Trade Reviews

Professional and technical analysis on products and past trades

European natural gas extends rally, reaching its highest price since December 2022

European natural gas futures have surged by 242% year-to-date to reach €97 per megawatt-hour, hitting a multi-year high. Supply disruptions stemming from Middle Eastern and East European conflicts, coupled with reduced storage reserves, are stoking acute fears of a winter deficit.

European natural gas extends rally, reaching its highest price since December 2022

Yen advances amid accelerating inflation in Japan

The Japanese yen appreciated as Japan’s headline and core inflation rates both accelerated to 2.1% in September, intensifying fundamental economic pressure whilst the central bank balances rising price pressures against sluggish growth.

Yen advances amid accelerating inflation in Japan

Week ahead: Central Bank decisions, inflation, and AI risks

Inflation is keeping further rate increases in play just as weak US housing activity, doubts over AI spending and French fiscal pressures expose strains across markets. Next week’s decisions from the BoC, Fed, ECB and BoJ will test whether policymakers believe those strains are providing enough restraint or whether they still need to do more.

Week ahead: Central Bank decisions, inflation, and AI risks

Brent price surge as Houthi-Saudi tensions persist

Persistent geopolitical conflict in the Middle East, driven by Houthi attacks on Saudi Arabian energy facilities, has heightened fears of severe supply disruptions, propelling Brent crude prices to a multi-month high.

Brent price surge as Houthi-Saudi tensions persist

EUR/USD forecast: could French debt risks weigh on the Euro?

Higher borrowing costs should give investors a reason to hold a currency. In France, they are raising questions about the risks investors are being paid to take and how much further the ECB can tighten.

EUR/USD forecast: could French debt risks weigh on the Euro?

Nikkei 225 tests key support level as Japan's trade balance weakens

Japan’s widening trade deficit and rising energy costs exert pressure on the Nikkei 225 towards key support at 64,100 points, as export weakness and geopolitical tensions undermine fundamental macroeconomic confidence in Japanese equities.

Nikkei 225 tests key support level as Japan's trade balance weakens

WTI crude oil forecast: can supply risks push prices above $103?

WTI crude has recovered towards $99.31, with the rally supported by two developments that are reinforcing each other. Repeated attacks on vessels near the Strait of Hormuz are increasing the risk of further supply disruptions, while another substantial draw in US crude inventories points to tightening domestic availability.

WTI crude oil forecast: can supply risks push prices above $103?

British pound strengthens against the US dollar as UK unemployment rate falls

UK unemployment fell unexpectedly to 4.7% alongside a surge in job creation, prompting sterling to appreciate against the US dollar as market participants anticipate potential interest rate hikes by the Bank of England to contain persistent inflation.

British pound strengthens against the US dollar as UK unemployment rate falls

Canadian dollar gains despite softer-than-expected inflation

The Canadian dollar strengthened against the US dollar as headline inflation breached the central bank's target range, despite missing market forecasts, driven primarily by surging gasoline prices and slight US dollar weakness.

Canadian dollar gains despite softer-than-expected inflation

Brent approaches $110 amid persistent Middle East geopolitical tensions

Brent crude surged towards $110 per barrel as Middle East conflicts sparked supply fears.

Brent approaches $110 amid persistent Middle East geopolitical tensions