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Fundamental Analysis

ASX Surges On RBA QE3 Expectations
ASX Surges On RBA QE3 Expectations

RBA Minutes Hint At QE3The minutes of the RBA June meeting were more dovish than many were expecting. While the bank acknowledged the global recovery underway and the improvements within the domestic...

Fed Meeting Impact will Likely to be Short-lived and Here is wh
Fed Meeting Impact will Likely to be Short-lived and Here is wh

Greenback holds position on Monday after the short-squeeze last Friday. Gold resumed its plunge while nominal yield on long-dated US debt (Treasuries) remained subdued – in overall this suggests that...

Precious Metals Monday 14-06-2021
Precious Metals Monday 14-06-2021

GoldThe gold market has started the week under heavy selling pressure as a result of the strength in USD late last week. The greenback was turned higher in response to a better than expected CPI print...

Key Economic Events and Reports for the Week Ahead
Key Economic Events and Reports for the Week Ahead

The key event next week is undoubtedly the Fed meeting on Wednesday. There is some disagreement in the market as to whether there will be hints of an earlier slowdown in QE or not: heightened...

Russia Hikes key Rate, Boosting Investment Appeal of Ruble Assets
Russia Hikes key Rate, Boosting Investment Appeal of Ruble Assets

The Bank of Russia at the meeting on Friday raised its key rate by 0.5 percentage points - up to 5.5%. The Board of Directors of the Central Bank explained that the Russian and world economies are...

Two key Targets in USDRUB for the Summer
Two key Targets in USDRUB for the Summer

The ECB disappointedeuro bulls on Thursday, as it said it would maintain high level of monetarystimulus in 3Q. It was expected that the ECB will announce that it will soonbegin to reduce the use of...

EIA Data was a Surprise for the Market, Casting Doubts on US Demand Strength
EIA Data was a Surprise for the Market, Casting Doubts on US Demand Strength

Oilprices came under pressure on Wednesday; WTI struggled to stay above the $70mark. The catalyst for the decline was bearish EIA report on commercial oil andrefined products inventories in the United...

To Taper or To Not Taper Early? US May Inflation Report Should Help the Fed Make Up its Mind
To Taper or To Not Taper Early? US May Inflation Report Should Help the Fed Make Up its Mind

Oil prices rose on Tuesday continuing to develop modest upside momentum on Wednesday. WTI has broken the $70 per barrel mark for the first time since October 2018. The API data indicated a 2.11...

GBP Higher on Hawkish BOE Comments
GBP Higher on Hawkish BOE Comments

GBP has seen a fresh wave of buying across the European morning on Wednesday in response to comments made yesterday by the Bank of England’s chief economist Andy Haldane. Speaking with a London radio...