Make no mistake: European rates will rise despite the European Central Bank

Don't be fooled by today's European Central bank's "dovish taper". With the German elections, reality will dawn on investors: rates will inevitably soar regardless of the ECB's monetary policies. We believe that today's mini-rally is the golden opportunity to short Bunds even cheaper.A "dovish taper" has been delivered to perfection...

Is ESG outperformance a ripple or a wave?

ESG strategies are the hottest commodity in the asset management industry these years and have been branded as doing both good and outperforming. But are these claims correct?ESG (environmental, social, and governance) is on everyone’s lips these days in financial markets with some analyses expecting assets under ESG mandates to...

XAUUSD is approaching pivot, potential for bounce!

Price is approaching pivot level at 1,787.81 which is in line with 38.2% Fibonacci retracement level, 161.8% Fibonacci extension level and horizontal overlap support. The price could potentially swing towards resistance at 1,832.20 which coincides with 100% Fibonacci retracement level, 61.8% Fibonacci extension level and horizontal overlap resistance. Stochastic is...

USDJPY failed descending trendline breakout! Potential for drop!

USDJPY failed to breakout from descending trendline resistance. We may potentially see a drop to our 1st supportat 109.750, in-line with our 61.8% Fibonacci retracement , 78.6% Fibonacci extension and ascending trendline support. Otherwise, price could potentially swing towards 1st resistance at 110.440, in-line with our 78.6% Fibonacci retracement ,...