DAX 40 at Pre-Pandemic High, CAC at Two-year Trend Support
European stocks continue to lead to the downside; DAX has wiped away all gains since pandemic low and the CAC is testing big trend-line.
Bank of Canada Preview: How Will the BoC Impact the Canadian Dollar?
Bank of Canada to embark of hiking cycle. Russia-Ukraine conflict boosts Canada’s terms of trade.
Eurozone Flash CPI Reaches 5.8%, Core CPI 2.7% as Oil Breaches $110
Rising energy costs continue the monthly trend in rising inflation and looks set to worsen as Crude oil prices trade around $110 per barrel.
Crude Oil Jumps 7% as OPEC+ Talks Continue, Crisis in Ukraine Intensifies
The price of oil continues to soar as the Ukraine crisis intensifies with yesterday's release of 60 million barrels of strategic oil reserves having no impact on the market.
Euro Vulnerable as Commodity Crisis Sees US Dollar Buying. Will EUR/USD Press Lower?
The Euro remains under pressure as the Russian invasion of Ukraine has commodity markets in a vortex.
Gold Prices Hit 14-Month High Amid Ukraine Crisis, Falling Real Yields
Gold prices hit 14-month highs amid escalating tensions between Russia and Western powers over Ukraine. Demand for safety lifted Treasury notes, sending real yields lower and gold prices higher.
Dow Jones, S&P 500 Forecast: Retail Traders Boost Long Bets Despite Ukraine Tensions
The Dow Jones and S&P 500 are vulnerable as Ukraine tensions have been driving retail investors to increase their upside exposure. What are key technical levels to watch for?
WTI Crude Oil Targets 110 Amid Possible Move to Target Russia’s Energy Exports
WTI crude oil prices held firmly higher as supply worries remained after President Joe Biden's State of the Union speech. The West may target Russian energy exports, hurting further its…
S&P 500 Falls as Ukraine Crisis Deepens, Crude Oil Soars. APAC Stocks May Fall
Wall Street stocks fell as Western powers imposed stringer sanctions on Russia over its attack of Ukraine. Rising crude oil prices may cloud prospects of an economic recovery. APAC stocks…
Australian Dollar Robust Post GDP Amid War Risks. Will AUD/USD Break the Range?
The Australian Dollar continues to find support after GDP numbers showed solid growth domestically as commodity exports boom on Ukraine war concerns.