Fundamental Analysis

Both the US and Iran acknowledged agreeing in principle to a 60-day extension of the ceasefire, with the formal signing expected on Friday in Switzerland. However, markets seem to be acting as if it's the de facto end of the war. The main…
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The most important data release for cable this week will be the UK monthly GDP data, released on Friday. As global economies face pressure from inflation and central banks turn more hawkish, the variance in economic performance is becoming…
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The ECB is widely expected to raise rates at its monetary policy meeting on Thursday. Markets have already priced in the move, so the decision itself may have little impact. Instead, traders will focus on updated economic projections and…
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The major risk event for the week is Wednesday's US CPI release. This could shift market views on the dollar outlook and move major currency pairs in response. The consensus is for inflation to accelerate. This could initially support the…
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The BOC Bank is widely anticipated to keep the interest rate unchanged at its upcoming rate decision on Wednesday. This would keep the interest rate differential between USD and CAD unchanged and allow the currency pair to fluctuate based…
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The world's largest manufacturing economy continues to show resilience despite geopolitical turmoil weighing on the outlook for other nations. There are two important data releases next week that are particularly relevant to commodity…
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Friday's US jobs numbers are perhaps the most important data release of the week, with gold in particular likely to be affected. Given the uncertainty around the leadership transition at the Fed, markets could be particularly sensitive to…
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Friday's release of key jobs numbers is the last major data point that the BOC(Bank of Canada) will have before its rate decision next week. It could be pivotal in shaping market expectations for monetary policy, potentially changing the…
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The USDJPY has moved towards the 160 level once again, which has triggered BOJ intervention in the past. The question is whether Japanese policymakers will try to force the currency down once again, and how willing the market is to test the…
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China's May PMI figures were released over the weekend, beating estimates despite downward pressure from the Middle East conflict. The immediate market reaction was muted, though it could set up commodity currencies for further gains if…
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