De-escalation of Trade Tensions, Dovish Fed Comments, Alphabet Earnings Boost Appetite

Natural gas under the bearish pressure Likely to fall to support level 2.200 Natural gas is under bearish pressure after the earlier breakout of the key support level 2.600 (which stopped the previous medium-term ABC correction (4) from the end of May). The breakout of the support level 2.600 coincided with the breakout of the […]

Gold prices rebounded, crossing 2,620 USD per troy ounce on Tuesday, as the US dollar weakened, and investors sought clarity on the Federal Reserve’s monetary policy direction. The likelihood of a Fed rate cut in December currently stands at 59%, reflecting a slight decline from previous days. Market participants also closely monitor potential cabinet picks […]

At today’s monetary policy meeting the BoE cut the Bank Rate by 25bp to 4.75%, as was widely expected. In line with our view, the BoE delivered a hawkish twist to its guidance emphasising their gradual approach to reducing the restrictiveness of monetary policy. We think this supports our base case of the next cut […]