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The Daily Markets Watch: USOIL, AUDUSD & USDRUB (07.12.21)

Oil rose yesterday, kicking the week off ~ 5 percent higher after Saudi Arabia decided to hike its crude price as sentiment around Omicorn seems to improve. The risk appetite supported Aussie’s bounce at 70c on Monday, which was further boosted on RBA turning a tad more hawkish on wage growth and inflation expectations following […]

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Analysis Technical analysis

The Daily Markets Watch: USOIL, GOLD & EURUSD (03.12.21)

Oil continued its relief rally despite OPEC+ agreeing to keep production elevated. The WTI is up nearly 2% and looks set to hit $70 before any major signals in what seems to be a relief rally. Gold remains under pressure below $1800 but it’s mixed so far intraday as traders patiently wait for the NFP […]

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Analysis Technical analysis

The Daily Markets Watch: USOIL, USDJPY & NZDUSD (30.11.21)

USoil continued to fall on increasing travel bans as Omicron cases keep being detected at random. Crude plummeted to a 3-month low at $66.90 and it is likely to remain under pressure amidst November’s contract expirations. Meanwhile, demand for currency have not increased as the new variant adds to inflation concerns and how central bank […]

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Analysis Market overview

Top Market Opportunities 29.11.2021 – 03.12.2021

Investors Eye Wage Growth for Hints at Inflation Admittedly, investors’ quest for safety transpired in the markets last week as the Omicron variant shook every last bit of confidence away ahead of Christmas. The new covid originating from South Africa forced several countries to ban travel to seal themselves from contacting the most transmissible variant […]

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Analysis Technical analysis

The Daily Markets Watch: GBPUSD, USOIL & ASX200 (25.11.21)

The British pound fell to an 11-month low yesterday as US Jobless Claims recorded a 1969 low yesterday. With investors awaiting for BoE’s guidance, pound could remain under pressure ahead of the next MPC meeting in December. WTI Oil found resistance at $79 following a weaker than expected inventory, closing the session lower than anticipated […]

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Analysis Market overview

Top Market Opportunities 22.11.2021 – 26.11.2021

Lagarde and Covid Cases Dent Euro Sentiment Euro continued to fall towards the end of last week despite dollar stalling as ECB’s Lagarde reaffirmed to investors that the bank would not tighten as inflation pressures subside. Speaking twice last week, the President ended her Friday speech with a dovish flourish, stealing away every last bit […]

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