GBPUSD: Inflation Rally Fading, Bearish Signals
GBPUSD traded up to fresh highs for the year today on the back of the latest UK economic data this morning. Annualised headline CPI was seen jumping to 3.5% from 2.6% prior, above the 3.3% the market was looking for.
Institutional Insights: Goldman Sachs - SP500 Positioning and Key Levels 20/05/25
US Equity Positioning and Key Levels
FICC and Equities
19 May 2025 | Consolidated Recap of GS Positioning Metrics
Daily Market Outlook, May 19, 2025
Daily Market Outlook, May 19, 2025
Patrick Munnelly, Partner: Market Strategy, Tickmill Group
Munnelly’s Macro Minute…
Daily Market Outlook, May 15, 2025
Daily Market Outlook, May 15, 2025
Patrick Munnelly, Partner: Market Strategy, Tickmill Group
Munnelly’s Macro Minute…
Institutional Insights: Goldman Sachs SP500 Positioning & Key Levels 13/05/25
Equity Positioning and Key Levels
FICC and Equities | 12 May 2025 |
Below is a recap of the GS positioning metrics:
Gold Drops on US/China Tariff Reduction News
Gold prices have come under heavy selling pressure today amidst a rise in risk appetite in response to news of tariff reductions between the US and China. Following two days of talks over the weekend, the two sides agreed a 90-day window of tariff reductions to allow for further negotiations aimed at securing a new trade deal.
Copper Bulls Hoping For US/China Trade Progress
Copper prices are looking more stable ahead of the weekend as optimism over US/China trade relations helps stem the selling we saw earlier in the week.
EURUSD Rallies on Eurozone Inflation Jump
EURUSD is rallying today on the back of the latest eurozone inflation data released this morning.
S&P 500 Futures (ES1!) H4 | Overlap Resistance at 50% Fibonacci Retracement
Key Levels:
Resistance: 5,817.50
Pivot: 5,523.50
Support: 5,146.75
Daily Market Outlook, March 24, 2025
Daily Market Outlook, March 24, 2025
Patrick Munnelly, Partner: Market Strategy, Tickmill Group
Daily Market Outlook, March 11, 2025
Daily Market Outlook, March 11, 2025
Patrick Munnelly, Partner: Market Strategy, Tickmill Group
Munnelly’s Macro Minute...
Daily Market Outlook, March 4, 2025
Munnelly’s Macro Minute...
Global markets experienced volatility as President Donald Trump’s tariffs on Canada, Mexico, and China took effect.
Institutional Insights: Credit Agricole FX Weekly 28/02/25
USD: exercise caution regarding tariffs in March (or possibly April?)
Institutional Insights: Goldman Sachs - Gold: Profit Taking
Gold Futures: Profit Taking
After enduring several days of broader weaknesses in commodities, Gold experienced a pullback on February 25th. A significant amount of profit taking appeared to take place through futures, continuing the overall trend noted in the latest Commitment of Traders reports.
Daily Market Outlook, February 3, 2025
By Patrick Munnelly
Munnelly’s Macro Minute...
"Trump Tariff Turmoil Sparks Another Risk-Off Start To The Week”
FX Options Insights 27/01/25
FX Options Insights 10/01/25
Written by Patrick Munnelly
Daily Market Outlook, December 10, 2024
Munnelly’s Macro Minute...
"China Stimulus Stock Surge See’s Buyer Remorse Set In”
Crypto Explodes With Sector-Wide Price Surge
By James Harte
Nov 11th, 2024
Daily Market Outlook, November 1, 2024
Munnelly’s Macro Minute…
"Markets Spooked Ahead Of Next Week's Fireworks”
Daily Market Outlook, October 11, 2024
Munnelly’s Macro Minute…
"Once Bitten Twice Shy - Markets Muted Ahead Of China’s Weekend Stimulus Briefing”
Daily Market Outlook, October 8, 2024
By Patrick Munnelly - Added 08/10/2024
Munnelly’s Macro Minute…
"China Policymakers Broad Strokes Stimulus Rhetoric Disappoints Investors”
Crude Spikes on Iran-Israel War Fears
By James Harte - Added 02/10/2024
Daily Market Outlook, September 24, 2024
By Patrick Munnelly - Added 24/09/2024
Munnelly’s Macro Minute…
"China Stimulus Announcement Fuels Risk Sentiment Surge"
Daily Market Outlook, September 11, 2024
By Patrick Munnelly - 11/09/2024
"Yen Pops, Trump Odds Drop, Markets Await US Inflation Data”
Daily Market Outlook, September 5, 2024
Munnelly’s Macro Minute…
"Markets Muted Ahead Of Pivotal Non-Farm Payrolls Friday”
USDJPY H1 | Bearish Drop
By Desmond Leong - 03/09/2024
Technical Analysis - FOREX
Daily Market Outlook, August 2, 2024
Daily Market Outlook, August 2, 2024
Munnelly’s Macro Minute…
“A Sea Of Red As US Recession Fears & Geopolitical Tensions Rise”
Daily Market Outlook, June 24, 2024
By Patrick Munnelly
Munnelly’s Macro Minute…
“Geopolitical Uncertainty Weighs On Risk Sentiment”
Daily Market Outlook, June 3, 2024
By Patrick Munnelly
Munnelly’s Macro Minute…
“ECB & US Payrolls Data The Macro Drivers For The Start of June”
Daily Market Outlook, April 30, 2024
Munnelly’s Macro Minute…
“Month End Positioning Expected To Drive Dollar Demand”
Daily Market Outlook, April 25, 2024
Munnelly’s Macro Minute…
“META Miss Leaves Investors Cautious Ahead Of US GDP Print”
Daily Market Outlook, April 23, 2024
Daily Market Outlook, April 23, 2024
Munnelly’s Macro Minute…
“PMI Data On Deck Ahead Of Tesla Earnings Report”
Daily Market Outlook, April 9, 2024
By Patrick Munnelly
Munnelly’s Macro Minute…
“Markets Remain Muted Ahead Of US Inflation Data”
Daily Market Outlook, April 4, 2024
Munnelly’s Macro Minute…
“Powell Rate Rhetoric Sinks Dollar, Risk Sentiment Rises”
Daily Market Outlook, March 1, 2024