Blog

Although oil maintains a bullish medium-term outlook, the short-term bias is slightly bearish as the White House weighs acting to lower the commodity price to cool red-hot inflation.

The US Retail Sales report may generate a bullish reaction in the Dollar as the update is expected to show a pickup in household spending.

Stocks took a breather last week and next week will be about seeing whether a consolidation pattern will form or larger retracement develops.

After printing all-time highs at the start of the week, BTC and ETH have given back most of this week's gains but the longer-term technical outlook remains positive.

CAD/JPY remains in a bull flag formation as USD/CAD sees the US Dollar take over after a really strong week in the USD.

The Australian Dollar weakened during the week as the fall-out from US CPI sent US yields higher, bidding up the US Dollar. Will AUD/USD find a base?

Rising inflation has supported Gold and Silver's recent rally but USD strength and rising yields push precious metals back towards key levels.

FX markets pay attention to blowout US CPI, causing USD to rip higher. However, major USD pairs appear overextended at current levels.

The headline print is the lowest level in a decade with the UofM reporting that higher inflation was weighing on Americans.

Fintwit has been relatively quite this week but key themes still hold sway within financial markets. Brent crude, SPX and GBP/USD all turned lower this week but is this just…