Archives by Month:

Archives by Year:

Gold Technical Analysis: The Dollar’s Decline Supports Gold

Gold Technical Analysis: The Dollar’s Decline Supports Gold

In the near term, and according to the performance on the hourly chart, it appears that the XAU/USD is trading within an ascending channel formation.  At the end of last week’s trading, gold futures rose to close a volatile week that saw the Federal Reserve meeting and the US jobs report for October. With the […]
Oil Market Commentary – Monday, Nov. 6

Oil Market Commentary – Monday, Nov. 6

Freepik Middle East Conflict Supporting OilOil prices have started the week tentatively bullish with crude futures trading in the green across early European trading on Monday. While prices have softened from the highs initially seen on news of the conflict between Israel and Hamas, the ongoing risk of escalation is keeping prices underpinned around current levels. […]
KKR Raises $2.8 Billion For SDG-Focused Global Impact Fund

KKR Raises $2.8 Billion For SDG-Focused Global Impact Fund

Alternative asset and private equity investor KKR (KKR) announced today that it has raised $2.8 billion at the final close of its second fund focused on investing in companies that contribute measurable progress toward the United Nations Sustainable Development Goals, KKR Global Impact Fund II.Image via ESG TodayLaunched in mid-2021, the new fund more than doubled […]
USD/JPY Outlook: Yen Braces For Gains After Lackluster Jobs 
                    
 
 

USD/JPY Outlook: Yen Braces For Gains After Lackluster Jobs    

As we stepped into the new week, the USD/JPY outlook took a bearish turn, with the yen standing its ground in expectation of another descent in the US dollar’s value. This anticipation gained momentum following a lackluster US jobs report. Freepik The dollar index experienced a significant drop of over 1% last week, its most substantial decrease […]
The Eurozone Disaster – Between Stagnation And Stagflation

The Eurozone Disaster – Between Stagnation And Stagflation

The Eurozone economy is more than weak. It is in deep contraction, and the data is staggering.FreepikThe Eurozone Manufacturing purchasing managers’ index (PMI), compiled by S&P Global, fell to a three-month low of 43.1 in October, the sixteenth consecutive month of contraction. However, European analysts tend to ignore the manufacturing decline using the excuse that the services […]
FX Daily: Another Black November For The Dollar?

FX Daily: Another Black November For The Dollar?

November 2022 was a historically negative month for the dollar, and this month has also started with a correction. Positioning is playing a role and we suspect it may be too early to see the deterioration in US activity necessary to drag USD sustainably lower. This week, Fedspeak may push back on dovish interpretations, while we expect […]
Silly Idea Of The Day: The Price Of Gold In China Is The Accurate Price

Silly Idea Of The Day: The Price Of Gold In China Is The Accurate Price

It is amazing how much complete economic garbage gets posted and retweeted on Twitter.Image courtesy of StockCharts.Com, annotations by MishPlease consider this pair of absurd Tweets. The first Tweet above had over 120,000 views with 433 likes and 87 Tweets.It took precisely 5 seconds to debunk the above nonsense with a simple search.China Resumes Gold […]
Banks Outlook 2024: Banks In A World Of Higher For Longer

Banks Outlook 2024: Banks In A World Of Higher For Longer

From TLTROs to European Taxonomy, capital requirements to commercial real estate, and bond supply to ESG, we’ve got banks covered in our comprehensive look at the challenges and opportunities facing financial institutions next year. Download our full PDF report.Freepik Executive summary Life after TLTROs: Bank liquidity and funding will be tested in 2024. The final tranches of the European […]
Bitcoin And Ethereum: Ethereum Breaks Above The $1900 Level 
                    
 

Bitcoin And Ethereum: Ethereum Breaks Above The $1900 Level  

Bitcoin chart analysisBitcoin price manages to hold above the $35000 level. Over the weekend, we got support at the $34600 level, which resulted in a jump to $35400 at the start of this week. We need a continuation of the positive consolidation in order to retest that level and move above. Potential higher targets are […]
Traders Engage In Active Purchasing Across Markets, From Equities To Fixed Income

Traders Engage In Active Purchasing Across Markets, From Equities To Fixed Income

The October labor market report, revealing signs of a decelerating labor sector, carries potential to impact the Federal Reserve’s stance on monetary policy.FreepikThe recent data release is amplifying the prospects of forthcoming rate reductions in the coming year, spurred by aspects such as the unanticipated shortfall in job creation, notable downward revisions, and an uptick […]