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Forex
Risk of an early halt to Russian gas deliveries to Austria – Commerzbank
The European gas market is in turmoil: after an arbitration court awarded an Austrian energy company a large sum in compensation in a dispute with its Russian…
CNY: Who cares about fundamentals – Commerzbank
This morning's monthly data from China offered both light and shade, with the hope of stabilisation at a low level following the stimulus measures of recent…
Gold: Strong US dollar causes losses – Commerzbank
There are times when the development of the US Dollar (USD) is of secondary importance for commodity prices denominated in dollars, and there are times when…
GBP/USD resumes downside bias after release of US Retail Sales
GBP/USD retreats on Friday after the release of US Retail Sales leads to an appreciation of the US Dollar.
Weak UK GDP growth data further adds to negative…
USD consolidates gains – Scotiabank
The US Dollar’s (USD) sharp, post-election advance has moderated a little today, reflecting some drift in US short rates and perhaps some consolidation in…
Copper price falls below $9,000 despite increasing scarcity of copper concentrate – Commerzbank
The strong US Dollar (USD) continues to weigh on metal prices. Copper slipped below the $9,000 per ton mark this week, Commerzbank’s commodity analyst Volkmar…
USD/CAD: Wider interest rate differential is a major headwind – Scotiabank
The Canadian Dollar (CAD) has edged marginally higher versus a generally softer USD on the session. If markets are recalibrating the USD’s post-election gains,…
GBP/CAD Price Prediction: Vulnerable to more downside as bears hunt targets
GBP/CAD is pulling back in a short-term downtrend, however, it is likely to resume its bearish bias.
The pair recently broke down out of a bearish Rising…
EUR/USD: Chance to squeeze a little higher – Scotiabank
The European Commission’s economic outlook anticipates a pick up in the region’s economy this year and next as consumer demand and business investment pick up,…
Silver market remains significantly undersupplied due to rising demand – Commerzbank
The Silver Institute, in cooperation with the precious metals research firm Metals Focus, published updated forecasts for the Silver market this week,…