Economic news

The Bank of England and European Central Bank are expected to leave rates unchanged as they balance rising inflation and slowing growth.

Focus shifts on the Magnificent 7 earnings season and key central bank meetings as US equities cotninue to power higher.

Technicals are flashing green in the key time frames, and in sentiment CoT speculators remain net long while retail traders are majority short.

Markets remain headline driven as the latest developments in the Middle East point to higher risks of further escalation despite the ceasefire holding.

Latest geopolitical headlines have taken the index lower in the futures market, and in sentiment CoT speculators remain net sell while Capital.com’s clients are majority buy.

US equities are storming higher despite oil still trading at elevated levels amidst the unresolved Middle East conflict. How is this possible?

A crude oil spike often precedes a recession. Should we be worried this time around?

Markets face renewed uncertainty about the Middle East conflict as the US and IRan are unable to reach an agreement, with both threatening further action.

Most of the losses since the start of the conflict have been undone even as oil prices remain high, and in sentiment CoT speculators have notably increased their net sell bias.

Equities continue to trade the optimism around the ceasefire agreement in the Middle East despite its fragility as focus shifts towards earnings season.