Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Oil market overview

Brent oil futures have extended their decline below $46 per barrel – a nine-month low as rising supply offsets efforts by OPEC and other major oil producing countries to drain a glut…

Morning brief for June 21

These last two days passed without any key data releases, but with more UK political uncertainty (the UK government is still not formed), an extremely dovish Mark Carney overlaid with a significant downfall in oil prices…

Morning brief for June 20

Fed Dudley was a superstar of yesterday’s trading sessions. In the absence of any significant economic data overnight, the market’s focus was on Fed member Dudley who gave an upbeat assessment to the US economy and forecasted a further increase in inflation rate due to tightening of the labor market.

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