EUR/USD briefly printed below the 1.120 support in early trading. Should Bessent feed markets with convincing headlines on US-China talks today, a decisive break lower…
NYMEX WTI is trading above $63/bbl, while ICE Brent was seen approaching $66/bbl on US-China trade talk optimism. Meanwhile, the latest round of discussions between…
It’s been a good second half of the week for the dollar, mostly thanks to positive trade news and a hawkish Federal Reserve. The next…
Today’s Bank of England meeting should be a market mover, ING’s FX analyst Chris Turner notes. GBP/USD can get distorted by global risk sentiment today…
Sterling is trading steadily, but politics should be supportive this month. We’ve already seen a new UK-Indian trade deal announced yesterday, but speculation is rising…
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With prospects of further large supply increases in…
In the UK today, we have local council elections. These normally present an opportunity for voters to punish the ruling party. However, in today’s case,…
A week ago, we were thinking that EUR/USD could retrace to the 1.1250 area, and it’s taken some time, but we may get there after…
Whether it has been the approach of public holidays or some real improvement in the global geopolitical environment, cross-market measures of financial volatility continue to…
In its latest forecasts, the International Copper Study Group (ICSG) expects the global Copper market to see a supply surplus of 289kt in 2025, largely…