Federal Reserve: FOMC Announces Taper at November Rate Decision
The Federal Reserve announced a start to tapering asset purchases at today's rate decision, a move that was well-telegraphed ahead of time.
Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Sep 15, 2021 when Oil – US Crude traded near 7,247.30.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bearish contrarian trading bias.
USD/JPY Trades in Bull Flag Formation Ahead of FOMC Rate Decision
USD/JPY may attempt to break out of a bull flag formation if the Federal Reserve starts to scale back monetary support.
Markets Around the November Fed Meeting – The Macro Setup
The taper announcement has finally arrived. How will US stocks, gold, and the US Dollar react?
US ISM Services Data Posts Positive Surprise, Beats Estimate
US ISM data for the services sector showed a massively improved economic environment. Prices continue to rise but employment lags
GBP/USD Technical Outlook: Levels & Lines to Watch
Cable is coming off support at the moment, continuing to watch how that unfolds; down lower lies a much larger test should we see a bit more weakness.
Gold Slides as Markets Mull Over Timeline Between Taper and Tightening
Bullion has slipped of recent on the back of an expectant hawkish Fed. Specifics around the Fed’s announcement later today should prompt XAU/USD to confirm a bullish/bearish bias either side…
S&P 500, Dow Jones & Nasdaq 100 Forecast: Outlining Opportunity
The market continues to levitate and may do so for a while longer, but the risk of a pullback rises with each day; we look at a way to handle…
Bank of England Preview: How Will The Pound (GBP) React
Bank of England rate hike a close call. Aggressive market pricing raises bar to surprise on the hawkish side.
Crude Oil Outlook: Oil Prices Slump as API Inventories Rise Ahead of OPEC+
Oil prices give back a portion of their recent gains as inventories rise according to the API report. FOMC and OPEC+ remain at the forefront of risk sentiment for now.