Oil Price Outlook Hinges on OPEC JMMC Meeting
The price of oil may face headwinds ahead of the OPEC JMMC meeting on July 1 as the group appears to be on track to restore production throughout the rest of the year.
Oil Price Outlook Hinges on OPEC JMMC Meeting
The price of oil may face headwinds ahead of the OPEC JMMC meeting on July 1 as the group appears to be on track to restore production throughout the rest of the year.
GBP/USD Drops as BoE Disappoints Calls for Hawkish Surprise
BoE leaves policy unchanged as expected. 8-1 vote split disappoints GBP bulls looking for a hawkish surprise.
EUR/USD Finding Short-Term Resistance Tough to Break, US Data to Drive the Next Move
EUR/USD is struggling to pull back recent losses and further lows may be on the horizon if US data shows inflation becoming increasingly sticky
FTSE 100 Outlook: Trendline Support Becomes Resistance as Momentum Shifts
The FTSE 100 falls below key resistance as bearish pressure increases
Bank of England Preview: How Will the Pound (GBP) React?
BoE to maintain policy settings, while risks lean towards a more hawkish statement.
US Dollar (USD) Price Outlook: Friday's US Inflation Data to Determine Next Move
The US Dollar will likely trade narrowly ahead of Friday’s US core PCE data, the Fed’s favorite measure of inflation, which will likely determine the next major move for the currency.
Natural Gas Forecast: Prices Rise as US Heat Wave Drives Demand Narrative
Natural gas prices have recaptured a key trendline after a major heatwave sent energy demand in the United States soaring.
Gold, Crude Oil Price Forecast: Fed Narrative May be Challenged on US PCE, Durable Goods
Gold and crude oil prices may see volatility in the days ahead with several potentially high-impact events on tap, with PCE looking to cap off the week.
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
The June FOMC is in the rearview mirror, and Fed policymakers are attempting to shape the narrative around what exactly normalization means.