Will the dollar face the same fate as copper? Positioning may be a clue
Today, copper set a new historical record, increasing by over 30% in just three months. However, today's move to an all-time high was likely fueled by the so-called short squeeze. According to [...]
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9 May 2024
Is this the end of several weeks of declines in oil prices?
U.S. crude oil inventories fell by 1,4 million barrels last week to 459,5 million. This is more than analysts' expectations. Here, a decrease of 1,1 million was expected. The market ignored the increase [...]
1337
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April 26 2024
The cuts in the US are moving away, clearly inflationary data
Yesterday's US GDP report was what the Federal Reserve didn't want to see. Lower economic growth and clearly inflationary data. This report led to a clear decline in expectations for interest rate cuts in [...]
1181
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April 25 2024
PLN dependent on GDP and PCE inflation data from the United States
The zloty exchange rate reversed after a sharp previous depreciation along with the de-escalation of tension in the Middle East, which allowed the markets to reduce the valuation of uncertainty in the form of a drop in expected volatility. This is the growth [...]