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Crude Oil Price Rolls Over on China Growth Woes and Libya Re-open. Lower WTI?

Posted by By 18/07/2023Posted inForex
Crude oil prices are teetering lower after China’s GDP missed estimates and Libya reopened several oil fields. WTI has retreated back into the range, will this pattern persist?
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Gold and Silver Outlook: XAU/USD, XAG/USD May Rise as Retail Traders Turn Bearish

Posted by By 17/07/2023Posted inForex
Gold and silver prices have been rising in recent days amid the drop in Treasury yields and the US Dollar. Retail traders have increased bearish exposure, is this a sign…
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S&P 500 Outlook: Make or Break Week for Stocks ahead of Netflix, Tesla Earnings

Posted by By 17/07/2023Posted inForex
The S&P 500 begins the week on the front foot, notching its best close in 2023 ahead of this week's key corporate earnings reports, which include results from Netflix and…
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Gold Recovery Runs Out of Fuel Ahead of US Retail Sales. What Now for XAU/USD?

Posted by By 17/07/2023Posted inForex
Gold prices lose momentum after last week's explosive rally as traders await key U.S. macroeconomic data that may provide insight into consumer spending and the state of the broader economy.
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USD/CNH, Copper Outlook: Worrisome Chinese Data Takes Hold

Posted by By 17/07/2023Posted inForex
Lackluster Chinese Q2 GDP data paints a worrying picture for Chinese related assets including copper. USD/CNH bullish momentum in doubt after US dollar selloff
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UK CPI Preview – Will Rapid Price Growth Finally Abate?​​​

Posted by By 17/07/2023Posted inForex
​​While underlying inflation remains a concern, headline consumer price inflation is expected to be brought down by softer petrol prices and lower energy bills, contributing to an overall decrease in…
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GBP/USD Price Forecast: Cable Rally May Stall Ahead of UK Inflation Data

Posted by By 17/07/2023Posted inForex
Sterling appears to be making an effort at a retracement following last weeks extended rally. Will UK Inflation scupper the rally or provide bulls with renewed impetus?
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EUR/USD Holding Firm Above 1.1200, EUR/GBP Toys With 20-Day Moving Average

Posted by By 17/07/2023Posted inForex
EUR/USD is back at highs last seen in February 2022 as the greenback continues to drift lower.
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WTI and Brent Start Week on the Back Foot as Chinese GDP Underwhelms

Posted by By 17/07/2023Posted inForex
Oil prices finished last week on the back foot with underwhelming Chinese data this morning unlikely to help. Are we in for a retracement before bullish continuation?
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US Dollar Finds Traction While China GDP Misses Estimates. Where to for USD?

Posted by By 17/07/2023Posted inForex
The US Dollar consolidated to start the week while soft Chinese GDP numbers highlight growing concern for the economic recovery there. With the Fed in a blackout, where to for…
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