Fundamental Analysis

Financial markets are in increasing disarray as the war in the Middle East drags on. Possibly, some of last week's losses were tempered by hopes that the situation would be resolved quickly. But, after US President Donald Trump signalled…
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The Euro(EURUSD) could be particularly vulnerable to the long-term effects of the US-Israeli attack on Iran, as markets reposition to price in a global supply-side inflation shock. The EURUSD keeps trying to break lower as Eurozone assets…
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Markets will be looking at the major data release for the week on Friday, and will take a break from geopolitical news to focus on something more familiar: market risk around US jobs numbers. January's NFP came in surprisingly strong, but…
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Markets will be looking closely at Wednesday's release of PMI figures, with China and Europe top of mind for many traders. The data provides the most up-to-date snapshot of the economic situation in each country, which could become a…
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Markets are still reacting to the US-Israel attack on Iran that started over the weekend, right in the window that had been anticipated. Crude prices jumped at the open, as was to be expected, given that the market hadn't priced in the risk…
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The tensions in the Middle East have generated some interesting patterns in crude and gold prices. Oil has been more volatile, as might be expected given that it is more directly impacted if war breaks out along the Strait of Hormuz. But…
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For months, the ECB's mantra has been that inflation and, therefore, monetary policy are in "a good place". This has led the market and economists to expect no rate changes in the Eurozone this year. However, inflation is starting to move…
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The yen(USDJPY) fell to a two-week low on Wednesday amid changes in the BOJ's board and ahead of Tokyo inflation figures later in the week. Meanwhile, the Aussie dollar jumped after hotter-than-expected inflation raised the odds of more RBA…
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Markets are still processing the effects of last Friday's Supreme Court ruling that ended the "reciprocal" tariffs that sparked the global trade war. The Trump Administration also seems to still be adjusting to the new legal landscape,…
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Markets are giving mixed reactions to Friday's US Supreme Court ruling invalidating the "Liberation Day" tariffs imposed by US President Donald Trump last April. The initial reaction was positive, with a surge in risk appetite. But after…
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