EURUSD trapped in a tight range as key levels loom
For the last 12 days, the EURUSD has been trapped in a relatively tight range between 1.1576 and 1.1669. While buyers managed to push the pair above the topside boundary…
Türkiye: Policy discipline offsets political noise – HSBC
HSBC Asset Management notes that political uncertainty and higher Oil prices have added volatility to Turkish assets and pressured reserves. Yet the MSCI Türkiye Index has held up, supported by…
Oil jumps $7 as the Iran ceasefire faces its bigget setback yet
WTI crude oil prices are up $7.02 to $94.35 on the biggest challenge to the Iran-USA ceasefire yet.A report from Tansim said Iran's negotiators have stopped responding to messages from…
The USD moves higher as oil, yields move higher and stocks open lower on the day
The USD has moved higher on the back of headlines that Iran will stop exchanging messages with US in protest against "Zionist crimes" largely in Lebanon. The price of oil…
NASDAQ index is a stretching to a new high for the day with a gain of around 100 points
Although the NASDAQ is higher by roughly 100 points at the time of this recording, the performance beneath the surface is far from uniform. Some of the index’s largest heavyweight…
Dow Jones slips as Iran severs talks and Oil surges
The Dow Jones Industrial Average traded around 0.4% lower Monday, shedding roughly 200 points to sit near 50,800 after pulling back from the record-area highs above 51,100 set last week.…
EUR/USD slips as renewed Middle East tensions boost the Greenback
EUR/USD comes under renewed selling pressure on Monday as initial optimism surrounding a potential US-Iran peace deal fades amid escalating tensions in the Middle East. At the time of writing,…
Brent Price Rises on Fresh Escalation in the Middle East
Brent oil price rose around 2% in early Monday trading (on track for the first daily gain after being eight days in red), following fresh escalation in the Middle East…
How has the rise in the USD impacted the technicals for the USDCAD, AUDUSD and NZDUSD?
As the USD moves higher after the news headlines that Iran was to stop exchanging messages with the US in protest against "Israeli crimes", has sent oil higher, yields higher,…
Sunset Market Commentary
Markets Weekend comments by ECB members added to the June rate hike case which is now almost fully discounted (95% probability) as negotiations on an interim deal between Iran and…
