Top News and Analysis

Undecisive markets awaiting for Powell's speech – Market wrap for the North American session - August 21

August 21st North-American Session Recap – Undecisive markets await for the Jackson Hole Economic Symposium starting tomorrow. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.

21-08-2025 20:56 GMT by Elior Manier

EURUSD slides with focus shifting to the Jackson Hole Symposium

EUR/USD starts to decline after strong PMI data, ahead of Jerome Powell’s Jackson Hole awaited speech. The pair’s recent relief rally after NFP is now facing pressure as Dollar sentiment steadies from Trump leading Ukraine-Russia talks progress. Lagarde is also expected to speak at the Symposium this weekend – Get your EURUSD levels right here.

21-08-2025 18:53 GMT by Elior Manier

Gold (XAU/USD) Eyes $3383/oz After Bullish Pennant Breakout. Will Fed Chair Powell Add Fuel to the Rally?

Gold is targeting $3383/oz after a bullish pennant breakout. With strong US PMI data and mounting inflation pressures, the Fed faces uncertainty. All eyes are on Fed Chair Powell's speech at Jackson Hole for a potential catalyst.

21-08-2025 15:31 GMT by Zain Vawda

ISM manufacturing PMIs lift US stocks from another bearish open – intraday levels for Dow Jones, S&P 500 and Nasdaq

US stocks opened lower, with the Dow Jones, S&P 500, and Nasdaq all trying to retest yesterday’s end session rally levels. Stronger-than-expected ISM Manufacturing PMI (53.3 vs. 49.5) and upbeat Existing Home Sales (4.01M vs. 3.92M) are currently supporting sentiment. We turn to 1H charts for key levels on the Dow, S&P 500, and Nasdaq.

21-08-2025 15:30 GMT by Elior Manier

US Oil (WTI) consolidates at support but looks for direction – rangebound trading levels

US Oil has broken out of its downtrend, lifted by hopes of progress in Ukraine-Russia talks and ongoing Middle East ceasefire rumors. Yet, with supply from Iran persisting and markets awaiting clarity from the Fed and Jackson Hole Symposium, price action remains rangebound. Traders now eye key levels to exploit opportunities within the current consolidation.

21-08-2025 14:23 GMT by Elior Manier

Nasdaq 100 Technical: Potential bullish reversal at 50-day moving average

The Nasdaq 100 staged a fresh record high at 23,936 before retreating 4.2% on valuation and AI bubble concerns. Despite the pullback, fundamentals and technicals suggest the broader uptrend remains intact, with EPS growth improving and valuations still below 2024 peaks. Key support sits at 22,960/22,945, with resistance at 23,420 and 23,660. Traders now await Fed Chair Powell’s Jackson Hole speech for cues on monetary policy and near-term market direction.

21-08-2025 10:36 GMT by Kelvin Wong

Markets Today: Euro PMI Hits 15-Month High, FTSE 100 Retreats From Fresh All-Time Highs, US PMI and Jackson Hole in Focus

Euro and UK PMIs hit new highs, while the FTSE 100 sees a slight retreat. Key focus remains on US PMI data, the unfolding Jackson Hole symposium, and the latest shifts in oil prices. Get the full scoop on Asian tech, European stocks, and currency dynamics.

21-08-2025 09:30 GMT by Zain Vawda

FOMC Minutes, Stocks yo-yo and FED's Cook-ed – Market wrap for the North American session - August 20

August 20th North-American Session Recap – Stocks dawdle around and FOMC Minutes fail to provide more info on the Sep Meeting. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.

20-08-2025 20:52 GMT by Elior Manier

Bitcoin (BTC/USD) Price Outlook: Mixed Signals as Bearish Potential Grows, $108600 May Hold the Key

Bitcoin faces mixed signals and growing bearish potential. Despite ETF outflows, total crypto funds are up, showing investor hope. However, new money inflows are modest, and the market eyes a test of the $108600 support level, the average price for recent buyers. Client sentiment is overwhelmingly long, suggesting a potential deeper pullback. Will Bulls or Bears prevail?

20-08-2025 18:55 GMT by Zain Vawda

Diplomatic advances fail to prevent Stocks correction— North American Mid-Week Market Update

Mid-Week update for North-American Markets – US Indices retract from their highs despite the US regaining some geopolitical credibility. Taking a look at NA index and currency performance combined with a USDCAD intraday chart to spot what's next for American Markets.

20-08-2025 17:15 GMT by Elior Manier

Nasdaq breaks 23,000, leads downside as US indices continue to slide

The Nasdaq selloff is deepening, with the index extending Monday’s sharp losses as overbought conditions and extreme positioning finally catch up to the tech sector. After weeks of relentless all-time highs, profit-taking and shifting market flows suggest a potential trend reversal may be brewing. This article reviews the technical setup, positioning data, and broader macro themes driving the move.

20-08-2025 14:58 GMT by Elior Manier

The Kiwi (NZD) drops from dovish RBNZ meeting, NZDUSD technical levels

The RBNZ delivered an expected 25 bps cut, but its dovish tone surprised markets. Lower inflation projections, reduced OCR forecasts, and weaker growth and employment outlooks weighed heavily on the Kiwi, sending it lower against major peers. Traders now reassess NZD’s path as policy looks set to stay accommodative.

20-08-2025 13:51 GMT by Elior Manier

WTI Oil Eyes a Bullish Bounce but Bearish Pressure Remains in Play

WTI Oil eyes bullish bounce despite bearish pressure & choppy price action. API shows crude stock drop, but EIA data & Ukraine war updates are key.

20-08-2025 13:39 GMT by Zain Vawda

Markets Today: UK Inflation Hits 18-Month Highs, RBNZ Deliver Dovish Rate Cut, Tech Stocks Drag Indices Lower

UK inflation soars to 18-month highs, RBNZ delivers a dovish rate cut, and tech stocks face a downturn. Delve into how gold, oil, and European shares are reacting to these significant economic developments and geopolitical updates.

20-08-2025 09:37 GMT by Zain Vawda

NZD/JPY Technical: Further Kiwi weakness, torpedoed by an ultra-dovish RBNZ

The RBNZ cut its OCR by 25 bps to 3%, but surprised with dovish guidance, projecting further declines to 2.71% by end-2025 and 2.55% in early 2026. Two officials even pushed for a 50 bps cut, reinforcing easing bias. The Kiwi weakened, with NZD/JPY showing downside potential as bond yield spreads narrow, supporting a bearish medium-term outlook.

20-08-2025 05:35 GMT by Kelvin Wong

RBNZ Meeting Preview: 25 bps Cut Expected. Will it be the Last Cut of 2025?

The RBNZ is set to cut rates by 25 bps. Will this be the last cut of 2025? With inflation still high but the economy slowing, the RBNZ faces a tough balancing act. Explore the potential scenarios for their decision and the crucial forward guidance. Technical analysis for NZD/USD and client sentiment data is also explored.

19-08-2025 23:17 GMT by Zain Vawda

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Peace in Europe coming soon? – Market wrap for the North American session - August 19

August 19th North-American Session Recap – The USD regains some ground with some mean-reversion flows from yearly trends as US credibility regains some ground. Will we see peace in Eastern Europe soon? Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.

19-08-2025 20:44 GMT by Elior Manier

Silver (XAG) and other metals fall as Markets price-in ease in Ukraine War

Precious metals face sharp profit-taking after months of outperformance, alongside other 2025 winners like tech and cryptocurrencies. With flows rotating out of the US Dollar, gold and silver had surged on themes of de-globalization and fiat skepticism. Today’s focus shifts to Silver, as markets reassess the sustainability of this rally.

19-08-2025 18:42 GMT by Elior Manier

GBP/USD Forecast: Cable at Crucial 1.3500 Handle as Inflation Data Looms

GBP/USD is at the crucial 1.3500 handle ahead of key UK inflation data, which is expected to rise. The US dollar is vulnerable ahead of FOMC minutes and Jackson Hole. Technical analysis and sentiment both show choppiness and indecision when it comes to GBP/USD . Will we get clarity this week?

19-08-2025 16:22 GMT by Zain Vawda

The Dow Jones racing to new all-time highs on continued index rebalancing flows

Tech earnings triggered profit-taking in the Nasdaq after months of new highs, while the Dow Jones opened strong. With the Nasdaq-to-Dow ratio near 2, flows suggest mean reversion as investors rotate into the US 30 and trim stretched tech exposure. Markets await clearer signals from geopolitics and the rate outlook to guide the next leg.

19-08-2025 14:43 GMT by Elior Manier