CitiEuropean OpenEaster holiday preparations frame a week, where markets trade on the heels of Sunday’s French Presidential election and updates from major central banks.ECB’s meeting follows Eurozone...
Daily Market Outlook, April 11, 2022
Daily Market Outlook, April 11, 2022 Overnight HeadlinesFed’s Mester Sees Inflation Rate More Than 2% In 2023US To Supply Ukraine With ‘Weapons It Needs’ Vs RussiaChina Inflation Beats Forecasts On...
Market Spotlight: USDCAD Double Bottom
USDCAD Reversal on Watch The combination of lower oil prices this week and fresh hawkishness from the Fed has fuelled a sharp reversal in USDACD. The pair has seen strong reversal candles off the...
USDCAD, H4 | Potential Bearish Drop
Type: Bearish ReversalKey Levels:Resistance: 1.27021Pivot: 1.25985Support: 1.24267Preferred Case:With price expected to reverse off the stochastics indicator, we have a bearish bias that price will...
Market Spotlight: USD Demand Ramps Higher on Bullard Comments
Bullard Ups The Stakes The US Dollar has received further support into the end of the week following hawkish comments from Fed’s Bullard. Following on from Brainard who, earlier in the week, voiced...
Investment Bank Outlook 08-04-2022
Credit AgricoleAsia overnight Global risk assets are haunted by the dual threat of tighter global financial conditions courtesy of the hawkish Fed and global growth fears. And, while the concerns...
Daily Market Outlook, April 8, 2022
Daily Market Outlook, April 8, 2022 Overnight HeadlinesChina’s Covid Zero Policy Defended As Shanghai Cases Top 21,000Japan's Feb Current Account Swings Back To Surplus From Big DeficitBoJ Is Likely...
Market Spotlight: DXY Soars On Hawkish FOMC Minutes
Fed Pushing Ahead in MayThe US Dollar has been higher today on the back of the release of the March FOMC minutes yesterday. The minutes confirmed the hawkish shift within the Fed, revealing members’...
Investment Bank Outlook 07-04-2022
CIBCFX FlowsCross-play dominated the AU$, earlier move to 0.7519 then reversed back. Trade surplus for February narrowed to AU$7.46bn against economists’ forecast of AU$11.65bn. Those numbers had the...
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