Crude Oil Forecast: OPEC+ Fallout, Delta Strain Clouding Market Fundamentals

Oil markets face a clouded outlook as the OPEC+ fallout and rising Covid cases across Asia drive uncertainty in energy markets.

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AUD/USD Bounce Continues Following Strong Chinese Trade Data

Chinese trade data wildly surpasses expectations fueled by a massive trade surplus with the US. AUD/USD tests 0.7500.

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British Pound (GBP) Price Outlook: GBP/USD May Edge Lower Near-Term

GBP has failed to benefit from confirmation that coronavirus restrictions in England will mostly end on July 19, suggesting some modest underlying weakness in the currency.

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US Dollar May Resume Rise as CPI Data Drives Fed Policy Bets

The US Dollar may rise if June’s CPI inflation data tops forecasts, stoking speculation about an accelerated Fed timeline for stimulus withdrawal.

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