Fundamental Analysis

Focus today remains on euro area inflation following the country releases on Friday. These figures were stronger than expected and we now look for euro area headline and core HICP inflation to have re...
Fundamental Analysis

Oil enjoyed a very bullish close to the week with both Brent and WTI climbing some two percent, with both closings comfortably above their respective 100-day moving averages. A combination of factors ...
Fundamental Analysis

US Dollar index is now net short for the first time since June 2014. The Canadian Dollar saw the largest week change of net positioning (+18.6k) which saw an increase of 10.4k long contracts and -8.2k...
Fundamental Analysis

There remains real appetite to sell the USD even after the brash dollar sell off post-FOMC as it's becoming evident to all the Greenback has problems, and the can of worms is barely open. The Dovish F...
Fundamental Analysis

As we expected, economic growth bounced back in the second quarter, up 2.6 percent after a downwardly revised 1.2 percent growth in Q1. There were few surprises; personal consumption, nonresidential i...
Fundamental Analysis

It was a good start to the week for U.S. equities, with stock prices boosted by another round of strong earnings reports. Consumer discretionary and staples led the sectors in performance, a reflectio...
Fundamental Analysis

As we approach the end of another exciting week in the markets, gold is finding itself at levels not seen since mid-June. At a good $1268 per troy ounce, the yellow metal is now up for the third strai...
Fundamental Analysis

The aggressive move higher in EURCHF has FX traders buzzing. Despite rumours of M&A flows and mixed Swiss economic data there was really no fundamentals event trigger driving the move. While the t...