AUD/USD ANALYSIS &TALKING POINTSPositive Chinese economic data bolsters AUD.Michigan consumer sentiment in focus ahead of FOMC next week.AUD/USD trading at key inflection point, 0.67 at risk. AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP
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POUND STERLING ANALYSIS & TALKING POINTSPlanned fiscal stimulus weighs on GBP.10-year Gilt yields through 3%.Fed speakers in focus later today.GBP/USD FUNDAMENTAL BACKDROPCable has been unable to shirk off a surging USD, while the...
EUR/USD TALKING POINTSEuro Retail Sales (MAY) – ACT: 0.2%; EST: -0.4%Recessionary fears dominate after U.S. 2s10s yield curve inverts.EURO FUNDAMENTAL BACKDROPThe euro did little in the way of recovery after better than expected...
EUR/USD TALKING POINTSInflation in focus next week.Uncertain exhibited by daily EUR/USD.EURO FUNDAMENTAL BACKDROPThe euro has displayed much resilience against the U.S. dollar this week particularly after weak eurozone PMI figures. The dollar remained...
BRENT CRUDE OIL (LCOc1) ANALYSISBackwardation points to elevated prices.Recession woes may be declining. OPEC+ output levels.BRENT CRUDE OIL FUNDAMENTAL BACKDROPBrent crude oil conditions remain tight despite the recent price slump. If we look...
