Fundamental Analysis

The Fed's rate decision last week sent a shock to the system that has left the dollar stronger on the back of a somewhat shaky outlook. The yield on US debt rose on the expectation that interest rates will be higher in the coming months.…
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The USDJPY rose dangerously close to the 150 level over the weekend, which has sparked renewed speculation that Japanese authorities will do something to prop up the yen. BOJ Governor Kazuo Ueda spoke on Monday but didn't provide any…
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Elasticity of supply isn't something that you hear much talk about when it comes to gold. In fact, one of the selling points of gold is that it is so rare that the amount in the world is kind of fixed. That means it holds its value better…
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After the markets get shaken around by major economic events such as the four largest central banks holding meetings, there is one final major risk event before the weekend. The flash PMIs generally don't affect one currency in particular…
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The BOJ is not expected to change its policy when it meets on Friday. But the recent comments from the Governor, Kazuo Ueda, have shaken up the market a bit. That has led to increased speculation over the meeting. Additionally, the…
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Over 97% of traders expect the Fed to hold rates unchanged when the FOMC two-day meeting concludes tomorrow. The vanishingly small number of dissenters are betting on a quarter-point hike. That means that the bulk of the focus for this…
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There is a pretty solid consensus that the BOE will hike when it meets on Thursday. But there is a major caveat for those projections: The UK will release its all-important CPI figures the day before the meeting. If inflation is…
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Next week, the economic news cycle is going to be dominated by the big central bank events, such as the FOMC meeting. But some of the smaller data points could get missed in the shuffle. Among them, some potentially good news for commodity…
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Earlier in the week, OPEC released its monthly report, which included forecasts for next quarter's demand and supply. According to the cartel, demand in Q4 will exceed supply by over 3M bbl. That explains the recent increase in oil prices.…
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Yesterday, it was reported in the financial press that even the members of the Monetary Policy Committee don't know what will happen at tomorrow's ECB rate decision. The Financial Times classified the meeting as the hardest to predict since…
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