Even a successful US-Iran peace agreement may no longer be enough to stop the European Central Bank from tightening policy next month. ECB Executive Board member Isabel Schnabel warned today that the energy shock unleashed Read more…
The short‑term Elliott Wave view on Oil indicates that after spiking to $119.48 in response to the war with Iran, prices have moved sideways for several months. The initial decline from that peak to $76.73 Read more…
In focus today Today in Sweden, April PPI figures are released. Together with the NIER survey on Thursday, the print will be a key input in the Riksbank’s assessment of whether firms have started to Read more…
Key Takeaways Global equity markets rallied as optimism over a potential U.S.-Iran peace agreement boosted risk appetite, driving a sharp pullback in oil prices and renewed buying in Asian and U.S. equities. Despite improving geopolitical Read more…
Key Highlights GBP/USD started a recovery wave above the 1.3400 resistance. A rising channel is forming with support at 1.3440 on the 4-hour chart. EUR/USD is struggling to clear the 1.1675 resistance zone. WTI crude Read more…
At first glance, Euro looks healthy this week. Dollar is falling, oil prices are collapsing, and risk appetite is roaring back as markets price the possibility of a US-Iran breakthrough and reopening of the Strait Read more…
Bank of Japan Deputy Governor Shinichi Himino delivered another reminder today that the central bank is still moving toward tighter policy, even as the Middle East crisis complicates the outlook for inflation, bond markets, and Read more…
The Memorial Day session delivered a lot of positive news, creating a strong bullish outlook for the coming trading week. The recent US-Iran draft agreement gave the broader market a major boost, and institutional investors Read more…
WTI Oil is back to early May levels, when initial peace processes were announced, as Trump foreshadowed a reopening of the Strait of Hormuz in 30 days. Crude tumbles 7% in this low-volume session, with Read more…
The dollar fell across the board at the start of the week, pressured by renewed risk sentiment on growing hopes of a deal between the US and Iran to reopen Hormuz strait and prevent deeper Read more…