GBP Unlikely to Break Out

GBP backdrop remains encouraging for now. YTD peak in focus.

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US Dollar May Rise if FOMC Minutes Reveal Inflation Debate

The US Dollar may rise if minutes from April’s FOMC meeting reveal policymakers are debating whether the recent inflationary uptick will be lasting.

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Michael Burry ‘Big Short’ on Tesla Stock Revealed Ahead of Key FOMC Minutes

‘Big Short’ famed Michael Burry revealed $534 million Tesla puts ahead of the FOMC meeting minutes. Is the stock vulnerable?

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Crude Oil Prices Fall as US-Iran Nuclear Talks, Stockpiles Eyed

Crude oil prices fell for a second day as markets weighed progress in US-Iran nuclear talks. US crude inventories climbed less than expected amount last week, buoying the outlook for energy demand.

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Gold Prices Test Key Chart Resistance on Weaker Dollar, FOMC Minutes Eyed

Gold prices are challenging a key resistance level at $1,875 and may be facing some selling pressure. A weaker US Dollar and rising inflation expectations are lending support to bullion prices.

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