Trade Reviews

Professional and technical analysis on products and past trades

Week ahead: ECB leadership, US Core PCE and payrolls to drive global markets

ECB is facing a leadership reshuffle after Schnabel confirmed she will leave in January, while Lagarde has declined to rule out an earlier departure. In the US, jobless claims remain historically low even as Treasury investors have demanded higher yields for longer-dated debt. Japan is also keeping a close watch on the yen, while renewed diplomatic signals from Iran have opened a new variable for oil markets.

Week ahead: ECB leadership, US Core PCE and payrolls to drive global markets

FTSE 100 signals uncertainty as inflation drives global bond yields higher

The FTSE 100 fell marginally to 10,680 points as surging global bond yields and inflation fears created widespread market uncertainty, while ongoing geopolitical tensions continued to push up key energy prices worldwide.

FTSE 100 signals uncertainty as inflation drives global bond yields higher

Natural Gas advances as Middle East tensions raise supply concerns

Natural Gas futures have surged 157% year-to-date, driven by escalating Middle East tensions, Qatari supply cuts, and impending winter demand across Europe.

Natural Gas advances as Middle East tensions raise supply concerns

USD/JPY analysis: 152 support vs. 160 resistance

The Bank of Japan has started moving more quickly. It raised its policy rate to 1.25% on September 18, only seven weeks after the previous increase, marking the fastest pace of tightening in the current cycle. Earlier moves had generally been spaced much further apart.

USD/JPY analysis: 152 support vs. 160 resistance

Gold maintains its long-term bullish structure despite US dollar strength

Gold continues to sustain its long-term bullish trend, recording a 17.73% year-on-year (YoY) gain. Robust central bank demand and safe-haven buying continue to offset short-term headwinds stemming from a strengthening US dollar and elevated Treasury yields.

Gold maintains its long-term bullish structure despite US dollar strength

Oil price technical analysis: Profit-taking or the start of a deeper reversal?

The oil market started the week with two opposing forces. Washington and Tehran are leaving the door open to diplomacy, while attacks on Saudi infrastructure have cut an important export route. That is why crude has pulled back from its recent highs without removing the supply premium altogether.

Oil price technical analysis: Profit-taking or the start of a deeper reversal?

BoJ raises interest rate to highest level since 1995, yet the yen falls

The Bank of Japan has raised its benchmark interest rate by 25 basis points to 1.25%, reaching a 31-year high. Despite this historic rate hike, the yen weakened against the US dollar as market participants prioritised the Federal Reserve's restrictive monetary stance.

BoJ raises interest rate to highest level since 1995, yet the yen falls

GBP/USD declines as Fed policy turns more restrictive and BoE remains neutral

GBP/USD fell as a restrictive Federal Reserve rate hike contrasted sharply with the Bank of England holding its benchmark interest rate steady at 3.75%.

GBP/USD declines as Fed policy turns more restrictive and BoE remains neutral

Oil price analysis: can Crude hold above $100

The U.S. crude market delivered a bearish signal this week. The API reported a 7.14-million-barrel increase in inventories for the week ending September 11, against expectations for a draw. Gasoline and distillate stocks also increased. Normally, that would put immediate pressure on crude.

Oil price analysis: can Crude hold above $100

10-year Treasury yield reaches multi-year high as US dollar strengthens

The 10-year US Treasury yield has reached the 5.0% mark amid persistent inflationary pressures and mounting sovereign debt concerns. Concurrently, elevated yields and geopolitical safe-haven demand have pushed the US dollar index upwards.

10-year Treasury yield reaches multi-year high as US dollar strengthens