Market Analysis
Market Analysis, Metals, Technical Analysis
Chart of the day – Gold rebounds 1.3% despite hawkish Fed stance
Gold is rebounding by more than 1.3% after the decline triggered by the Fed’s first rate hike in more than three years. Higher interest rates are usually negative for gold, which does not generate yield, but the market had already priced in the Fed move to some extent, so the reaction has remained relatively limited. […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Nickel Rebounds From 8-Month Low
Today Markets Analysis Nickel traded around $16,230 per tonne, rebounding from its lowest level in eight months as the recent selloff attracted fresh buying interest. The move represents a technical recovery after the sharp decline, but the broader fundamentals remain challenging. Weak Chinese downstream demand continues to weigh on the nickel market, with nickel salt […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Steel Firms Up on Output Curb Pledge
Today Markets Analysis Steel rebar futures held above CNY 3,120 per ton on Thursday, remaining close to two-month highs as Chinese steelmakers pledged to curb production and reduce elevated inventories amid sharply deteriorating margins. The move comes as China’s steel industry faces an increasingly difficult operating environment. The China Iron and Steel Association, together with […]
by Currency Hedger
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- 3 weeks ago
Institutional, Market Analysis, Technical Analysis
Central Banks -The Bank of England preview
The Bank of England: to hike, or not to hike? The Bank of England is expected to hold rates steady when it meets later today. The base rate is expected to remain at 3.75%, and the BOE is expected to be the only major central bank not to hike interest rates this month. So, why […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis, Technical Analysis
BoE expected to hold interest rate at 3.75%
The Bank of England (BoE) is set to reveal its latest monetary policy decision on Thursday, coinciding with its sixth rate-setting meeting of 2026. Market analysts expect the central bank to keep its benchmark interest rate steady at 3.75%, which should be its sixth hold in a row following December’s 25-bps rate cut. The Monetary […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Holds steady near 1.1450, bearish tone remains intact
The EUR/USD pair trades on a flat note around 1.1465 during the early European trading hours on Thursday. Traders continue to assess the latest interest rate hike decision by the US Federal Reserve (Fed). The US Initial Jobless Claims report is due later on Thursday. The Fed raised the interest rates by a quarter-percentage point at its September meeting on […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Price Rebounds to $6.45 as Fed Rate Hike, AI Demand and Supply Risks Clash
Today Markets Analysis Copper futures climbed to around $6.45 per pound on Thursday, extending gains for a third consecutive session as the broader metals complex rebounded after the Federal Reserve delivered its widely anticipated interest-rate increase. The rally comes despite a more complicated macro backdrop. The Fed raised rates by 25 basis points and signalled […]
by Currency Hedger
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- 3 weeks ago
CNH, Market Analysis, Technical Analysis
Offshore Yuan Rises to 6.70 as China Expands Yuan Clearing and Markets Await Trump-Xi Summit
Today Markets Analysis The offshore yuan edged higher toward 6.70 per US dollar on Thursday, extending a period of relative strength as China expands the infrastructure supporting direct yuan-based foreign-exchange trading. The move comes as the Shanghai Clearing House expands central-counterparty clearing for spot transactions involving the Singapore dollar, New Zealand dollar and Thai baht, […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Technical Analysis
J.B. Hunt Stock Crashes 13% as Diesel Costs and Driver Expenses Squeeze US Transportation Stocks
Today Markets Analysis J.B. Hunt Transport Services (NASDAQ: JBHT) shares plunged around 13% on September 16 after CFO Brad Delco warned that third-quarter earnings could decline 5% to 10% from the second quarter. The warning exposed a much broader problem emerging across the U.S. transportation industry: fuel, labour and financing costs are rising faster than […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Zinc Price Falls Below $3,800 as Strong Dollar and Hawkish Fed Hit Metals, But Supply Shortage Limits Downside
Today Markets Analysis Zinc prices have come under renewed pressure, falling toward and below the $3,800-per-tonne area as a stronger US dollar and the Federal Reserve’s hawkish policy outlook weigh on industrial metals. The Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%, its first increase in more than three years, while policymakers […]
by Currency Hedger
- 0 Comments
- 3 weeks ago