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Slow

Crude Prices Sink on Rising Rates & China’s Slow Demand Recovery

CRUDE OIL OUTLOOK: SLIGHTLY BEARISH NEAR TERM Oil prices fell roughly 4% this week, pressured by demand concerns amid rapidly rising interest rates Although oil could trade lower in the coming days, its medium-term outlook remains constructive thanks to the reopening of the Chinese economy This article examines the key technical levels to watch in …

Crude Prices Sink on Rising Rates & China’s Slow Demand Recovery Read More »

USD/JPY Slumps Into Support, Fed May Slow Pace of Rate Hikes

USD/JPY Price and Chart Analysis The Fed hiked rates by 75bps yesterday, for the second meeting in a row, and said that data dependent, another ‘unusually large increase’ could be appropriate at the next meeting in September. Despite warning that they will continue to hammer down on inflation by using oversized rate hikes, Fed chair …

USD/JPY Slumps Into Support, Fed May Slow Pace of Rate Hikes Read More »

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