The Swedish krona initially jumped yesterday on a very hot August inflation print from Sweden, but backtracked after the weaker than expected US CPI data. This morning, sterling has entirely ignored the highest UK inflation readings in nine years, a sign that the market is unwilling to react consistently to...

The Swedish krona initially jumped yesterday on a very hot August inflation print from Sweden, but backtracked after the weaker than expected US CPI data. This morning, sterling has entirely ignored the highest UK inflation readings in nine years, a sign that the market is unwilling to react consistently to...

Price has broken through the descending trendline signifying bullish potential however, on a shorter term we are looking for price to reverse back down the take profit level in line with the 61.8% Fibonacci retracement and 61.8% Fibonacci extension , to retest the trendline. Our short term bearish bias is...

Price is reacting below our pivot level at 1.61725, in-line with 50% Fibonacci retracement level and 100% Fibonacci extension level. Price could potentially face bearish pressure and drop to support at 1.60390, in-line with 50% Fibonacci retracement level, 100% Fibonacci extension level and ascending trendline support. RSI is also at...

Price has made a bearish breakout from the triangle pattern , we are expecting price to push down towards the take profit level in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection . Our bearish bias is further supported by the price holding below the 100period MA and the...

Price is reacting above pivot level at 1,786.50 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...

Today we look at across the board weak risk sentiment despite a softer than expected US August CPI data release yesterday, at least in US equities and in currencies, where we also note that the market shrugged off hot CPI prints from Sweden and the UK. Also, a look at...

Equity sentiment continued to suffer yesterday despite a US August CPI release that showed cooler inflation than expected and saw a rally in Treasuries as it keeps Fed expectations on tapering and eventual rate hikes in check. The weak risk sentiment drove the US dollar back to the firm side...

Electricity and energy prices are soaring in Europe putting pressure on households and industry. In this analysis we take a look at which parts of Europe are most at danger from rising prices and what it means for equities.Europe, but to some extent the US, is undergoing an energy shock...

The global gas and power market remains on fire, with tight supply and worries about a winter supply crunch driving European gas prices to new record highs on a daily basis. During 2021, this development has driven the prospect for an increasingly expensive green transformation, and with that, an increased...