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Bitcoin Technical Analysis – We are at a key trendline

September 20, 2023

Bitcoin might be stuck in a major range between the 25231 support and the 31044 resistance as the uncertainty around the future outlook is now …

Central Banks

ECB’s de Cos: Risks to inflation in the euro area are now balanced

September 20, 2023

Sure, now that they have moved to pausing then all of a sudden the risks have turned to being more “balanced”. Central bankers and politicians. …

Technical Analysis

Copper Technical Analysis – We are at a key support

September 20, 2023

Copper continues to trade within a major triangle as the uncertainty around the global economy remains high. In fact, on one hand we have the …

Technical Analysis

USDCHF Technical Analysis – Watch this key support

September 20, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …

Technical Analysis

WTI Crude Oil Technical Analysis – Time for a correction?

September 20, 2023

Crude Oil surged to new highs as the supply side got squeezed even more by resilient demand and more production cuts. In fact, the OPEC …

Technical Analysis

GBPJPY Technical Analysis – Breakout or Fakeout?

September 20, 2023

UK: The BoE hiked by 25 bps as expected at the last meeting. The central bank seems to be leaning more on the less hawkish …

Central Banks

PBoC official says there is a solid foundation to keep yuan exchange rate basically stable

September 20, 2023

Comments from a People’s Bank of China official at this press conference: China’s NDRC Vice Chair: macro polices effective, still challenges, striving to hit target …

Central Banks

UK CPI data is due Wednesday, 20 September 2023 – danger of higher than expected?

September 20, 2023

Hot on the heels of the higher than expected Canadian CPI comes UK data later today; Canada August CPI 4.0% versus 3.8% expected For the …

Market Outlook - Asian Market

Asia Day Ahead: Sentiments on hold for Fed meeting, China’s loan prime rate in focus

September 20, 2023

Further de-risking took hold of Wall Street, as the usual caution persisted ahead of the FOMC meeting. Treasury yields resumed their ascent to retest their …