The Independent News and Data Provider
The big question for oil is whether the current bounce in prices represents a reversal back into a more bullish longer-term phase after a long-term low, or whether it is just a kind of ‘dead cat’ bounce.
The Australian Dollar stabilised following an overnight slump on Tuesday but the outlook is growing more uncertain as commodity price headwinds return to haunt the currency.
GBP/EUR is falling back into the middle of the range as a result of growth qualms as the new trading week begins.
The gap between Australian and US bond yields now favours the US Dollar but strategists don't expect this to cause much further headache.
The New Zealand Dollar is well below what it should be according to bank estimates but rather than expecting it to recover, analysts see the currency as down and out.
Brent Crude will average 61 dollars per barrel in 2017 as demand continues to creep higher.
Why the Australian dollar should be considered overvalued and why the future of copper prices matter.
Moves by China to cut the cost of borrowing have stabilised the commodity currency family.