Election

Crude oil prices have pulled back more than 11% from October highs, in line with U.S.-Iran negotiation hopes and shifting U.S. midterm expectations.

Dollar, Gold Outlook: The dollar is testing a critical 10-month trendline, while gold is challenging its 2026 low and support near $3,870. The U.S. elections, nonfarm payrolls and bond yields are key volatility catalysts to watch this week.

Prediction markets are pricing in nearly 75% odds of a Democratic sweep in this week’s US midterm elections, a development that would result in a split from the single party Republican rule of the past two years - what will it mean for markets?

One of the most relevant events for emerging markets in recent sessions has been the outcome of Brazil’s presidential election. Following Lula da Silva’s victory in the second round, investor sentiment began to deteriorate noticeably. This can be observed in both the iShares MSCI Brazil ETF and the VanEck Brazil Small-Cap ETF, two important benchmarks for tracking the Brazilian equity market, both of which have posted declines of more than 15% at the start of the week.

Crude Oil Weekly Outlook: Brent–WTI spread tests long-term resistance as monthly RSI reaches overbought territory and key elections approach. Brent and WTI levels and risks ahead.

In the upcoming Canadian Federal Election, escalating US trade tensions and shifting voter sentiments have given Mark Carney’s Liberals a boost against the Conservatives - read on for the potential impact on USD/CAD!

USD/CAD’s consolidation continues between 1.4100 and 1.4300 continues ahead of tariffs and the Canadian federal election – read on for what to watch moving forward!

Lingering tensions between the US and Europe could temper risk appetite, particularly after last week’s cautious trading, when concerns over US President Donald Trump’s stance on tariffs, coupled with stretched valuations, unsettled investors. For these reasons, we maintain a cautious DAX forecast despite a positive start to the week.

EUR/USD rises as investors cheer the German election result. GBP/USD rises ahead of Trump & BoE Ramsden's speeches.

Optimism surrounding peace negotiations in Ukraine has provided modest support to the EUR/USD outlook. However, sentiment has taken a slight knock in recent days amid tariff concerns and a brewing dispute between President Donald Trump and Ukrainian President Volodymyr Zelenskiy. That said, hopes remain that a deal could eventually be reached.

Different German Election coalition scenarios could have dramatically different impacts on the DAX and key German stocks like Volkswagen, Siemens, SAP, and Deutsche Bank.

Gold buyers may now be turning their eyes upward for a retest of the record highs near $2790 in the coming days, if not a breakout to $2800+.