Latest Research

The effort by the OPEC+ to rebalance the market may only have limited impact on prices, due to the still-rising US oil output.

The number of the day (and indeed the last two weeks) is 10. As in, the price of a barrel of WTI crude oil is declining for the 10th straight day, the longest streak since 1984.

With US stocks struggling to hold onto their post-midterm elections gains, the risk-sensitive EUR/JPY currency pair has potentially resumed its long-term bearish trend after staging a counter-trend rally that lasted for several days until Wednesday.

The GBP/USD was down for a second day this morning, giving back some of its recent gains made on the back of hopes over an imminent breakthrough in Brexit talks between the UK and EU over the issue of Northern Ireland.

If you’re one of the many readers who did, you’re excused for forgetting about today’s Federal Reserve meeting. After all, the high political drama in Washington and London continues to draw plenty of headlines, it’s the first time we’ve seen an FOMC meeting conclude on a Thursday in three years, and the central bank was never going to make any chan...

The US midterm elections have come and passed, and with the results coming in broadly as expected (Democrats taking control of the House, Republicans retaining the Senate), we’ve seen minimal reaction in the FX market. In fact, the US Dollar Index is currently changing hands at 96.00…within a few pips of where it was when the first votes started tri...

With the US mid-term elections out of the way, investors’ focus will slowly return to global economics and away from US politics slightly.

So far, the reaction of the markets to the outcome of the US midterm elections has generally been how we had envisaged: the US dollar and bond yields coming under pressure and gold gaining ground. Stocks, meanwhile, have responded positively – at least for the time being.

Oil prices have been falling sharply for the past five weeks or so and the poor run of form has continued for another day today.

The outcome of today’s US midterm elections will have a significant impact on US politics over the next two years, while it could also have implications for the economy and, in turn, stocks and the dollar, as the ease with which Donald Trump will be able to pass meaningful economic policies in the remaining two years of his first term as President i...

Remember the “Trump Bump” in the US dollar? After a brief swoon on election night in 2016, the greenback came roaring back on the expectation of fiscal stimulus and the “Make America Great Again” agenda, gaining over 6% heading into the end of the year.

The EUR/USD’s sharp rebound from long-term support at 1.13 came to an abrupt halt on Friday and the weakness has persisted at the start of this week, although so far, we haven’t seen any significant follow-through.