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Market Analysis

Market Spotlight: EUR Rallies As ECB Announces Emergency Meeting

EUR Bid on ECB NewsThe Euro has been heavily bid today on the back of news that the ECB has called an emergency meeting. The central bank has called an unscheduled meeting to address financial market...

Market Spotlight: Trading The June FOMC Meeting

FOMC Up NextToday’s FOMC meeting holds the potential to drive huge USD volatility. With the market now bracing itself for a larger-than-projected .75% hike, upside risks are clear. The Fed is likely...

Market Spotlight: Bitcoin Hits Lowest Levels Since Dec' 2020

Bitcoin On The Ropes The collapse in Bitcoin has seen the market trading down to it slowest level since December 2020 this week. Firmly hawkish Fed expectations and a resurgent US Dollar have seen...

Market Spotlight: NASDAQ Short Hits First Target

NASDAQ Selling Off The recent NASDAQ short idea posted ahead of last week’s US CPI has now hit its first target. With USD rallying firmly on the back of a bumper May CPI report (annual inflation...

Market Spotlight: Coinbase Shares On Cliff Edge

Coinbase CEP Hits OutShares in US crypto-broke Coinbase are heading lower once again this week. The company’s stock has bene in freefall this year amidst the broader rout in tech stocks as well as the...

Market Spotlight: Bearish Nasdaq Risks Into US CPI

US CPI Up NextAhead of the weekend we have one last major data focus today; US May CPI. The release is drawing plenty of attention ahead of next week’s FOMC meeting. We’ve heard plenty of debate...

Market Spotlight: UBS Turns Bullish on Tesla

Tesla to Bounce?In a note issued this week, analysts at UBS have upgraded Tesla to a buy following the recent plunge in price. Shares in Elon Musk’s iconic company are down around 45% on the year via...

Market Spotlight: Trading Today's June ECB Meeting

June ECB Meeting Up NextThe key data focus for traders today will be the June ECB meeting. Hawkish expectations are already elevated ahead of the meeting with the market looking for the bank to...

Market Spotlight: World Bank Slashes Global Growth Forecasts

World Bank Cites Ukraine, Inflation & Supply Issues As Recession RisksIn its latest Global Economic Prospects report issued today, the World Bank warned that many countries are at severe risk of a...