US Crude Oil Starts July With Gains As Markets Look to Increased Summer Demand
Summertime in the northern hemisphere should see increased demand and could mean that production cuts from traditional producers bite harder
Euro and CAC 40 Rally After the First Round of French Elections
The right-wing National Rally (RN) party won the first round of the French parliamentary elections on Sunday but look set to fall short of the 289 seats needed to gain…
Japanese Yen Q3 Technical Outlook: Bulls Ease off as Risk of a Sharp, Sudden Bearish Reversal Build
The yen depreciated notably in Q2 despite direct FX intervention from Japanese officials to strengthen the currency. At the start of Q3, upside risks appear for the yen as the…
Australian Dollar Q3 Fundamental Forecast: Mixed AUD Outlook as China’s Growth Concerns Clash with Resurgent Aussie Price Pressures
The negative knock-on effects from China's economic frailties are likely to be pushed Aside After Aussie inflation Demanded a hawkish Response from the Reserve Bank of Australia
Gold, Silver Q3 Technical Forecast: Gold’s Range intact, Longer-Term Silver Uptrend Under Threat
Gold's trading range and silver's long-term uptrend offer differing outlooks for Q3 but the potential for both to consolidate and trade in a sideways manner remains constructive
Bitcoin Q3 Fundamental Outlook – Short-Term Muddled, Longer-Term Positive
Bitcoin's bullish momentum spluttered in Q2 as spot ETF buying was outpaced by cash sellers. However, Q3 could facilitate a bullish continuation on speculation of further institutional adoption
Crude Oil Q3 Technical Forecast: Narrowing Price Action May Keep Oil Within a Tighter Range in Q3
Narrowing price action and a real reluctance to breakout in Q2 sets the tone ahead of the third quarter. Brent crude and WTI levels to note
Equities Q3 Fundamental Outlook: Bullish Momentum to Slow
The outlook for US indices is still bullish, but headwinds like stubborn inflation data, inflation expectations, a less inclusive rally, and a seasonal consolidation limit the extent that indices are…
British Pound Q3 Technical Forecast: GBP/USD Eyes Q2 Range Support, EUR/GBP Vulnerable
Pound Sterling to start Q3 on the backfoot after the Bank of England put the August Meeting on the Radar for a Potential Cut. GBP emanates vulnerability
US Dollar Q3 Fundamental Outlook: US Dollar to Soften as Fundamental Outlook Eases
US inflation cooled in Q2 as did economic growth, opening the door to a rate cut later this year. US yields have likely peaked, leaving the dollar vulnerable to a…