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Fundamental Analysis

Precious Metals Monday 16-08-2021

GoldThe yellow metal has started the week with a slightly softer tone following the rally seen on Friday. Gold prices made an impressive recovery off last week’s lows as initial selling pressure...

Key events and economic reports of the week ahead

The RBNZ will hold a policy meeting next week and it looks like the country will be the first major economy to depart from accommodation policy after the pandemic.Stellar employment data bolstered...

Strong US PPI Keeps Inflation Expectations High Despite Modest July CPI

The dollar declined on Friday however, extends the streak of weekly gains for the second consecutive week. Investors continue to assess the likelihood of whether the Fed could announce plans to wind...

US Inflation Data: One Step Back, Two Steps Forward.

Thegreenback’s attempts to recover after July US CPI report proved to beunsuccessful in the second half of the week. After forming a weekly peak at93.15 on Wednesday, DXY tumbled on the report....

FOMO Friday: Did You Catch The Gold Bounce?

Gold Bounces Back Off The LowsAnother week comes to a close in financial markets and as we pull into the middle of August it’s been a relatively quiet week. Summer trading is typically much lighter as...

July US Inflation Failed to Surprise Markets as Temporary Drivers Fade

Inflation in the US rose by 0.5% in July in monthly terms, which was in line with expectations. However, core inflation rose by 0.3%, which was less than the forecast of 0.4%. Annual inflation...

The Crude Chronicles - Episode 102

Oil Traders Reduce LongsThe latest CFTC COT institutional positioning report shows that oil traders reduced their net long positions by 19, 237 contracts last week. This latest reduction takes the...

US Inflation Report Could Disappoint Dollar Bulls

The US dollar holds its own near yearly highs ahead of release of US inflation report for July. According to consensus, core and broad inflation should finally start to ease after gaining 0.9% in...

EURUSD May Break 1.17 if the US July CPI Indicates Persistence in Price Growth

The dollar started the week on a positive note and on Tuesday continues to consolidate around the resistance at 93 points on DXY. Technically, there is a second retest in three weeks of the upper...