Euro, Pound Suffer as Markets Eye Busy Week for European Politics

The Euro and the British Pound fell as Brexit progress stalled while Italy braced for a clash with EU authorities and Sweden inched closer to a minority government.


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Asian Stocks Inch Higher From Early Falls, Oil Prices In Focus

Asia Pacific investors clearly decided that stocks had suffered enough as a new week got under way. Oil prices rebounded as Saudi Araba announced December supply cuts


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Gold Prices May Fall Further as US Dollar Recovery Continues

Gold prices may continue to drop as a rebound in risk appetite buoys yields and stokes Fed rate hike speculation, boosting the US Dollar.


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British Pound Weekly Technical Forecast: Searching for Direction

The British Pound continues to benefit from optimism over a ‘soft Brexit’ deal being reached.


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Will USD/IDR, USD/PHP Reverse as Fed Rate Hike Bets Sink Stocks?

Bank of Indonesia upheld its currency, leaving the Rupiah resilient to USD gains. That may change as Fed rate hike bets sap market mood next, sending Emerging Markets lower and ASEAN FX.


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ASX 200 Technical Analysis: Long-Term Chart Uptrend In Trouble

The ASX 200 has fought back into a key uptrend channel which had given way in October’s falls, but still looks far from comfortable


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AUD/USD Technical Analysis: Down Trend Looks Ready to Resume

The Australian Dollar looks to be resuming the long-term downward trend against it US counterpart following a corrective upswing.


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Euro Forecast: GDP and CPI Revisions Due amid Ongoing Italian Tensions

The second Q3’18 Eurozone GDP release plus the final October Eurozone CPI release will draw attention on the calendar, while the Italian budget saga continues to drag on.


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Crude Oil Prices Eye Weekend OPEC Meet, Asia Stocks May Boost JPY

Fed sent Asia, Europe and US stocks tumbling as USD rose. GBP fell on Brexit woes as UK’s Jo Johnson resigned. Crude oil prices look to weekend OPEC meeting as Asia stocks may fall.


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Weekly Fundamental Forecast: As Political and Rate Decision Risks Ebb, Will Sentiment and Trade Wars Take Over?

The US mid-term elections and FOMC rate decision from this past week were noteworthy distractions for the markets, but they were not ultimately true course settings for the markets. The docket thins out next week, but open-ended themes from trade wars to Brexit to Italy’s budget can wrest back focus.


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Weekly Technical Forecast: The US Indices Rally Stalled, Oil’s Tumble Continued, EURUSD Weighs a Key Level

There was a notable attempt to shift tentative breakouts and fledgling charges into more systemic trends. For most – like US indices – the effort fell apart after the week’s top event risk charged volatility. There are, however, still benchmarks that can redefine the financial landscape like oil’s 10-day tumble and EURUSD’s approach on 1.1300.


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S&P 500 Will Look to Trade Wars, FTSE to Brexit, DAX to GDP Data

Trade wars and Brexit look to dominate equity headlines in the week ahead while German GDP and Italian budget negotiations will remain factors for the DAX.


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Gold Weekly Technical Outlook: Budding Breakout Caught at Range Support?

Gold posted its worst week since August with price sitting on a key inflection zone. Here are the targets & invalidation levels that matter on the XAU/USD weekly chart.


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EUR/USD Weekly Technical Outlook: Euro 11300 Level Matters, a Lot

Last week, the Euro attempted to rally but found stiff opposition; this has the increasingly important 11300 level back in focus and it matters in a big way.


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Yen as a Risk Measure, Carry Barometer and Trade Vehicle

A strong risk asset rebound has stalled this past week, and different assets present their unique appeal to take advantage of the trend check. I look at the Yen crosses against this backdrop.


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US Dollar Rebound May Continue on CPI, European Politics

The US Dollar may continue to push higher after last week’s rebound as CPI data boosts Fed rate hike bets while shaky European politics drive haven demand.


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Dollar Attempting Another Ill-Fated Charge to Make a Bull Trend Stick

The Dollar is within easy reach of a more-than-year high in the DXY Index and EURUSD. Do these benchmarks offer a more reliable signal than the strained conviction in other measures?


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GBP Forecast: Brexit Breakthrough Needed for Bullish Breakout

Brexit breakthrough needed to awaken GBP bulls. Lack of concrete progress to keep Pound on backfoot, while plethora of UK data will likely take a back seat.


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Oil Price Enters Bear Market Even as U.S. Crude Output Hits Record-High

The current environment is likely to keep crude prices under pressure as OPEC changes gears, while the RSI pushes into oversold territory for the first time since 2017.


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S&P 500’s Recovery Falter, EURUSD Approaching 1.1300, Worst Oil Slide in Decades

Risk trends cut their bullish anchor this past week when the S&P 500 and Dow capitulated with a Friday tumble. Meanwhile, EURUSD is eying 1.1300 for next week’s open and US oil has suffered its longest slide in over three decades.


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