Submitted Feb 27, 2018|From orbex.com

The Italian elections are now just one week away and the latest polling results continue to highlight uncertainty around the event. Some polls suggest that the Eurosceptic Five Star Movement will win while most highlight the likelihood of a hung ...

Submitted Feb 19, 2018|From orbex.com

Non-Commercials reduced their net long positions in the Euro last week selling 14k contracts to take the total position to 127k contracts. Traders have reduced their upside exposure in EUR for two consecutive weeks now as traders have reacted ...

Submitted Feb 12, 2018|From orbex.com|1 comment

Inflation, retail sales and GDP mark the major theme for the week ahead. The UK will be releasing the monthly inflation figures for January followed by retail sales data later in the week. The inflation data will come after the BoE voted to keep ...

Submitted Jan 18, 2018|From orbex.com

Gold prices enjoyed a stellar rally in the immediate aftermath of the 2008 global financial crisis. As the markets across the world plunged, investors sought the safety in gold, often dubbed as a safe haven asset. Gold prices rose to highs of $1920 ...

Submitted Jan 8, 2018|From orbex.com

EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 36k contracts to take the total position to 128k contracts. Investors have been increasing their upside exposure over recent weeks, as the market ...

Submitted Dec 18, 2017|From orbex.com

EURUSD: Non-Commercials have increased their net long positions in the Euro last week, buying a further 21k contracts to take the total position to 113.9k contracts. This latest increase in upside exposure takes EUR longs to their highest levels ...

Submitted Nov 13, 2017|From orbex.com

Non-Commercials reversed their net short positions in Sterling last week buying 3k contracts to take the total position to 1.3k contracts. Sterling short positioning has been steadily squared over the last month as investors adjusted their exposure ...

Submitted Nov 10, 2017|From orbex.com

The precious metals shot up in price this week, benefitting from US Dollar weakness as concerns grow over a potential US tax overhaul with US papers reporting that an important corporate tax cut being discussed, could be delayed by another year. The ...

Submitted Nov 6, 2017|From orbex.com

Non-Commercials increased their net short positions in the Japanese Yen last week selling a further 2k contracts to take the total position to -119k contracts. JPY flows continued to be mainly linked to broader USD themes as well as fluctuations in ...

Submitted Nov 3, 2017|From orbex.com

The price of gold remained positive this weeks as the market moved around a widely expected “unchanged” decision from the Fed. Convening for their November meeting, the FOMC judged that given the continued pace of economic momentum, which is deemed ...

Submitted Nov 1, 2017|From orbex.com|1 comment

Oil prices continued to rise over the first part of the week fuelled by the latest data which shows that production among OPEC members fell over October. A survey compiled by Reuters shows that oil output among the OPEC bloc declined by 80k barrels ...

Submitted Oct 20, 2017|From orbex.com

The recent decline in Iron ore prices looks set to continue as the fundamental picture in China looks increasingly negative. Schroders Plc released a report this week forecasting iron to fall back below $50 over the next year, as the positive impact ...

Submitted Oct 17, 2017|From orbex.com

Non-Commercials increased their net long positions in the Euro last week buying 7k contracts to take the total position to 98k contracts. EUR upside positioning has now moved to multi-year highs as investors continue to expect the announcement of ...

Submitted Oct 2, 2017|From orbex.com

Non-Commercials reduced their net short positions in Sterling last week and flipped net-long, buying 15k contracts to take the total position to 5k contracts. The record GBP short position that began building in response to the June 2016 Brexit ...

Submitted Sep 26, 2017|From orbex.com

It will take quite a while for a new government to be formed and for its fiscal policies and effects on the economy to become clear. Given this, the RBNZ is likely to want to remain on the sidelines ahead of its full economic assessment in November. ...

Submitted Sep 15, 2017|From orbex.com

The US Dollar managed to further its recovery this week, weighing on gold prices. Gold prices had been rising steadily over the last two months fuelled by receding US December rate hike expectations and an increase in geopolitical tensions linked to ...

Submitted Aug 30, 2017|From orbex.com

The New Zealand Dollar fell overnight in response to comments made by RBNZ governor Wheeler who said that “A lower New Zealand dollar is needed to increase tradables inflation and help deliver more balanced growth.” The RBNZ governor also said that ...

Submitted Aug 29, 2017|From orbex.com

Disturbing news are coming (again!) from North Korea, and that brings back the fears of the nuclear war. North Korea launched another ballistic rocket, which flew over Japan’s airspace and fell in the ocean. Such act by North Korea has led the US, ...

Submitted Aug 22, 2017|From orbex.com

The last 12 months have been a constant source of political event-risk with Brexit, the US elections, and European elections all causing elevated volatility at times. Heading into the final third of 2017 this trend shows no signs of slowing down as ...

Submitted Aug 16, 2017|From orbex.com|5 comments

ECB To Verbally Intervene at Jackson Hole Symposium? The Jackson Hole Symposium later this month could be the time at which the ECB opts to do this. However, it is important to point out that the current fundamental environment is different to ...