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Markets All eyes were on Japan. A flopped 20-yr bond auction pushed long-term Japanese bond yields through the roof and immediately raised the stakes for next week’s 40-yr sale. Japan’s fiscal position is a very weak one with its prime minister yesterday calling it even worse than Greece’s. Its huge debt pile is already around […]

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Canada: Falling Gas Prices Mask an Acceleration in Underlying Inflation

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Canada’s Inflation Eases, Canadian Dollar Edges Lower

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25/09/2024

Gold (XAU/USD) Prices Underpinned by Geopolitics, China Stimulus and ETF Flows, $2650 Up Next

Gold prices advance, underpinned by ETF Flows, China stimulus and safe haven flows, Gold ETF flows have been positive, and if this trend continues, it could further support the upward momentum of gold prices. From a technical analysis perspective, gold is in overbought territory, but this may not be a significant obstacle. The psychological $2,650 […]
14/03/2025

Week Ahead – Central Banks in Focus Amid Trade War Turmoil

Fed decides on policy amid recession fears. Yen traders lock gaze on BoJ for hike signals. SNB seen cutting interest rates by another 25bps. BoE to stand pat after February’s dovish cut. Tariffs remain at the top of investors’ agenda The US dollar exhibited a mixed performance this week against its major counterparts as US […]
11/09/2024

GBP/USD O)utlook: Cable Cracks Psychological 1.30 Support After US Inflation Data

GBPUSD accelerated lower after US inflation data on Wednesday and hit the lowest in three weeks, pressuring psychological 1.30 support. US inflation data were mainly in line with expectations, but core CPI showed signs of stickiness, cooling bets for 50 basis points rate cut by Fed and inflating the US dollar. Technical picture on daily […]