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Market Insight

Market Spotlight: UK Wages & Unemployment Rise Ahead of BOE
Market Spotlight: UK Wages & Unemployment Rise Ahead of BOE

Further Poor UK DataOn the back of yesterday's UK GDP print which showed that economic activity contracted 0.3% in the three months through October, UK traders suffered yet further bad news...

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Market Spotlight: EURJPY ECB Set Up

EURJPY Pattern PlayEURJPY price action is looking very interesting here ahead of the ECB meeting this week. The pair has been trading higher this year, underpinned by the rising trend line from the...

Market Spotlight: UK GDP Underscores Recession Risks Ahead of BOE
Market Spotlight: UK GDP Underscores Recession Risks Ahead of BOE

GDP Rises on Month, Dips on QuarterThe latest UK GDP data this morning paints a bleak picture ahead of the BOE meeting on Thursday. At first glance, the 0.5% rise in October looks promising, marking...

Market Spotlight: UK Govt Announces Banking Reforms Package
Market Spotlight: UK Govt Announces Banking Reforms Package

UK Govt To Reverse 2008 Banking ReformsIn a clear sign that the UK government is agonising over the loss of London’s status as the financial capital of Europe, cabinet today announced a new package of...

Market Spotlight: Swissy & Today's US PPI
Market Spotlight: Swissy & Today's US PPI

PPI In FocusAhead of the November US CPI release next week and of course, the December FOMC, today’s US PPI release will be closely watched. The reading will be interpreted as an indicator of how CPI...

Market Spotlight: BOC Meeting Not as Dovish as Some Expected
Market Spotlight: BOC Meeting Not as Dovish as Some Expected

BOC Hikes and Keeps Options OpenThe Bank of Canada meeting yesterday was a more neutral affair than most were anticipating. The BOC hiked rates by a further .5%. in line with expectations. However,...

Market Spotlight: USDCNH Falling as China Reopening Story Gathers Pace
Market Spotlight: USDCNH Falling as China Reopening Story Gathers Pace

USD Under Pressure USDCNH has seen a sharp sell-off over the last week or so. Part of this can be attributed to the softening we’ve seen in USD while the other driver is clearly the developments we’ve...

The Crude Chronicles - Episode 166
The Crude Chronicles - Episode 166

Oil Traders Cut Longs AgainThe latest CFTC COT institutional positioning report shows that oil traders cut their net long positions for a second consecutive week last week. The total upside position...

Market Spotlight: Trading AUDCAD Around Today's BOC
Market Spotlight: Trading AUDCAD Around Today's BOC

 BOC In FocusThe Bank of Canada will be in focus today as it meets for its December monetary policy decision. There is a great deal of attention on today’s meeting given the market expectation that...