Downgrade

Crude Oil, WTI, Brent, Fitch, US Treasury, EIA, API, RBOB, Backwardation, OVX – Talking PointsCrude oil headwinds mount despite favourable inventory dataA switch may have been flicked in the underlying structure of the WTI futures marketIf…

Japanese Yen (USD/JPY, EUR/JPY) AnalysisThe yen claws back some losses after BoJ minutes and clarity from Deputy Governor Uchida on the intention of recent yield curve adjustmentUSD/JPY heads lower after BoJ meeting and US credit…

Share: WTI crude oil benchmark is down 3.24% after hitting a daily high of $82.39. Fitch’s revision of US…

Share: Dow Jones futures fall 0.3% after Fitch downgrades US credit rating to AA+. DJIA is overbought on…

Euro Vs US Dollar, Australian Dollar, New Zealand Dollar – Outlook:EUR/USD rose a bit after US rating downgrade.However, growth differentials remain in favour of USD, limiting EUR/USD’s rise for now.What is the outlook and the key levels…

Gold, XAU/USD, US Dollar, DXY Index, Fitch, AA+, Treasury Yields, GVZ - Talking PointsThe gold price appears directionless despite moves in other marketsThe Fitch announcement might see pressure on risk assets and haven asset tailwindsIf…