January 05, 2022 BY Steffy Bogdanova

Weekly data: packed week with NFP and FOMC’s minutes

From a technical point of view, a clear move back above $80 seems to be unlikely as of now given this area’s importance as a psychological resistance and buying saturation based on the slow stochastic. ATR of around $2.20 is now about half the peak in December, though, so a retest of $80 seems very…

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December 01, 2021 BY Steffy Bogdanova

Weekly data: ‘buying the dip’ ahead of the NFP

Even before large losses at the end of last week, it already seemed fairly unlikely that the cartel would significantly boost production. With most members seemingly content with prices of Brent around $75-85 and various countries including Japan having released their strategic reserves of crude, there had been no clear calls among OPEC for increasing…

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forex and crypto market analysis
December 07, 2020 BY Steffy Bogdanova

Daily Market News: Markets slip on China sanctions

What to watch Coupa Software: California-based tech firm Coupa Software offers business spending management services, which provide companies with visibility into and control over their operations. The firm’s share price has soared in 2020, more than doubling. Coupa’s cloud-based products fit well into the current mass work-from-home environment. Companies facing economic difficulties who want to…

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forex and crypto market analysis
December 04, 2020 BY Steffy Bogdanova

Daily Market News: OPEC and Russia compromise on oil output

What to watch US jobs report: All eyes will be on November’s job report from the Bureau of Labor Statistics on Friday, investors will be watching to see whether surging Covid-19 case numbers in the US have damaged the labour market. In October, jobs growth was better than expected, and the unemployment rate fell to…

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forex and crypto market analysis
December 03, 2020 BY Steffy Bogdanova

Daily Market News: Oil gains on OPEC+ cut talks

What to watch Dollar General: Discount retailer Dollar General has added almost 40% to its share price in 2020, taking its market cap past the $50bn mark. Along with other discount retailers, Dollar General’s gains this year have been driven by consumers stocking up on staples, and turning to cheaper options in the face of…

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daily market analysis
September 18, 2020 BY Valentina Kirilova

Daily market commentary: The gold price continues the slow dance

GOLD The gold price is little changed, continuing the slow dance seen in the last few days around $1,950. Bullion is waiting for new market drivers, as investors seem to have fully priced in the current scenario and the hyper-expansive monetary policies of central banks. Carlo Alberto De Casa – Chief analyst, ActivTrades OIL  This week’s oil…

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weekly markets analysis
April 13, 2020 BY Valentina Kirilova

Weekly data preview: decreasing fear could hit gold

Key data points Tuesday 14 April (all day): G7’s video meeting Wednesday 15 April, 12.30 GMT: American monthly retail sales (March) - consensus -7%, previous -0.5% Thursday 16 April, 12.30 GMT: American initial jobless claims (11 Apr) - consensus 4.7 million, previous 6.6 million Brent, four-hour There hasn’t been any ongoing direction for crude oil…

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