls at Key Resistance Ahead of US Core PCE

Dow Stalls for NowThe Dow Jones came under heavy selling pressure yesterday as the market tested key resistance at the 35503.24 level.  Prior to yesterday’s sell-off, the Dow had been on a strong...

EURUSD Under Pressure As ECB Tightening Expectations Fade
EURUSD Under Pressure As ECB Tightening Expectations Fade

September Hike in DoubtEUR has come under heavy selling pressure on the back of yesterday’s ECB meeting. While the central bank hiked rates by a further .25% as expected, the tone of the meeting was...

BOJ Lays The Groundwork For Tightening
BOJ Lays The Groundwork For Tightening

Subtle Shifts From BOJThe Bank of Japan meeting earlier this morning was a very interesting affair altogether, and for those who rose early/or stayed up late, we were treated to plenty of volatility....

Fed's Wait-and-See Approach Sparks Yield Hunt in Risk Assets Amid Positive Economic Outlook
Fed's Wait-and-See Approach Sparks Yield Hunt in Risk Assets Amid Positive Economic Outlook

Meeting of the Federal Reserve became a catalyst for selling the dollar, with the U.S. currency index accelerating its decline to approach the 100.50 level after an initial negative reaction to the...