The EURUSD Remains Stable Despite U.S. Inflation Edging Up 

On Thursday, U.S. inflation edged higher compared to the prior month but remained below expectations. At 3.2% for July, the inflation rate picked up steam by 20 basis points compared…

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Tech’s Next Hurdle 

The Nasdaq could be set for a weekly loss after US CPI failed to surprise to the downside and remained steady through July, dampening the tech sector rally. Tech’s next…

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Economic Data from China and US Rattle WTI Futures 

The WTI Futures (NYMEX: CL) are in flux, responding to pivotal macroeconomic data expected from China and the United States, the world's largest oil consumers. China's Balance of Trade has…

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The Gold Spot Price Retreats From Its Golden Ratio 

The Gold Spot Price (XAUUSD) kicked off the week on the back foot, closing 32 basis points lower in Monday’s trading session. The downtrend extended into Tuesday’s session as the…

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AUDUSD Remains Under Pressure After NAB Release 

The National Australia Bank (NAB) Business Confidence Index came in higher than the market expected but could still see the lower AUDUSD currency pair trend.   Business confidence rose by 2…

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Oil Futures Reach Mid-April Highs on Major Supply Cuts

The WTI Futures (NYMEX: CL) have surged to their highest levels since mid-April as major oil producers Saudi Arabia and Russia commit to extending supply cuts. The move aims to…

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