Dollar Reversal and S&P 500 Rally Amplify the Focus on Today’s US CPI Release

There is plenty of fundamental trouble under the market's surface, but you wouldn't know it from the S&P 500. The benchmark index has advanced four straight sessions - there are no 5-day moves since November - but VIX was also up on the day. With US CPI on tap, will this move and the Dollar's retreat from two-decade highs find sustainable fuel?

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Crude Oil Prices Retreat Ahead of Inventory Reports as China Virus Cases Stay High

Crude oil prices are retreating after rising on Monday. China's battle against Covid remains a bearish drag despite a breakdown in talks between Tehran and Washington. US inventory reports are in focus.

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Gold Price Gains on US Dollar Weakness Ahead of US CPI. Where to for XAU/USD?

Gold has inched higher in a period of US Dollar weakness as the market assesses the prospects of the Fed's rates path ahead of today's all-important US CPI. Higher XAU/USD?

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USD/JPY Susceptible to Larger Pullback as RSI Sell Signal Emerges

Recent developments in the RSI raises the scope for a larger pullback in USD/JPY as the oscillator falls back from overbought territory to indicate a textbook sell signal.

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Dow Jones Propels Higher Before CPI, Nikkei 225 and Hang Seng Index May Follow

The Dow Jones soared ahead of the US CPI report, opening the door for the Nikkei 225 and Hang Seng Index to start Tuesday’s trading session on an upbeat.

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GBP/USD Still Pressured Despite Pullback As USD Markets Look To Fed

The pound has seen modest respite from historic lows as the market focuses on US inflation numbers and what they will mean for the Federal Reserve

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Debt to GDP Ratio by Country: State of Global Debt 2022

The COVID-19 pandemic led governments to spend massively in emergency support, forcing them to run big deficits that have resulted in historically and rising high debt.

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Euro Soars: Buoyed by Ukrainian Advance and the Mention of QT from the ECB

The euro surged higher on Monday, extending the recent bullish impetus after last weeks post-ECB low. Ukrainian counter offensive & mentions of QT support EUR for now

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Crude Oil Drops as Hawkish Fed and ECB Erode Growth Prospects. Where to for WTI?

Crude oil prices fell on Monday as tighter monetary policy lies ahead and geo-political woes continue to plague the outlook for energy while China lockdowns roll on. Can crude recover?

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Check S&P 500 Historical Averages Against Current Issues, Dollar Wobble at Decade Highs

This past week ended with a correction to significant market moves - a rebound in risk assets led by the S&P 500 and a slip from the US Dollar pushing a multi-decade high. The expectations of historical averages will charge serious anticipation, but our current conditions can result in substantially different market developments.

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US Dollar Direction to Dictate Market Sentiment as APAC Markets Eye a Green Open

Asia-Pacific markets look set to trade higher to kick off the week after market sentiment brightened last week on a falling USD. China and central bank rate bets are in focus.

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Check S&P 500 Historical Averages Against Current Issues, Dollar Wobble at Decade Highs

This past week ended with a correction to significant market moves - a rebound in risk assets led by the S&P 500 and a slip from the US Dollar pushing a multi-decade high. The expectations of historical averages will charge serious anticipation, but our current conditions can result in substantially different market developments.

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Chinese Yuan Weakens as Inflationary Metrics Soften, Will USD/CNH Resume Higher?

The Chinese Yuan weakened as China reported softer CPI and PPI data for August. This is opening the door to more economic stimulus. Will USD/CNH resume the broader uptrend?

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Crude Oil Price Outlook Mired by Failure to Defend August Low

Failure to defend the defend the August low ($85.73) may lead to a further decline in the price of oil as it extends the series of lower highs and lows from earlier this week.

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NZD/USD Eyes Potential Relief Rally but China CPI Data May Threaten APAC Sentiment

The New Zealand Dollar fell alongside its APAC peers during a volatile US trading session. A relief rally may be in the cards soon. APAC market sentiment may shift on China's CPI data to close out the week.

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EUR/USD Rebound Takes Shape amid Failure to Test December 2002 Low

EUR/USD appears to be reversing ahead of the December 2002 low (0.9859) as it preserves the series of higher highs and lows from earlier this week.

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S&P 500, Nasdaq, Dow Play Seesaw. Finish Higher

It was a grinding session in US stocks with a flurry of headlines in the morning as a Powell speech aligned with the European Central Bank’s largest rate hike.

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The Impact of US Midterm Elections on the Federal Reserve and the US Dollar

The prospect of gridlock returning to Washington, D.C. has profound implications for the Federal Reserve and the US Dollar.

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Crude Oil Prices May Fall as EIA Report Nears Amid China Lockdown Woes

Crude oil prices are staging a recovery in Asia-Pacific trading after a sharp drop on Wednesday amid broadening Chinese Covid lockdowns. US inventory data from the EIA is in focus.

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USD/JPY Rate Rally to Persist as RSI Holds in Overbought Territory

The overbought reading in the Relative Strength Index (RSI) likely to be accompanied by a further advance in USD/JPY like the price action from earlier this year.

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