Browsing Tag

recession

Markets Await CPI!

David Kindley Aug 14, 2024 13 0

Markets Await CPI! Gold led the way as price action pushed for another record high ahead of today’s CPI news. The economy has weighed on investors recently as fears about a recession grew. Will the Fed have no choice but to cut rates…
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Technical Analysis

Intraday Analysis 09.08.2024

David Kindley Aug 9, 2024 20 0

USDCAD pressured by bearish divergence The greenback continued to struggle as global recession fears linger. Sentiment remains cautious after the pair fell lower and now sees the immediate resistance 1.3700 as a critical price cap. With…
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Fundamental Analysis

The End of the AI Boom, and What It Means for Forex

Daniel John Grady Aug 7, 2024 23 0

The tumble in AI affect forex markets around the weekend exposed some latent weaknesses in global financial markets which had been papered over by, well, greed. CNN's fear and greed index, which tracks risk appetite in the markets, fell to…
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Fundamental Analysis

Can Crude prices Keep Going Higher?

Daniel John Grady Mar 26, 2024 56 0

Crude prices have become increasingly harder to predict, particularly in the medium- to long-term. Analysts have made a series of miscalculations about supply and demand, which has left some traders wondering if new models will be needed to…
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Fundamental Analysis

UK’s GDP, CPI : Recession vs the BOE

Daniel John Grady Feb 13, 2024 41 0

The UK's week-long data barrage continues tomorrow with the release of key CPI figures. That is followed on Thursday with Q4 GDP numbers, shedding light on the state of the UK's GDP and its performance in the fourth quarter of the year.…
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Technical Analysis

Intraday Analysis – EUR Remains Under Pressure

Jing Ren Aug 21, 2023 45 0

EURUSD grinds major support The euro retreats as a fall in Euro zone inflation would ease pressure on the ECB. On the daily chart, the price is grinding July’s bottom at 1.0840 as this is a critical level to keep the bullish momentum…
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Fundamental Analysis

Has the Long-Awaited Recession Arrived?

Daniel John Grady Mar 20, 2023 79 0

Stock markets are falling, oil dropped to prices not seen since 2021 and gold is trending higher. The general symptoms that would be expected as a recession developed. The collapse of three banks in the US, and Credit Suisse not only once…
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Fundamental Analysis

Fed Expected to Hike, But Then What?

Daniel John Grady Jan 31, 2023 88 0

The overwhelming consensus is that the Fed will hike by another 25bps at the conclusion of its meeting tomorrow. With such strong agreement among traders and economists, it's unlikely the rate decision itself will move the markets. That is,…
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Fundamental Analysis

German GDP, Spanish CPI and Can Europe Avoid a Recession?

Daniel John Grady Jan 12, 2023 82 0

Goldman Sachs has been one of the recent major banks to upgrade its expectations for the Euro Zone for the coming year. It had previously expected the shared economy to fall into a recession in the first half of the year. Now, the forecast…
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Fundamental Analysis

OPEC Monthly Report: Does It Mean Crude Is Coming Down?

Daniel John Grady Aug 12, 2022 643 0

Yesterday, OPEC and the IEA provided their monthly reports on the oil industry. What got quite a bit of headlines was OPEC's forecast that crude demand would decrease during the remainder of the year. With both Brent and WTI below the…
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