The stock market selloff may have been overdone and exaggerated given this quarter’s ‘triple witching’ event. The expiration of stock futures and options may have accelerated the selling pressure leading up to today. ? It has been a painful week on Wall Street as inflation has forced many central banks to become more aggressive with outlining their monetary tightening plans that will lead to significant slowdowns for their respective economies. ? The Fed, ECB, SNB, and BOE are all poised to continue to tighten financial conditions throughout the summer. ? Financial conditions are tightening, credit risks are rising, and liquidity risks are percolating. Endless liquidity is no longer going to support large parts of the economy. The housing market is cooling, economic weakness is hitting both manufacturing … [Read More...]

Market Insights Podcast (Episode 342)
Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss the carnage on Wall Street, while recapping the Fed, SNB, BOJ, ECB, and BOE meetings and discuss the crypto markets. They also discuss what the week ahead has in store for financial markets. [Read More...]
Market Insights Podcast (Episode 314)
Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to the latest nonfarm payrolls report, recapped the first quarter performance in equities and discussed cryptocurrencies. They also discuss what the week ahead has in store for financial markets. [Read More...]
Weekly Forecast/Prediction for Copper Prices
MCX COPPER Gann Angle Chart MCX Copper is at gann price time squaring level should see big move next week. MCX COPPER Plannetary Support and Resistace Line Price closing above Mars Support line heading towards 769/785. MCX COPPER Harmonic Analysis Price heading towards 785/800 till holding 749 COPPER Astro/Gann Trend Change Date 23 Feb Important […] The post Weekly Forecast/Prediction for Copper Prices appeared first on Bramesh's Technical Analysis. [Read More...]
Commodities and Cryptos: Oil hit by profit-taking, Gold vulnerable, Bitcoin steady
Oil Energy traders did not wait long to lock in profits. After a fourth weekly gain, crude prices slumped after oil rig counts delivered their biggest increase in a month and as risk aversion sent the dollar higher. The weekly Baker Hughes rig count rose from 503 to 512, a 1.8% increase. Earlier, oil prices were under pressure on expectations that Russia’s fourth quarter crude exports will increase 3% from the prior quarter. Russia won’t hesitate increasing production and this could lead to a return of tension at the OPEC+ output meetings. WTI crude may consolidate over the next few trading sessions until the trajectory of the dollar is a little clearer. Gold Gold is still in trouble. Gold prices are declining despite a large liquidity add by the … [Read More...]
Bitcoin – Could this be the ultimate answer for investors
Many people have heard the term called Bitcoin on media, but they actually do not know what exactly it is, or how it is tradeable. The derivative gained so much fame lastyear especially, when it was trading near the $13 mark, at year’s start, and touched nearly $1050 on 27th of November, 2017. So what it is this Bitcoin? It is an alternative to all other forms of currencies and just like the currencies, it can also be traded anywhere in the world, and the supply is extremely restricted. The above definition of Bitcoin looks very much like the precious shining metal- Gold. Then, it begs the question, why has Bitcoin been on the rise, while gold was trading in a completely opposite direction. Well for one, … [Read More...]
Oil higher on OPEC, gold edges higher
Oil at fresh two-year highs as OPEC fails to agree Oil prices surged on Thursday after OPEC+ failed to agree to increase oil output. Both oil benchmarks surged more than 2% and are holding onto the lion’s share of those gains in trading so far today. Across the week, oil prices are set to book gains of 1.5% in the sixth consecutive week of hikes. The United Arab Emirates, a key member in the OPEC+ alliance, threw a last-minute spanner in the works, blocking a deal to raise output. The meeting was postponed amid bitter infighting, casting doubt on whether a deal to boost production can be agreed upon and the price of oil contained. If no deal is agreed, the oil cartel could fall … [Read More...]
Week Ahead – Will the bond market remain in a holding pattern?
Financial markets seem to be constantly recalibrating. The economic data is expected to be volatile and that should support the Fed’s patient stance on waiting for enough data to make a clear assessment over pricing pressures and the strength of the labor market recovery. Inflation expectations are weighing on sentiment, but Treasury yields seem like they may be stuck in a holding pattern a little while longer. The front end of the curve is not moving and since expectations are so high for the US economic recovery, the bond market is still mostly counting on disinflationary forces to win out. The focus for the upcoming is heavily tilted to the Fed. The Fed’s April meeting minutes will be released and could provide some clarity over their inflation … [Read More...]
Market Insights Podcast (Episode 185)
Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss inflation and the Fed, the global minimum tax, and why oil prices are rangebound. They also discuss what the week ahead has in store for financial markets. [Read More...]
US Close – Retail trading frenzy sinks major indexes, J&J and Novavax positive vaccine news, Oil’s demand outlook improves, Gold’s volatile…
Unprecedented trading activity over the past week delivered a rare victory to the small retail trader and crushing defeat to hedge funds and giant short-sellers. Wall Street watched in awe as companies with terrible fundamentals saw relentless option buying by retail investors take advantage of a structural weakness in markets. The battle over GameStop is far from over but there have been huge casualties. Citron Research announced that after 20 years of providing short-selling research, they are shifting to focusing on long side opportunities. Some hedge funds required rescue financing and some retail traders mistimed the meteoric rise in many stocks. In a busy trading week that contained a FOMC decision, Apple’s supercycle earnings results, and a plethora of news on the COVID, financial markets remained … [Read More...]
Week Ahead – Focus stays on COVID
Virus rages on, a wrath of Fed speak, US retail sales slower pace, Next week is filled with lots of Fed speak, an expected sixth consecutive increase with US retail sales, and possible COVID-1 vaccine results from Moderna. Financial markets remain fixated on the coronavirus, with much attention falling on the US, which is consistently having fresh records with both daily new cases and hospitalizations, while averaging over 1,000 American daily deaths. Economic activity in the short-term will certainly take a hit as lockdowns return and as parents prepare for schools to close, but financial markets are trying to look beyond the winter wave of the virus. Outbreaks across almost all US states heating up as Biden extends his lead Another Brexit “deadline” nears Oil’s … [Read More...]
OANDA Market Insights Podcast (Episode 114)
Jazz FM Business Breakfast presenter Jonny Hart looks back on the week’s markets news with OANDA Senior Market Analysts Craig Erlam and Ed Moya. This week they discuss Jerome Powell’s grim economic assessment, German recession, UK economy, oil prices and the week ahead. [Read More...]
OANDA Market Insights – Episode 107 (Podcast)
Following another unprecedented week, Jazz FM Business Breakfast presenter Jonny Hart speaks to OANDA Senior Market Analysts Craig Erlam and Ed Moya. [Read More...]
Week Ahead – Fed and BOJ to add more to the punchbowl, Virus disruption, and a fourth week of heightened volatility
A fourth week of heightened volatility will see financial markets continue to focus on the coronavirus spread across Europe and the US. The economic impact of the virus is deepening, and expectations are high for the week ahead to see another wave of massive monetary easing and for governments to inch closer to a fiscal response. The base-case is starting to price in a recession for the US and the length of it will likely determine how long we will see risk aversion remain in place. A lot of attention will fall on the Fed’s rate decision as economists have a wide range of rate cut forecasts that range between a 25-basis point cut to a full percentage point. The downside scenario on the economy appears … [Read More...]
OANDA Market Insights – Episode 98 (Podcast)
OANDA Senior Market Analysts in London and New York, Craig Erlam and Ed Moya, discuss the latest business and market news with Jazz FM Business Breakfast presenter Jonny Hart. On this week’s podcast, Jonny and Craig discuss the outbreak of Coronavirus and its impact on the markets, the ECB and next week’s Bank of England meeting. Jonny is then joined by Ed to preview the Fed meeting and provide an update on US earnings season. [Read More...]
The Week Ahead – BOJ, BOC, and ECB to keep rates on hold as markets focus on global PMI readings and earnings
The debates on how much of an impact the Phase One trade deal will have on the global outlook will continue as market concerns fall on the Davos forum, central bank rate decisions and earnings season. The upcoming week is shortened since US equity and bond markets will be closed on Monday for the observance of the Martin Luther King Jr. holiday. A good amount of attention will fall on Davos, Switzerland as world leaders and the biggest business billionaires will be addressing a wide-range of topics. Disappointing UK PMI data could cement expectations for the BOE to cut rates at the end of the month Euro could stabilize if the Eurozone manufacturing PMI readings have better than expected rebounds Wall Street may finally start fading … [Read More...]
Oil rallies more than 3%, recouping some losses from Trump tariffs comments
Oil prices jumped more than 3% on Friday, a partial rebound from their biggest daily drop in several years on U.S. President Donald Trump’s vow to impose more tariffs on Chinese imports. The tariffs, due to take effect on Sept. 1, intensify the trade war between the world’s top two economies and oil consumers. Any resulting economic slowdown could hurt crude demand. The U.S. crude benchmark gained $1.71, or 3.2%, to settle at $55.66 a barrel, a day after tumbling nearly 8%, the biggest loss in more than four years. Before the slide, crude futures had seen a fragile rally supported by steady drawdowns in U.S. inventories but pressured by a shaky global demand outlook. “The market is still digesting the impact of the tariffs … [Read More...]
Squawk: Hello Everybody My name is Mrs Sharon Sim. I live…
Hello Everybody My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation i will refer any person… [Read More...]
Dollar rally stalls ahead of FOMC, NFP, Trade Talks, and Earnings
The US dollar rallied for most of the trading week, but gave back gains on Friday after the US first quarter GDP strong beat was supported by transitory factors and softer core PCE. The headline showed US economic growth accelerated much faster than the high end of economists’ forecasts. Net trade inventories and inventories were responsible for half the gains of GDP and personal consumption dropped sharply. The kneejerk rally in the dollar was short-lived as rate cut expectations grew slightly. FOMC meeting and Jobs data on tap next week Big tech and Pharma highlight earnings on tap Trade talks continue and China PMIs due Loss of liquidity from Japan’s observance of Golden Week USD What is next for the US dollar? After approaching two-year … [Read More...]
Squawk: Dear Sir/MA We are international financier trust Consultant of worldwide…
Dear Sir/MA We are international financier trust Consultant of worldwide development prime lending’s.We are Specialist of funds loans bank guarantees. We are working with large lending’s… [Read More...]