Weekly Report
EUR range-bound near 1.20 as both Fed and ECB signal patience with modest consensus targets of 1.14-1.22 through year-end awaiting fresh catalysts
Weekly Report
Defensive and fearful near-term given violent AI spending concerns selloff, but acknowledging oversold technicals and upcoming March seasonal strength could provide recovery catalyst
Weekly Report
Cautiously bearish expecting structural oversupply and weak Chinese demand to push prices toward $55-58 range over 2026 despite OPEC+ Q1 production freeze providing temporary support
Weekly Report
Most analysts targeting $75-90 consolidation near-term with longer-term forecasts extending to $100-150 by mid-2026 if supply deficit and China restrictions persist though CME intervention creates uncertainty and regulatory overhang
Weekly Report
Copper rallied to record highs on supply concerns with elevated prices expected into 2026 but near-term consolidation likely as market digests extraordinary gains, COMEX inventory surge to 503,000 mt, and China Q4 demand declining 8% YoY
Weekly Report
Neutral to mildly bullish consolidation expected as February 5 BoE narrow 5-4 vote signals approaching end of easing cycle despite persistent inflation while USD weakness provides tailwind offsetting bearish February seasonality
Weekly Report
Small-caps positioned to extend outperformance following historic breakout with superior 17-22% earnings growth and Fed easing supporting continued rotation despite January 29 pause
Weekly Report
Rapidly shifting from bearish expecting continued RBA cuts toward aggressive bullish recognizing inflation-driven hawkish pivot creates unprecedented multi-month support with February 3 hike validating transformation
Weekly Report
Constructive consolidation within structural bull market as extraordinary 2025 gains digest against 2026 balanced forecast, with February seasonal support providing near-term floor before next directional move
Weekly Report
Fed easing cycle dramatically shallower than expected with terminal rate near 3% creating structurally bearish duration outlook; March 18 FOMC likely on hold with bonds consolidating 112-118 awaiting clarity
Weekly Report
Cautiously bullish on Trump-Xi breakthrough potential upgrade to 20 MMT but concerned about pricing execution risk and whether deal represents consideration versus confirmation
Weekly Report
Bearish consensus has complete dominance expecting continued weakness with January WASDE confirming oversupply trajectory yet acknowledging potential for tactical bounces from extreme positioning and emerging Black Sea weather concerns