Author: FX
Key takeaways for traders and investors following oil todayCrude oil futures repaired strongly from the 86.35-87.00 lower zone, but buyers failed to sustain control near the 94.20-94.78 upper shelf.The current oil analysis leans mildly bearish, with a Prediction Score of -3 / +10.The key lower-value area to watch is 91.37-91.78. A sustained break below it would strengthen the bearish case.Bulls need to reclaim 92.10-92.47 to stabilize the short-term structure.A stronger bullish repair would require acceptance back above 94.20, followed by a clean hold above 94.64-94.78.Crude oil futures analysis summaryCrude oil futures are no longer showing clean bullish continuation after the…
The White House announced on Monday that United States (US) President Donald Trump has signed a proclamation amending tariffs on some copper, aluminum and iron imports.AmendmentsThe proclamation lowers tariffs on some agricultural equipment from 25% to 15%.It makes mobile industrial equipment, such as bulldozers and forklifts, subject to a 15% tariff when imported from trade deal countries that are entitled to such treatment.The order also allows foreign companies to qualify for a 10% tariff if “their capital equipment includes at least 85% U.S. melted and poured or smelted and cast steel or aluminum by weight.”The changes will last until December…
EUR/NZD is fast approaching a key inflection point after a sharp downswing! Think the bears are just waiting for an opportunity to pounce? Source link
Is the Greenback due for a breather after its recent run? Our Event Guide for the U.S. May ISM Services PMI Report notes that the survey will likely extend its cooling trend, though markets may care more about the employment and prices paid components than the headline figure. If the release turns bearish for the U.S. dollar, then USD/CHF and NZD/USD are the setups we’re watching more closely. Source link
Stagflation fears continue to haunt the markets, after the U.S. GDP slowed to 1.6% and core PCE inflation held at 3.3%. On top of that, the U.S. ISM Manufacturing PMI clocked in at 54.0, its highest reading since May 2022, as the prices component remained elevated. Learn what stagflation means, why it’s so hard to fix, and what to watch next. What Actually Is Stagflation? Most economic problems run in one direction. Either the economy overheats, where growth is strong, inflation is rising, or it cools off and growth slows while prices ease. Central banks know exactly what to do…
Blackstone raises $13.1 billion for its largest Asia private equity fund Source link
The ATR Stop Loss Indicator is a volatility-based tool that calculates stop-loss levels using the Average True Range (ATR) of price movements. Unlike fixed stop losses, it adjusts automatically according to market conditions. At its core, the indicator measures the range between high and low prices over a specified period, factoring in gaps and intra-bar movements. Traders can set a multiplier to the ATR value, determining how far from the entry price the stop should sit. For example, a 1.5x ATR stop on a 14-period calculation adapts automatically: during calm markets, the stop might be 20 pips; during volatile spikes,…
Commerzbank (note from Friday) raised its Brent forecast to $90/bbl by end-September and $85 by year-end, up from $80 for both, citing Hormuz closure, inventory draws and a slow Gulf output recovery. Summary:Brent forecast raised to $90/bbl by end-September and $85 by year-end, up from a prior $80 for both periods, on the assumption the Strait of Hormuz remains closed for another two months until early AugustEven an immediate US-Iran agreement would require several weeks of mine-clearing before safe navigation resumes; Iran has reportedly been given 30 days for deminingGulf oil production expected to remain below pre-war levels for some…
Monday’s session was a study in geopolitical whipsaw, as markets lurched between risk-off and risk-on on the Iran-US nuclear negotiations front while a blowout ISM Manufacturing PMI sharpened the hawkish case for Federal Reserve policy. Iran’s suspension of nuclear talks in protest over Israeli strikes in Lebanon pushed equities sharply lower at the US open, before President Trump announced an Israel-Hezbollah ceasefire and declared that Iranian negotiations were moving at a rapid pace, driving a recovery toward all-time highs. Oil surged on Hormuz supply disruption fears while gold and Bitcoin retreated as safe-haven demand faded and rate hike expectations rose.…
BNP Paribas reports that Chinese GDP growth accelerated to 5.0% year-on-year in Q1 2026 from 4.5% in Q4 2025, but is expected to slow moderately over the year. The bank highlights a K-shaped trajectory, with dynamic exports but sluggish domestic demand and ongoing property sector stress. Authorities are seen maintaining supportive but modest fiscal and monetary policies, while deflationary pressures should ease in 2026.K shaped growth and easing deflation risks”Economic growth accelerated to +5.0% y/y in Q1 2026, vs. +4.5% in Q4 2025.””It stood at 5% in 2025 as a whole and it is expected to slow moderately in 2026.””Growth…