FX Majors Weekly Outlook (8-12 August)

We finished the last week with a negative catalyst for risk coming from the US labour…

WTI Crude Oil Forecast: Crude Oil Finally Breaks Down

The West Texas Intermediate Crude Oil market has finally broken down during the trading session on Thursday as…

Food prices fell again in July, UN says

UN-sponsored food deal pushes prices down The UN Food Agency’s world price index fell again in…

ETH/USD Forecast: Ethereum Continues to Drift Lower

Ethereum continues to look vulnerable as we have drifted lower yet again. Ethereum has recently seen…

US June consumer credit outstanding +40.15B vs +25.0B expected

Prior was +22.35B (revised to $23.79B) Revolving +14.8B Non-revolving +25.36B Consumers continue to borrow, despite rising…

WTI Crude Oil Forecast: Price Plunges Again

The West Texas Intermediate Crude Oil market initially tried to rally Wednesday but then plunged quite rapidly.As demand…

Germany June factory orders -0.4% vs -0.8% m/m expected

Prior +0.1%; revised to -0.2% German industrial orders were seen softer in June, though not as…

OPEC+ reportedly likely to consider „modest increase” in output

The JMMC meeting is said to have started and OPEC+ are believed to be discussing an…

RBA NO LONGER WITHDRAWING “EXTRAORDINARY” SUPPORT – ANZ

Analysts at Australia and New Zealand (ANZ) banking group offer their afterthoughts on the Reserve Bank…

UK July Nationwide house prices +0.1% vs +0.3% m/m expected

Prior +0.3%; revised to +0.2% House prices +11.0% vs +11.5% y/y expected Prior +10.7% A modest…