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Crude Oil Forecast: Key Levels Ahead of FOMC and NFP Week
Crude Oil Forecast: Oil’s track to 74 was halted by positive US GDP and declining inventories. What’s next for FOMC and NFP Week?
Crude Oil Forecast: Oil Dives Deeper into its Consolidation
Crude Oil Forecast: Beyond the positive oil outlook of the summer season, GDP figures and clean energy transitions are weighing on oil prices.
Crude Oil Forecast: Key Levels for the Week Ahead
Crude Oil Forecast: Oil is dropping further into its consolidation, following the steep drops of the commodities market
Crude Oil Forecast: Analysis Update
Crude Oil Forecast: oil’s uptrend is facing challenges between resistance levels and inventory changes. What’s next for today’s inventory release?
Crude Oil Outlook: Demand Potential vs OPEC Supply Policies
Crude Oil Outlook: Oil charts are set to gear up this week with a confluence of factors including economic growth metrics, geo-political tensions, inventories, and OPEC policies.
AUD: Dreary domestic economy heightens risk RBA may abandon tightening bias
The largest and most important part of the Australian economy is struggling under the weight of higher borrowing costs, adding to the risk the Reserve Bank of Australia (RBA) may be forced to start lowering policy rates sooner than other central banks, keeping the Australian dollar under pressure.
AUD/USD weekly outlook: AU GDP figures in focus for the RBA
Australia’s economy is slowing, but there’s a chance GDP could come in softer than the RBA’s own forecast. And that could weigh on AUD/USD on renewed RBA-cut bets.
EUR/USD analysis: ECB day arrives with US GDP also in focus
The European Central Bank (ECB) is likely to acknowledge that the current state of the Eurozone economy, with growth hovering around zero, is not great. However, it will probably highlight more forcefully signs suggesting that inflation is not making swift progress towards their 2% target, particularly in light of the persistent pressure on wages.
Canadian Dollar Analysis: USD/CAD Tests 1-Year Highs After Strong US GDP
USD/CAD has rallied each of the first four days so far this week to trade above 1.3800, essentially the pair’s highest level since last October...
The largest economies in the world
What are the top 10 biggest economies in the world? Find out with our complete guide to the economies by GDP, GDP per capita and PPP GDP.
Velocity of money: definition, formula and uses
The velocity of money is calculated by dividing a nation’s GDP by its money supply. The level of velocity indicates how quickly money cycles through households and businesses in an economy.
USD/JPY outlook could change dramatically with key events in focus
With the BoJ and FOMC meetings, and key US data including GDP, Core PCE Price Index and nonfarm payrolls report all to come, the USD/JPY outlook could change dramatically and perhaps multiple times over the next several days.
Sentiment improves as China data boosts hopes of 5% growth
The government’s recent 2023 growth target of ‘around’ 5% seems to be on track according to the NBS, which helped commodity FX and indices rise during the Asian session.