West Texas Intermediate (WTI) retreats from its recent one-month high of 99.25-99.30, slipping below $97.50 during the Asian session and interrupting a seven-session winning streak. The pullback reflects short-term profit-taking and improving expectations for crude oil supply following a decision to waive most sanctions and tariffs affecting Russian trade. The article provides an in-depth analysis...
Author: Pricsilla Ann (Pricsilla Ann)
GBP/USD Consolidates Below 1.3350, Faces Resistance at 100-Day SMA
The GBP/USD pair trades near 1.3330 during early European trading, remaining below the 1.3350 psychological threshold as investors reassess the monetary policy outlook in the United States and the United Kingdom. Vaulltier’s brokers offer a comprehensive overview of this topic in the article. The pair’s inability to sustain gains above immediate technical resistance preserves a...
Gold Outlook: XAU/USD Slips Toward $4,076 As Oil And Yields Keep Sellers In Charge
The technical team at Rubinax reviews the latest Gold picture, as the metal trades near $4,120 and heads for a third straight daily decline while higher oil prices and Treasury yields weigh on sentiment. Gold Fails Again Near $4,200 Gold trades around $4,120 on Tuesday and is set for a third losing session in a...
Nvidia Outlook: Stock Trades At Its Lowest Earnings Multiple In Seven Years While Growth Stays Strong
Few large companies have grown as fast as Nvidia over the past two years, and yet its stock now looks cheaper, relative to profits, than at any point since 2019. That mix of rapid growth and a falling multiple is unusual, and it raises a simple question about what the market is pricing in. Market...
Bitcoin Outlook: BTC Holds Near $82,000 As Oil Tops $110 And Tech Stocks Slide
Rubinax’s trading desk breaks down the latest Bitcoin setup, as the coin holds near $82,000 while oil surges and technology shares suffer one of their worst weeks in over a year. Bitcoin Barely Reacts To A Rough Week Bitcoin trades around $82,000, down less than 1% over 24 hours. That small number hides a difficult...
USD/CAD Outlook: Loonie Gains As Softer Core Inflation Tests Rate Bets, But A Return To 1.42 Is Still Forecast
The Canadian dollar kept recovering on Tuesday, and USD/CAD slid to about 1.41, close to 1% below where it stood a week ago. Cooler underlying inflation gives the Bank of Canada room to wait, which makes the currency’s next step harder to read. Analysts at Rubinax take a closer look at what is behind the...
EUR/USD Outlook: Weak Eurozone Data And Political Strains Likely To Cap The Recovery
Brokers from Rubinax dive into the latest EUR/USD picture, as the pair steadies above 1.12 after a shaky start to the week, while soft economic data and fragile politics in Europe limit the room for a rebound. A Tentative Bounce After A Weak Open The euro began the week with a downward gap and briefly...
IDR Weakens Despite Bank Indonesia’s Efforts to Support the Currency
The USD/IDR exchange rate advanced for a second consecutive session, trading near 17,980 during Asian hours as the Indonesian Rupiah (IDR) remained under depreciation pressure despite intervention by Bank Indonesia (BI). Discover what Rubinax’s experts have to say about this topic in this detailed analysis. The currency pair’s appreciation reflects persistent demand for the US...
Gold Holds Firm Below $4,150 as Traders Weigh Conflicting Signals
Gold (XAU/USD) trades with a modest bullish bias below $4,150, supported by declining US Treasury yields and a corrective pullback in the US Dollar (USD) from an 18-month high. The recovery follows a three-session losing streak, although the precious metal has yet to establish a decisive bullish reversal. Persistent inflationary pressures, elevated interest-rate expectations, and...
Bunzl Reaffirms Annual Financial Guidance as Underlying Revenue Expands in Third Quarter Trading Update
Following the release of quarterly revenue performance metrics by key commercial supply chain operators, international distribution and business supplies equities saw volatile trading sessions. Essential quantitative insight into how global distribution networks preserve operating margins across volatile macroeconomic cycles can be gained by analyzing underlying volume expansion, inflationary cost pass-through mechanisms, and capital deployment programs....