David Scutt's Opinion & Analysis
A complete archive of David Scutt's articles, including current analysis & opinion - Page 5
NZ activity sluggish despite rate cuts, soft surveys remain recessionary
Markets, economists favour 50bps RBNZ cut, 75bps looks underpriced
Cash rate 175bps above neutral, according to RBNZ...
Treasury moves, not Nvidia or geopolitical headlines, drive EUR/USD and GBP/USD price action
Both pairs whipsawed as yields rose, with technical signals offering mixed clues.
Momentum favours buying...
Silver breaks pennant support; $30.80 key for further downside
Copper stalls near $4.176; bear flag warns of resumption of bear trend
Mixed momentum signals; MACD lags RSI (14) on both...
Hot Canadian inflation report sees USD/CAD sink to known support level
EUR/USD whipsawed by geopolitical headlines; near-term bullish bias retained
Overview
Canada’s inflation report was a little...
The bounce in gold and silver prices we were expecting has materialised, helped along by a quiet US calendar that has capped the relentless rise in US Treasury yields. While some headlines suggest...
USD/CAD prints a bearish engulfing candle after protracted uptrend
Canadian inflation report provides near-term event risk
Markets split on whether BoC will deliver consecutive 50bp...
Morning star pattern suggests EUR/USD may have bottomed
EUR/USD correlates closely with copper and Hang Seng futures, along with US-German yield differentials
Technicals and Chinese sentiment likely...
Gold, silver eye recovery as US bond yields stabilise
Quiet Fed, economic calendar limits fresh yield drivers
Strong inverse correlation with US rates supports metals
Technical signals hint at...
AUD/USD hinges on US yield consolidation and Chinese market recovery.
Strong correlations with copper, WTI, and Hang Seng futures, along with US rates
Technical picture suggest potential for a...
Silver and NZD/USD hit fresh lows, pressured by rising U.S. rates and strong dollar
Quiet economic calendar next week could allow for countertrend reversals
Key levels offer fresh trading...