Markets Russia yesterday moved to a next phase in the war of retaliatory economic sanctions, cutting of gas supply to Poland and Bulgaria as they refuse to pay in ruble. However, the market reaction was ‘remarkably’ guarded. Risk sentiment even improvement after yesterday’s outright risk-off session. European equities trade with modest gains (0.0%/0.5%). US indices […]
The post Sunset Market Commentary appeared first on Action Forex.
Market picture Crypto market capitalisation has returned to below $3 trillion to $2.95 trillion, losing around 0.8% in the last 24 hours and down 1% in seven days. The selling looks like short-term profit taking Read more…
We expect the Fed to maintain its monetary policy unchanged in the May meeting, in line with consensus and market pricing. The Fed will not publish updated economic projections. While we expect the Fed to Read more…
As shown on the XBR/USD chart, Brent crude oil opened this Monday morning around $59.00, forming a bearish gap relative to Friday’s closing price of approximately $61.40. The current Brent crude oil price is near Read more…