Fundamental Analysis

The dollar has gained over the last three sessions despite no significant advances in reopening the US government. Meanwhile, safe-haven demand has surged, pushing the price of gold above the $4,000 mark. It seems counterintuitive that the…
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With the US government shut down, the Fed has a larger role to play in the Forex market. That makes Wednesday's release of the minutes from the September meeting all the more important. Traders will be closely watching for signs that the…
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Markets had a strong reaction after the election in Japan over the weekend, with the USDJPY moving above the 150 handle for the first time in months. More importantly, it may signal that the yen will weaken in the coming months, possibly…
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OPEC+ will hold its monthly meeting to decide oil production quotas for its members over the coming weekend. There is rampant speculation that it will increase supply once again, amid economists' warnings that the global crude market is…
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The government shutdown in the US has disrupted the economic calendar. Many of the most critical data points tracked by the markets are compiled by the government, which is nominally not working. Some of the data may be delayed, and its…
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Gold has had a stellar run this year, gaining 48% since January 1st, and is on track to have the best gains since 1979. While this is positive for gold bulls, it is somewhat concerning for the rest of the market. The late 70s and…
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The US government is once again facing the very real possibility of shutting down on Wednesday, October 1st. That is, unless a last-minute agreement in Congress is reached that could avert the shutdown. However, with both Republicans and…
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Markets are essentially anticipating the ECB to stay on the sidelines for the rest of the year. But that might change at any moment if the data comes in as a surprise. Last month's inflation was bang on the ECB's target of 2.0%. President…
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Perceptions about what the outlook for rates in Australia are have shifted substantially since the last RBA meeting. Even policy setters themselves have changed their position. This has left markets more vulnerable to a surprise at next…
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In the aftermath of the Fed's most recent rate cut, markets were fairly confident that rates would continue to decline. Since then, some of that optimism has faded. Part of that can be attributed to Fed Chair Jerome Powell's comments on…
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