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The European market is gearing up for a jumbo rate hike by the European Central Bank. The expectation is weighing on the STOXX 600 Index as investors expect the euro to strengthen following the rate...
China’s flip-flops over COVID lockdowns are an anathema for crude traders Beijing’s September oil import of 9.79 million bpd was down 2% yoy More weakness if WTI holds below $90 and last...
Gold is off to a good start to the week However, the metal's fundamentals remain unfavorable in the long term Technically, a test of the resistance area between $1660 to $1676 should be critical going...
Eurozone and German inflation hit double digits Stagflation and energy crisis pose great risk to EZ economy Fed continues hawkish rhetoric, keeping dollar supported on dips The EUR/USD is likely to...
Copper is down 25% on the year, slid in five of the past six months $3 support held since November 2020 could break Commodities pulverized by a dollar enabled by hawkish Fed talk Exactly two months...
After a busy week for central banks, nothing has changed to alter my bearish outlook on the stock markets. I continue to expect to see new lows on the year on the major European and US indices. The...
All eyes on FOMC – expect a 75bp rate hike with a hawkish tone Russian aggression will keep euro under pressure Acceptance below parity is another sign of weakness for EUR/USD There is no end in...
As the stars aligned, the euro climbed for the fourth day out of five to near a four-week high.Monetary Policy DecisionThe 25 members of the governing council of the European Central Bank (ECB)...
Improved risk appetite lifts euro EU Energy Ministers discussing caps for Russian oil and gas EUR/USD chart still bearish The EUR/USD was up 1% this morning, showing some follow-through in...
Gold continues to be undermined by rising dollar and yields Rising interest rate expectations reduce appeal of zero-yielding assets Metal is testing key support, but it could break it this time Gold...
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