Market Analysis and News
Your updates of the most important trading news, insights and analysis.
Get the latest news and insights straight from Alpari's in-house market analysts.
With easy-to-follow explanations and expert sentiment on news, events and potential price movements of the global markets, you'll have the in-depth knowledge you need to harness the next opportunity with confidence.
Top stories and biggest trading opportunities
31 May 01.51
BRN to recover above 21-period SMA (~$82.793/bbl)?
BRN bulls are attempting to recover from yesterday's (May 30th) sharp slide following comments from US Fed officials. An unexpected rise in the EIA gasoline stock change (+2.022M vs. 0.40M expected) also weighed on oil prices, suggesting weaker demand ahead of the key summer driving season in the US.
31 May 10.20
GOLD consolidates under 21-period SMA ahead of US PCE reading
PCE reading (the Fed's preferred way of measuring inflation) could potentially influence the Fed's interest rate decision at the next meeting. Higher for longer interest rates could contribute to the rise of the US dollar, pushing the price of the zero-yielding metal lower.