• Global market relief may be short lived

    The unpredictability the North Korean leader remains the main risk factor and this will be reminded to us through out the medium term outlook. of the decisions of the North Korean leader remains a risk factor that can repeatedly remind itself of itself in the medium term.

  • Are the disappointing statistics the end of the USD leadership?

    European and Asian indices are trading in a negative territory due to the USA and North Korea escalated tension. The main beneficiaries of this situation are defensive assets, including the Yen, the Swiss franc, and Gold.

  • No more rate hikes this year?

    The current rise in Gold prices suggests that participants are less likely to believe in a third rate hike this year. In the light of this information postponing the rise to the next year is undoubtedly a bearish signal for the Dollar.

  • Is Euro is setting a global trend?

    Yellen’s speech is likely going to pay attention to the inflation halt, external market risks, as well as the White House turmoil. This all calls the promised fiscal stimulus into question.

  • Are the EUR/USD corrections on their way?

    Today the report on PMI activity in Germany and the Eurozone turned out to be worse than expected. Coupled with the sluggish inflation dynamics in the Euro zone and a rather illogical rise after the ECB meeting, this all suggests that the European currency is overvalued and is waiting for corrections.

  • Gold takes a step forward

    The Dollar is falling, as Mario Draghi is giving a hawkish market rhetoric, even though ECB is playing their cards close to their chest.

  • What state is the Oil market in?

    According to the forecast of EIA, shale production in August will increase by about 100K barrels. Comparing the production dynamics in the US and the OPEC countries with unlimited production, the latter significantly contribute to the glut of the market.

  • Should you be careful with the Euro?

    It seems that the RBA does not seem eye to eye with the market on the monetary support. Investors are likely to “sell” the Central Bank rate increase at the next meeting. At the same time the AUD/USD continues to conquer the peaks.

  • Is Canada trying to take the lead in the Oil production?

    Canada has the third largest Oil reserves in the world and is able to increase the hydrocarbon production, jeopardising the implementation of the OPECs agreement aimed to restore the balance on the Oil market.

  • The European currency is on a hike

    Investors hurry to take a comfortable position about the Euro before the ECB makes a global turnaround in the monetary policy. On Wednesday, the common currency is going to test the level 1.14.

  • Top market movers for the week ahead

    Monday, June 26, 2017 – German Ifo Business Climate Index (Jun), Core Durable Goods Orders (MoM) (May)(USD). Tuesday, June 27, 2017 – CB Consumer Confidence (Jun) (USD). Wednesday, June 28, 2017 – Pending Home Sales (MoM) (May)(USD), Crude Oil Inventories. Thursday, June 29, 2017 – Retail Sales (YoY) (May)(JPY), HIA New Home Sales (MoM) (May)(AUD), GDP (QoQ) (Q1) (USD). Friday, June 30, 2017 – Manufacturing […]

  • BoJ’s comments weight on yen, while euro is stable on ECB’s economic outlook

    The yen trimmed gains, following the comments of BoJ’s official Kikuo Iwata, raising doubts over the central bank’s need to raise interest rates in order to bring down the policy divergence to normal levels. “I absolutely do not think it’s time to begin stimulus cuts by raising rates”, said Kikuo Iwata, speaking on a business […]

  • Where is the Euro heading?

    Markets are keeping an eye on the European currency, as there is the potential for global growth. Currently, strong economic data is putting a lot of pressure on the ECB. Where will the Euro lead the growing divergence of the ECB policy and inflation expectations?

  • Will the living quality in the UK decline?

    The Pound recovered after the strongest drop in several months, despite a report pointing towards the accelerating consumer inflation. Bank of England has already warned people that the living standard will decline

  • Pessimism on the Oil market is growing

    Oil prices resumed their declines after a 5% drop on Wednesday, as the EIA reported an increase in the commercial inventories of the US. Meanwhile, the ECB keeps the rates unchanged.