Oil Price Forecast: WTI and Brent Slide as Overall Sentiment Flounders
Oil prices appear ready for a decent pullback amid China and recessionary fears. Will we finally achieve a sustained break back below the $80.00 a barrel mark?
Oil prices appear ready for a decent pullback amid China and recessionary fears. Will we finally achieve a sustained break back below the $80.00 a barrel mark?
Yen weakness continues on Monday after clawing back some losses last Friday. Markets may look to test 150 after Suzuki clarifies concern over yen volatility, not level
Gold is down by $100/oz. over the last month and with little in the way of support on the chart, further losses may accrue
Cable puts in modest gains to start the week buoyed by a weaker Dollar Index (DXY). Will Central Bankers at Jackson Hole provide a catalyst for a breakout?
Outlook on FTSE 100, CAC 40 and Nasdaq 100 as the People’s Bank of China seeks to strike a balance between helping the faltering economy and stemming further weakness in the yuan
AUD prices remain shaky after the China LPR rate announcement but investors cautiously await the upcoming BRICS summit & Jackson Hole Economic Symposium.
Surging Treasury yields pushed down gold prices as the US Dollar outperformed and equity markets wobbled. Ahead, all eyes are on the Fed’s Jackson Hole Symposium as markets continue watching economic developments out of China.
The pull-ahead in US retail sales validates soft landing hopes but also leaves room for rates to be kept high for longer, with market sentiments seemingly placing their focus on the latter.
NZD gave up early gains against its peers after China cut its one-year benchmark lending rate but left its five-year rate unchanged. What is the outlook for NZD/USD, AUD/NZD, and GBP/NZD?
Major US indices were subdued to end last Friday, but nevertheless, it reflected an attempt to stabilise following three straight days of heavy losses.