Our 'Macro Chartmania' series collects Macrobond data and focuses on a single chart chosen for its relevance.Click here to download this week's full edition of Macro Chartmania. This is certainly the most important chart ahead of Thursday’s ECB meeting. Initially developed by Hollo, Kremer and Lo Duca in 2012 in the...
FX Update: USD consolidation reaching pivotal levels
The US dollar continues to consolidate to the strong side as the Biden presidency approaches, one that was meant to weaken the US dollar further, given the slim Democratic control of Congress, but with the market constantly trying to operate on far future expectations, it may simply have gotten ahead...
Earnings Watch: Can Q4 earnings swing into growth?
Q4 earnings season kicks into gear this week and we take a look at expectations for earnings and highlight the important ones to watch this week.Last week’s earnings releases were the starter before the main course starts this week. Major US banks reporting on Friday were selling off on back...
COT: Gold long cut by one-third as yield and dollar pop
Positions and changes made by hedge funds across commodities, forex, bonds and stock index futures during the week to January 12Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the...
BTCUSD is approaching support, potential bounce | 18 Jan 2021
Price is facing bullish pressure from our ascending trend line where we could see a bounce above our support level .
BTCUSD is approaching support, potential bounce | 18 Jan 2021
Price is facing bullish pressure from our ascending trend line where we could see a bounce above our support level.
Podcast: Markets starting off Biden inauguration week on a cautious note
Today, we look at the weak close on Friday as Q4 earnings season kicked off in earnest and how the market is treating the JP Morgan results in particular and a preview of Netflix. Also a look at the overall status of the US dollar and how the market will...
EURUSD is facing bearish pressure | 18 Jan 2021
Price is facing bearish pressure from our descending trend line and we could see a further drop below this level.
EURUSD is facing bearish pressure | 18 Jan 2021
Price is facing bearish pressure from our descending trend line and we could see a further drop below this level.
Market Quick Take – January 18, 2021
Markets are starting the week on a cautious note after a weak close on Friday and even as China chalked up a positive GDP growth number for 2020 in its Q4 growth tally overnight. Wednesday this week will market the transition to incoming US President Biden, and he is set...