Copper Price Rebound Soars with Strong Momentum as PBoC Takes Action to Lower Chinese Borrowing Costs by Vinit Makol · June 14, 2023 · no comment Amidst an encouraging copper price rebound, the market has witnessed a remarkable resurgence, driven by improved sentiment stemming from the People's Bank of China's (PBoC) decision to lower short-term lending ... 0 shares
US Dollar Declines Prior to Crucial Fed Decision, DXY Levels Under Scrutiny by Vinit Makol · June 14, 2023 · no comment The US dollar, as measured by the DXY index, is facing downward pressure as traders eagerly await the crucial Federal Open Market Committee (FOMC) decision. Market participants are closely monitoring ... 0 shares
EURAUD Faces Critical Test as Bears Stage a Comeback by Vinit Makol · June 13, 2023 · no comment EURAUD, the currency pair comprising the euro and the Australian dollar, is currently undergoing a crucial phase as bears regain control, leading to a potentially significant market shift. The recent ... 0 shares
Gold Price Outlook: CPI Data and Fed Policy Decision Bring Uncertainty by Vinit Makol · June 13, 2023 · no comment As uncertainty looms over the gold price outlook, the financial markets have been closely monitoring the release of important economic data and eagerly awaiting a highly-anticipated policy decision by the ... 0 shares
Oil Prices Plummet Despite Saudi Production Cut, Approaching Multi-Week Lows by Vinit Makol · June 13, 2023 · no comment Oil prices have been facing persistent downward pressure, continuing their post-OPEC+ slide and approaching multi-week lows, despite the recent Saudi oil production cut. The announcement of a one million barrels ... 0 shares
The European Central Bank’s Unstoppable Interest Rate Hikes Strengthen Eurozone Economic Outlook Amid Recession by Vinit Makol · June 12, 2023 · no comment As the Eurozone grapples with a surprise recession, the European Central Bank (ECB) stands firm in its commitment to combat inflation through a series of interest rate hikes. Despite the ... 0 shares
Australian Dollar Fundamental Bias Breakdown: Factors Shaping AUD/USD Direction by Vinit Makol · June 12, 2023 · no comment The Australian Dollar (AUD) is a currency influenced by various factors that shape its direction against the US Dollar (USD). To comprehend the fundamental bias of the AUD/USD exchange rate, ... 0 shares
Critical Alert: Escalating Risk of US hard landing after Fed’s Uncompromising Rate Hikes, Cautioned by Cam Harvey by Vinit Makol · June 10, 2023 · no comment The odds of a US hard landing are on the rise, according to Campbell Harvey of Research Affiliates. The Federal Reserve's persistent battle against inflation through interest-rate increases has heightened ... 0 shares
Cryptocurrencies Face Renewed Pressure as Interest Rate Hikes and SEC Lawsuit Take a Toll by Vinit Makol · June 10, 2023 · no comment Cryptocurrencies, including Bitcoin, find themselves under renewed pressure as market dynamics shift, bringing potential challenges to the digital asset space. Bitcoin is currently trading near $26.4K, experiencing a 1.5% decline ... 0 shares
Inflation Report 2023: UK’s Soaring Inflation Rate Triggers Concerns and Economic Challenges by Vinit Makol · June 9, 2023 · no comment The latest inflation report highlights the UK's anticipated role as a frontrunner in the inflation rate race among advanced economies. According to the data, the inflation rate in the UK ... 0 shares