Crude Oil Forecast: Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds

Brent crude oil looks to further clarity around supply and demand factors while the USD looks to push higher ahead of FOMC next week.

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What’s the Probability of an End of Week S&P 500 or GBPUSD Break?

We are coming to the end of the week and a bookend of notable event risk stands between us and the weekend. With the S&P 500 and Dollar based majors carving out historically narrow ranges, there is some potential for breakouts. However, look closely at the statistical ranges and think hard on the weight of the FOMC.

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Gold Prices and US Dollar Turn to PPI and Sentiment Data Before the Weekend

Gold prices marked time as the US Dollar and Treasury yields diverged on Thursday. Ahead, XAU/USD and DXY face US PPI and consumer sentiment data before the weekend.

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Dow, DAX 40 and FTSE 100 Show Similar Setups Before Similar Event Risk

Over a 24 hour-period next week, three of the largest central banks in the world are expected to update their monetary policy. The weight of the Fed, ECB and BOE rate decisions ahead seems to contrast the top-heavy consolidation we have seen from the Dow, DAX 40 and FTSE 100. Here’s the overview.

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