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Oil: Geopolitical tensions remain at a boil - TDS
Crude oil markets may feel oversold, but trend following models hold a war chest of dry-powder to deploy in either direction, TDS' Senior Commodity Strategist Daniel Ghali notes.
GBP/USD Price Forecast: Dives below 1.3000 and tests 100-DMA
The Pound Sterling extended its losses against the US Dollar for two straight days, with sellers clearing the 1.3000 figure decisively, which could pave the way for further downside.
The Pound Sterling looks oversold - Scotiabank
UK data showed government borrowing a shade lower than expectations in September (GBP16.6bn) but cumulative borrowing over the fiscal half year was above forecasts which may limit the Labour government's room for manoeuver in next week's budget, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Lagarde speech: Inflation numbers are relatively reassuring
In an exclusive interview with Bloomberg TV's Francine Lacqua on Tuesday, European Central Bank (ECB) President Christine Lagarde noted that inflation numbers in the Eurozone are "relatively reassuring" but added that they can't jump to a conclusion that it's a done deal.
Silver Price Forecast: XAG/USD rallies amid uncertainty over economic and geopolitical outlook
Silver price (XAG/USD) surges to near $34.50 in Tuesday's North American session, the highest level seen in over 12 years.
Oil market in China still markedly oversupplied in September - Commerzbank
The oil market in China was oversupplied by 930 thousand barrels per day in September, Commerzbank's commodity analyst Carsten Fritsch notes.
EUR/USD: Strictly rangebound above 1.08 - Scotiabank
EUR/USD trade has been a little choppy, within a limited range, so far on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Crude oil processing in China down year on year for six months in a row - Commerzbank
Chinese oil refineries processed 58.7 million tons of crude oil in September, Commerzbank's commodity analyst Carsten Fritsch notes.
USD/CAD: CAD remains weak and oversold - Scotiabank
The Canadian Dollar (CAD) has had a minor reprieve this morning as it holds little changed on the session but some 20 ticks above yesterday's low against the USD in the mid-1.38s, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Oil prices decline sharply on a weekly basis - Commerzbank
The Brent oil price fell by 7.6% last week, its strongest weekly loss since early September, Commerzbank's commodity analyst Carsten Fritsch notes.
Crude Oil struggles to hold $70.00 as markets become more bearish
Crude Oil struggles to hold ground and orbits around the $70.00 level on Tuesday. The pressure on Oil's price comes from markets repricing the US Federal Reserve (Fed) interest rate cut projections in the near future. With decreasing odds of an aggressive
USD remains firm but gains slow - Scotiabank
The US Dollar (usd) is trading flatter against its major currency peers as DXY gains show some--tentative--signs of stalling around the 104 area (which was the upper end of the range I suggested the DXY could reach at the start of the month as the index started to show signs of gaining momentum), Scotiabank's Chief FX Strategist Shaun Osborne notes.
AUD/USD bounces back from 0.6650 on firm RBA hawkish bets
The AUD/USD pair rebounds strongly from the key support of 0.6650 in Tuesday's European session.
Silver price at 12-year high - Commerzbank
For some time, Silver lagged behind the rise in the price of Gold, Commerzbank's commodity analyst Carsten Fritsch notes.
US Dollar supported as markets cool down Fed's rate cut cycle prospects
The US Dollar (USD) slightly retraces on Tuesday following a small sprint higher on Monday that drove the US Dollar Index (DXY), which gauges Greenback's value against six major currencies, to a fresh 11-week high after US equities retreated from their all-time highs.
Gold price continues to rise from record to record - Commerzbank
The Gold price started the new trading week where it left off the previous week, with a rise to a new record high of currently $2,740 per troy ounce.
Is the euro going to be knocked out? - Commerzbank
At the moment, most movement in EUR/USD is US Dollar (USD) driven, and he cited the reasons for this.
USD/CNH: To edge higher to 7.1500 before levelling off - UOB Group
Room for the US Dollar (USD) to edge higher to 7.1500 before levelling off.
China growth should remain steady - DBS
This week's featured insight is GDP Nowcast, which is best viewed as an estimate of real GDP growth based on available economic data and forecasts for the current quarter, DBS' economists Samuel Tse and Daisy Sharma notes.
USD/JPY: Can break above the major resistance at 151.00 - UOB
The US Dollar (USD) could break above the major resistance at 151.00, but it might not be able to maintain a foothold above this level.
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