ETHUSD started off the week with bearish momentum, having dipped to the 3700 level yesterday. While ETHUSD has been outperforming many of its peers, the broader crypto space still is signaling some downward trends in the near-term. This was on full display Tuesday as BTCUSD and other major coins

The pair continues to trade at its highest in five years and barring any major risk-off shift, it may be tough for sellers to turn the tide unless we see a technical air pocket at the 116.00 level itself.
Otherwise, the dollar can take comfort from higher yields but bond traders will have to fig

The bloc is expected to stick with the status quo and keep with the planned 400k bpd increase in February. Considering how members are content with the oil price rebound after the slump in late November, I don’t see why they should change things up now.Oil is continuing to make more headway in the n

That will depend on the continuation of flows from yesterday, adding to the mix ahead of the FOMC meeting minutes release as well as the US non-farm payrolls release on Friday.

The wedge pattern certainly indicates that eventually, something’s gotta give.
And if yields are to break to the topside

Prior 67.2k
Net consumer credit £1.2 billion
Prior £0.7 billion; revised to £0.8 billion

Slight delay in the release by the source. Mortgage approvals are seen steadying as conditions start to moderate from the peak in the months before. This comes as housing market activity also ease

It’s mostly quiet in the market still so far today. So, why not wrap your head around some of the big issues and themes that will come into play in 2022? I’ll leave it at that. Enjoy!Video: What to expect in 2022Supply bottlenecks to continue well into 2022?A look out at Europe going into 2022Omicro

The current plan is that OPEC+ will be proceeding with a 400k bpd increase in oil output in February. And that expectation is rebuffed by an earlier report by Reuters, citing three OPEC+ sources.As things stand, it doesn’t appear that the bloc wants to shake things up too much. The omicron scare is

The loonie was the only major currency to have outperformed the dollar last year. Will we see more of the same in 2022?
If anything, I would argue that question will go down to how hawkish the BOC will be compared to the Fed. Both central banks are on course to at least hike rates three times, with

Domestic sight deposits CHF 648.9 bn vs CHF 650.0 bn priorPrior week’s release can be found here. Little change in terms of overall sight deposits in the past week but the overall trend remains clear that the SNB is continuing to intervene to limit franc strength. Their balance sheet remains bloated

A positive takeaway from the report highlights that supply constraints are easing somewhat but they are still persistent. Firms capitalised on that by adding to inventories at the fastest rate recorded by the survey but manufacturing output and overall conditions remain rather stagnant from November