Oil Price Forecast: Oil Rises as OPEC+ Predicts Record Demand in 2024

Oil prices shook off the COP28 deal to phase out fossil fuels as OPEC+ doubles down on its demand forecasts for 2024. Will the IEA report due tomorrow concur with the cartel?

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AUD Forecast: FOMC Communication Pivotal for Australian Dollar

AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data.

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UK Breaking News: GDP Misses Forecasts, Sterling Dips Ahead of FOMC

UK GDP disappoints ahead of major central bank meetings. The pound is understandably weaker heading into the FOMC and BoE meetings

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Nasdaq 100 Consolidates Higher After Breakout. Will the Fed End Exuberance?

The Nasdaq 100 consolidates higher and reaches its best level since early 2022 after pushing past key resistance levels, but the Fed may end its upward momentum if it issues a hawkish policy outlook.

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Gold Price Forecast: Sellers in Control Following Failed $2000 Retest, FOMC Next

Gold’s attempt to break back above the $2000 mark was met with selling pressure today as US CPI data provided a somewhat mixed bag. Will the FOMC assist Gold bulls or are we in for further downside?

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GBP Breaking News: Mixed UK Jobs Report Should Not Deter BoE

GBP prices remain resistant after UK jobs data provided some varied information. GBP/USD & EUR/GBP now look to US CPI & ZEW economic sentiment.

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Oil Price Forecast: Oil Eyes Continued Recovery but Market Participants Remain Cautious

Oil prices remain under pressure as fund managers ramp up their bearish outlook and the IMF warns of the pitfalls to global growth should the global economy fragment into two blocs.

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US Dollar Forecast: All Eyes on US Inflation, Setups on EUR/USD, USD/JPY, GBP/USD

This article analyzes the technical profile for major U.S. dollar FX pairs such as EUR/USD, USD/JPY and GBP/USD, examining critical price levels that could act as support or resistance ahead of U.S. CPI data.

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Bitcoin (BTC/USD) Price Forecast: Eyes on $40k Support as ARK Sell More Coinbase (COIN) Shares

Bitcoin failed in its attempt to break the $45k handle prompting a pullback which could in part be down to profit taking. ARK sell more COIN shares to balance ETF weighting.

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Gold Pullback Extends After NFP Print Rejuvenated the Dollar, US Yields

NFP data hinted once again that the labour market is resilient, cooling aggressive rate cut expectations and providing the dollar with a helping hand

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FTSE 100, Dax 40 and S&P 500 Lose Upside Momentum in Low Volume Trading

Outlook on FTSE 100, DAX 40 and S&P 500 ahead this week’s plethora of central bank meetings.

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Euro Price Forecast: Colossal Data Filled Week for EUR/USD

EUR prices brace for upcoming US inflation data alongside FOMC and ECB rate announcements later this week

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Markets Week Ahead: Gold, EUR/USD, GBP/USD, USD/JPY, US Inflation, Fed, ECB, BoE

The week ahead is likely to bring elevated market volatility, courtesy of impactful events on the economic calendar, including US inflation data, UK GDP figures, and significant monetary policy announcements from the FOMC, BoE and ECB.

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US CPI, Fed Decision to Guide US Dollar, Setups on EUR/USD, USD/JPY, GBP/USD

This article examines the technical outlook for major US dollar FX pairs such as EUR/USD, USD/JPY and GBP/USD, dissecting the critical price thresholds that could come into play this week ahead of US inflation data and the Fed’s decision.

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USD/JPY Weekly Forecast: Markets Peel Back Hopes for BoJ Policy Change

JPY upside may be slowing as NFPs showed a robust US labor market. This week sees the FOMC in action and US inflation to drive volatility.

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AUD Forecast: Australian Households Managing Tough Financial Conditions, RBA’s Brischetto

AUD prices held onto yesterday’s gains after the RBA’s Brischetto praised the ability of Australian households to meet financial obligations in difficult circumstances.

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US Jobs Report Preview: What’s Next for Gold, US Dollar, Yields & Nasdaq 100?

Gold prices, Treasury yields, the U.S. dollar and the Nasdaq 100 will be quite sensitive to the November U.S. nonfarm payrolls report, as the employment data can have a direct impact on the market's assessment of the Federal Reserve's monetary policy path.

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Euro Price Action Setups: EUR/USD, EUR/GBP Post GDP Revision

The Euro enjoyed a productive day despite poor fundamental data. Can the gains continue heading into next week's ECB meeting?

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Oil Price Forecast: $70 a Barrel Holds Firm as China Adds to Demand Concerns

Oil prices continue to slide on Chinese demand and import concerns. Is the YTD low at risk of a retest?

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GBP Price Forecast: UK House Price Index Rises for 2nd Consecutive Month

GBP/USD prices are attempting a pullback as UK house prices surprised to the upside as US labor markets come under the spotlight later today.

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