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Markets A cautious risk sentiment still dominated (equity) trading today. Macro data probably won’t be a major factor in deciding whether this move has to continue or how far it should go. Still some of today’s data are worth mentioning. Final EMU PMI’s almost by definition are no market movers. Even so, the headline composite […]

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07/11/2025

Dollar Risks Losing Support from Tariff Revenues

The US risks losing tariff revenues. The American labour market is cooling down. EURUSD may rise to 1.21. The pound rose but remains under pressure. The US dollar retreated against major world currencies after further evidence of labour market weakness and a decline in Donald Trump’s chances of winning in the Supreme Court to 20%, […]
22/08/2024

WTI Futures Fall to a 7-Month Low

WTI futures drop to their lowest level since January 17 Momentum indicators are heavily tilted to bearish side  WTI oil futures (October delivery) have been in a steady retreat following their rejection at the 200-day simple moving average (SMA) in mid-August. On Wednesday, the price fell to a fresh seven-month low before finding its feet a tad above the […]
07/02/2025

WTI Crude Oil Wave Analysis

WTI Crude oil broke support zone Likely to fall to support level 68.00 WTI Crude oil recently broke the support zone between the support level 72.60 (which has been reversing the price from the start of January) and the 50% Fibonacci correction of the previous upward impulse from December. The breakout of this support zone […]