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crude_oil

Copper Capped As Oil Surges
Copper Capped As Oil Surges

Copper Rally Pauses For NowCopper prices remain on watch through the back of the week following the sharp rally we saw on Tuesday which pushed copper futures up by almost 4% on the day. The move has...

Can The ECB Help EURUSD Rally Today?
Can The ECB Help EURUSD Rally Today?

ECB On WatchEURUSD is on watch today as traders brace for the July ECB meeting. The bank is widely expected to hold rates unchanged, in in with recent signalling, but traders will be keen to see...

Crude Rally Gathering Pace
Crude Rally Gathering Pace

Fresh Threats from TrumpCrude oil prices continue to push higher through the middle of the week with the futures market now back above the key 84.60 level. The market is now up around 10% off the...

Copper Higher Amidst Fresh Supply Issues
Copper Higher Amidst Fresh Supply Issues

Falling Copper OutputCopper prices are pushing higher again today as focus returns to the supply issues threatening the sector. A major storm in Chile has disrupted operations are several key mines...

US Inflation Expected To Cool Sharply Today
US Inflation Expected To Cool Sharply Today

Inflation On WatchAll eyes are on the US Dollar today as traders await the June CPI print this afternoon. On the numbers front, the market is looking for headlines annualised CPI to cool to 3.8% from...

Crude Gaps Higher On Fresh US Strikes Against Iran
Crude Gaps Higher On Fresh US Strikes Against Iran

Oil Jumps Off LowsCrude oil priced are on watch today following fresh US military action against Iran overnight. The US attacked more than 80 sites across Iran in response to a recent string of...

FOMC Mins In Focus This Week
FOMC Mins In Focus This Week

 Fed Rate Hike ExpectationsOver a much quieter data schedule this week, focus for the US Dollar will be on the FOMC minutes due on Wednesday. Rate hike expectations have been shifting around since...

Hawkish Fed Shifts Blunts Gold Rally
Hawkish Fed Shifts Blunts Gold Rally

Gold Rally Capped for NowGold prices are caught between two opposing drivers currently. On the one hand, news of the US/Iran peace deal is feeding into bullish gold sentiment via lower oil prices....

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USDJPY Intervention Risks Back in Spotlight

Yen Under PressureUSDJPY is on watch today after warnings from Japanese authorities overnight as the pair returned to the 160 level. The BOJ previously intervened around this level at the end of...