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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?

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July 28, 2024 03:00 PM
Oil refinery

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.

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July 24, 2024 11:55 AM

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Oil refinery

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

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July 21, 2024 03:00 PM
Oil refinery

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?

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June 26, 2024 10:57 AM
Oil refinery

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.

aus_03

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.

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March 6, 2024 03:01 AM
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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.

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March 3, 2024 02:00 PM

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.

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January 25, 2024 11:28 AM

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...

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October 27, 2023 03:33 PM
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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.

Research

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.

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May 31, 2023 08:45 PM

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.

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April 27, 2023 12:56 PM
Research

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.

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March 15, 2023 04:20 AM