Crude Oil, US Dollar, WTI, OPEC+, CFTC, Backwardation – Talking PointsCrude oil prices have pushed higher with OPEC+ set to cut productionThe headline number of supply reduction might differ from actual outputIf OPEC+...
Japanese Yen, USD/JPY, US Dollar, AUD/USD, RBA, RBNZ, Crude Oil - Talking PointsThe Japanese Yen continues to linger near 145 as markets take a breatherAPAC equities that were open today moved higher as...
UPCOMING EVENTS:Monday: US ISM Manufacturing PMI.Tuesday: RBA Policy Announcement.Wednesday: RBNZ Policy Announcement, US
ISM Services PMI.Friday: US NFP Report.Last week was a messy one in terms of
market movements. We saw some losses in equities,...
GBP/USD, British Pound - Technical Outlook:GBP/USD is holding above major support.Speculative positioning and traders’ sentiment is less bearish.What is the outlook and what are the key levels to watch?
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On late Friday ratings agency Standard & Poor's cut it outlook for its AA credit rating for British sovereign debt to "negative" from "stable".This is in response to new Prime Minister Truss's tax...
DAX/CAC Technical Highlights:DAX is trading below major support, showing major relative weaknessCAC 40 not set up any more favorably, rally could offer entryWatch to see if the lagging performance continues should US recovery...