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Outlook Today the important news will be inflation in the UK (that will influence sentiment toward tomorrow’s BoE meeting) and the Fed decision and commentary. Current thinking has not shifted from hold for both central banks and two more cuts but later this year. Some think an August cut is in stor

Tensions in the Middle East continued to disrupt energy logistics as Qatar instructed LNG vessels to delay entering the Strait of Hormuz, ING's commodity experts Ewa Manthey and Warren Patterson note. Global LNG market is at risk "On Tuesday, Qatar asked LNG vessels to wait outside the Strait until

In our previous update from May 20 th , we found that for the Semiconductor Index (SOX) based on the Elliott Wave (EW) Principle, “Assuming five orange waves upward from the late-April grey W-ii/b low, the index should now be in the orange W-4, [to ideally $4800+/-100] followed by orange W-5, ideall

It is fair to say that dollar price action has been poor. Having spent the last 10 weeks discussing the breakdown in the dollar-US Treasury correlation as the 'Sell America' thesis took hold, investors noticed that the dollar was only too keen to revert to traditional correlations on Wednesday as th

Consumer prices rose less than expected in May as President Donald Trump's tariffs had yet to show significant impact on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a broad-based measure of goods and services across the sprawling U.S. economy, increased 0.

Hello traders and welcome to another blue box post where we discuss trade setups. In this post, the spotlight will be on Silver amid the recent big break to the upside that might have taken many by surprise. Silver surprised many market participants when it breached its 2024 highs. The commodi

EUR/NOK is retreating after failing to break above the key resistance zone of 12.05–12.12, marking last year's highs. The pair has established a short-term floor near 11.43 but lacks momentum for a strong rebound. With the 200-DMA at 11.71–11.73 acting as resistance, a sustained failure to breach th

When it comes to maintaining your vehicle’s performance and longevity, few components are as crucial yet overlooked as the oil cooler. Whether you’re driving a high-performance sports car, towing heavy loads, or simply want to extend your engine’s life, understanding oil coolers can make all the dif

The Euro area economy is steadily recovering, marked by increasing growth, a robust labour market, and inflation meeting the 2% target. Although the recovery is anticipated to persist this year, growth is likely to remain below potential due to trade uncertainties and cautious consumer behaviour. By

The Euro (EUR) is entering Wednesday’s NA session unchanged against the US Dollar (USD), quietly consolidating in a tight range just below 1.14, Scotiabank's Chief FX Strategist Shaun Osborne notes. Markets anticipate an ECB’s cut on Thursday "The final euro area PMI’s offered a modest surprise vs.

Pound Sterling (GBP) is soft, down a marginal 0.2% against the US Dollar (USD) and a relative performer among the G10 in an environment of mild, albeit broad-based USD strength, Scotiabank's Chief FX Strategist Shaun Osborne notes. BoE Governor Bailey strikes cautiously neutral tone "Comments from B

On the radarIn Croatia, retail sales grew by 4.9% y/y in April while industry expanded by 6.5% y/yIn Hungary producer prices grew 7.9% y/yIn Czechia 1Q25 GDP was revised up to 2.2% y/y. The growth was driven by higher consumption and inventories change.At 10 AM CET Poland will publish flash estimate