News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.34% Silver: 0.20% Gold: -0.18% View the performance of all markets via
  • Fed's Bullard (2023 non-voter, hawk): - Wants to start tapering asset purchases in the fall and finish by March - Standing repo facility may allow banks to hold fewer reserves - Jobs market could be fully recovered by next summer and serve as a condition for rate liftoff
  • 🇺🇸 Michigan 5 Year Inflation Expectations Final (JUL) Actual: 2.8% Previous: 2.8%
  • 🇺🇸 Michigan Inflation Expectations Final (JUL) Actual: 4.7% Previous: 4.2%
  • 🇺🇸 Michigan Consumer Sentiment Final (JUL) Actual: 81.2 Expected: 80.8 Previous: 85.5
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.31%, while traders in Wall Street are at opposite extremes with 71.15%. See the summary chart below and full details and charts on DailyFX:
  • US Dollar Little Fazed by Core PCE; Focus on Jobs & Sentiment Link to Analysis - $USD $DXY #ForexTrading
  • The $USD has finally found some semblance of support after a one-sided sell-off following #FOMC support currently holding in confluent zone with a couple of fibo levels b/w 91.82 and 91.93 $DXY
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 0.30% Oil - US Crude: 0.27% Gold: -0.10% View the performance of all markets via
  • Heads Up:🇺🇸 Michigan 5 Year Inflation Expectations Final (JUL) due at 14:00 GMT (15min) Previous: 2.8%
Brexit Impact on Global Financial Markets

Brexit Impact on Global Financial Markets

Ilya Spivak, Head Strategist, APAC

Talking Points:

  • Pound soars, Yen drops as polls show "Brexit" support ebbing
  • Financial markets may overlook RBA minutes, Yellen testimony
  • UK referendum threatens to unleash unprecedented volatility

The British Pound and the Euro soared after a set of polls released over the weekend pointed to ebbing support for "Brexit" ahead of the UK EU membership referendum later this week. Risk sentiment swelled, with commodity-bloc currencies and crude oil following shares higher while the Yen, gold and US Treasury bond futures fell in tandem.

While the week ahead offers a wealth of typically market-moving event risk - minutes from the last RBA meeting, testimony from Fed Chair Janet Yellen and flash Eurozone PMI figures are all on tap - investors are likely to be singularly focused on the UK's in/out referendum on EU membership on Thursday.

One-week implied volatility readings are grotesquely high across the G10 FX space and price action at the start of the week underscores the danger posed by Brexit-related news flow across the universe of assets. It seems prudent for traders to stand aside and watch the fireworks from the sidelines.

--- Written by Ilya Spivak, Currency Strategist for

To receive Ilya's analysis directly via email, please SIGN UP HERE

Contact and follow Ilya on Twitter: @IlyaSpivak

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.