English

Fundamental Analysis

Precious Metals Monday 08-11-2021
Precious Metals Monday 08-11-2021

GoldThe yellow metal has commenced the new week on a slightly softer footing, seeing some selling across the European open, on the back of solid gains on Friday. The rally in gold came despite a...

Key Economic Events and Reports of the Week Ahead
Key Economic Events and Reports of the Week Ahead

The October NFP report came roughly in line with expectations. Wage growth, as the data showed, came in line with forecasts, consequently there was no space for the markets to speculate about...

OPEC+ is in no Hurry to Boost Output
OPEC+ is in no Hurry to Boost Output

The OPEC+ alliance decided to boost output by previously agreed 400K bpd despite calls from the United States to ramp up production faster in order to limit upward pressure in energy prices.OPEC+...

The Dollar Will Likely Extend Gains Next Week. Here is Why.
The Dollar Will Likely Extend Gains Next Week. Here is Why.

The unexpected decision of the Bank of England to go against the market consensus and leave interested rate unchanged not only led to Pound collapse, but has also undermined the belief of market...

Inflation Risks May Force the Fed to be More Aggressive in Policy Tightening
Inflation Risks May Force the Fed to be More Aggressive in Policy Tightening

The Dollar trades near the opening on Wednesday ahead of the Fed meeting. The US central bank is widely expected to announce the start of pandemic-era QE tapering. However, the pace of tapering is...

Dollar Takes Respite Before the Fed
Dollar Takes Respite Before the Fed

The RBA announced that it abandons yield curve control atthe meeting on Tuesday in light of significant inflation improvements. The newshowever failed to bolster hawkish AUD bets, as at the same time...

USD may Extend the Rally on the FOMC Hawkish Surprise
USD may Extend the Rally on the FOMC Hawkish Surprise

The dollar rose sharply on Friday, breaking through a corrective channel and bouncing off a key bullish support line (scenario discussed on Friday):One of the key drivers of the rally was the US...

Key Economic Events and Reports for the Week Ahead
Key Economic Events and Reports for the Week Ahead

Next week, markets will undoubtedly focus on two key events - the FOMC decision and release of the Non-Farm Payrolls report. The Fed meeting will take place earlier, on Wednesday, that’s why the...

ECB: Higher but Still Temporary Inflation Ahead
ECB: Higher but Still Temporary Inflation Ahead

EU inflation in the coming years will be higher than previously estimated and only slightly below the ECB target of 2% in 2022, showed on Friday the ECB poll, which is one of the main sources of...