10th November 2021

Bank of England holds rates, GBP slides lower

The Bank of England has disappointed markets and not hiked rates. Reaction on GBP has been decisive.

10th November 2021

S&P futures hint at profit-taking as opportunities lie ahead

After such a strong run higher, the chart of S&P 500 futures is beginning to wane slightly. We b (...)

10th November 2021

Espresso morning call: Wednesday 10th November 2021 trading updates

The first signs of a near-term pullback on Wall Street have come in. The reaction of the bulls today (...)

9th November 2021

Recoveries on precious metals approach key inflexion points

With real yields falling, this is supportive for precious metals. The impact on the outlook for gold (...)

9th November 2021

Espresso morning call:Tuesday 9th November 2021 trading updates

The Monday consolidating continues today amidst cautious early trading. The signs of a developing ne (...)

8th November 2021

Espresso morning call:Monday 8th November 2021 trading updates

The surprise reaction to Friday’s better than expected US jobs report is still in the market.

4th November 2021

Fed tapering begins tentatively but could see more

The Federal Reserve has tentatively started to reduce asset purchases. Although there was no hawkish (...)

4th November 2021

Espresso morning call: Thursday 4thNovember 2021 trading updates

The dust is yet to settle following the FOMC meeting last night. A kickback against the USD strength (...)

3rd November 2021

Oil rally shows signs of faltering, but no top pattern yet

The technical analysis of oil shows that the sharp rally is beginning to falter. This may turn corre (...)

3rd November 2021

Espresso Morning Call 3rd November 2021

There is a subdued feel to markets early today as traders look ahead to a crucial and likely histori (...)

2nd November 2021

All-time highs won’t stop Wall Street from further gains

Wall Street hitting all-time highs ahead of the Fed meeting could give an excuse for some profit-tak (...)

2nd November 2021

Espresso Morning Call 2nd November 2021

There is a mild negative bias that has taken hold this morning. JPY is outperforming, whilst USD is (...)