CRUDE OIL PRICES OUTLOOK Oil prices extend losses for the second consecutive day, reversing most of Monday’s rally Despite the recent pullback, geopolitical tensions in the Middle East create a constructive backdrop for energy markets. This article looks at the key technical levels for oil to keep an eye on in the coming days. Trade
© Reuters. By Nell Mackenzie LONDON (Reuters) – Hedge fund Eisler Capital posted a 4.17% positive performance for the year to end-August, it said in a letter to investors, benefiting from a basis-trade strategy that has regulators worried about financial stability risks. According to the letter seen by Reuters, basis trades have been a part
POUND STERLING ANALYSIS & TALKING POINTS UK GDP changes grim UK economic outlook. US PCE price index in focus later today. GBP/USD pulls out of oversold territory (RSI). Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound found some respite this Friday morning from both the US dollar and
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nikkei 225, Analysis and Charts FTSE 100 still tries to push ahead Last week the FTSE 100 outperformed its European and US counterparts by ending the week up 0.2% and not in the red like the others as the index benefitted from the
The major European indices rebounded into the close and in doing so moved into positive territory. A snapshot of the market closing levels shows: German DAX, up 10.35 points or +0.07% Frances CAC, up 15.14 points or +0.21% UK’s FTSE 100 up 4.93 points or +0.07% Spain’s Ibex up 14.20 points or +0.15% Italy’s FTSE
Eurostoxx +1.1% Germany DAX +0.9% France CAC 40 +1.3% UK FTSE +0.8% Spain IBEX +0.8% A good start for European stocks but this comes after the strong dip buying in Wall Street yesterday. The overall mood is also keeping steadier today with S&P 500 futures seen up 0.15% at the moment. In FX, the dollar
Stoxx 600 daily Closing changes: Stoxx 600 +0.3% German DAX +0.4% FTSE 100 +0.5% French CAC +0.8% Italy MIB -0.2% Spain IBEX +0.7% Weekly: Stoxx 600 -2.5% German DAX -2.5% FTSE 100 -1.6% French CAC -2.1% Italy MIB -2.9% Spain IBEX -3.2% It was a rough week but there was something of a silver lining
Major US stock indices are off to a positive start. Earnings overnight came in better than expectations and that has been the trend this week (generally speaking). The prices are rebounding as well after yesterday’s decline which saw the Dow industrial average snap its 13 day winning streak. All good things have to come to
S&P 500, Nasdaq Analysis Recommended by Richard Snow Get Your Free Equities Forecast Markets Brace for the Fed’s Rate Decision Market participants eagerly await the FOMC statement and press conference where we will hear form Jerome Powell as he answers questions around the terminal rate and whether or not we’ll see further hikes from here?
GBP/USD and EUR/GBP Latest Analysis, Prices, and Charts GBP/USD pushing back above 1.2900 in thin pre-FOMC turnover. EUR/GBP stalls as support levels near. Recommended by Nick Cawley Download our Brand New Q3 GBP Guide Sterling has bounced off Monday’s 1.2798 swing low and is pushing higher against the US dollar ahead of the latest Federal
