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Fundamental Analysis

Crude Spikes As Oil Tankers Targeted by Iran
Crude Spikes As Oil Tankers Targeted by Iran

Iran Attacks Oil TankersCrude prices are turning higher again today as traders react to news of further Iranian attacks on ships in the Strait of Hormuz. Overnight, two oil tankers in the area were...

Iron Ore Pushing Higher Despite Demand Concerns
Iron Ore Pushing Higher Despite Demand Concerns

Iron Ore Rally ContinuesIron ore prices are pushing higher again today as the conflict in the Middle East keeps the market underpinned. Spot prices are now up almost 8% off the YTD lows, recovering...

Hawkish RBA Bets Boosting Aussie
Hawkish RBA Bets Boosting Aussie

RBA to Hike Next Week?The Aussie has been one of the bets performers in the FX space this week, bolstered by a fresh spike in oil prices, given the country’s energy position. Looking ahead, hawkish...

Euro Stocks Knocked Lower Midweek
Euro Stocks Knocked Lower Midweek

Iran War ImpactEuropean stocks have come under fresh selling pressure today as traders react to a fresh escalation in the US/Israel conflict with Iran as well as some hawkish ECB commentary this week....

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Crude On Watch As IEA Considers Record Reserve Release

Conflict Keeps Crude UnderpinnedCrude prices are rising again today in response to news of the escalating conflict in the Strait of Hormuz. A bulk carrier was hit by an Iranian missile while...

Is USDJPY Eyeing A Fresh Breakout?
Is USDJPY Eyeing A Fresh Breakout?

Dollar Pushing Higher AgainUSDJPY is pushing higher again today with the YTD highs now only around 0.6% above market. A fresh rally in USDH is helping lift the pair again today as the greenback...

US Stocks Rocked By Oil Price Shock
US Stocks Rocked By Oil Price Shock

Sell-Off Tests Key Support LevelThe sell off in US stocks has stalled for now with the ES bouncing off a key support level. Prices are down heavily from Friday’s close though the sell off was reversed...

Crude Soars to Highest Levels Since 2022
Crude Soars to Highest Levels Since 2022

Crude Hits $120 p/bWe’re seeing record moves in oil at the start of the week with crude futures exploding higher. CL1 rallied around 30% from Friday’s close hitting highs of just shy of $120 p/b,...

Dollar On Watch: Iran War & US Inflation
Dollar On Watch: Iran War & US Inflation

Iran War ContinuesThe US Dollar is on watch this week as the war with Iran rages on and traders prepare for the latest US CPI data on Wednesday. A record push higher in oil prices which saw crude...