Macro Updates
Updates issued "intra-week" on the instruments included in our Macro newsletter
70 current Macro updates available
Macro Updates
UK 10 year gilts update - 23 October 2024
We wrote a pretty thorough long and near term analysis back on 16 October in which the basic premise was that a very long cycle trough was due around now but that price would tactically drop first. We have now been through the anticipated decline and have rebounded out ... ...
Macro Updates
Copper update - 18 October 2024
In Monday's macro outlook we were looking lower for the 80 day cycle trough. Price has continued to fall across the week, but with an uplift in China indices, we could be seeing a bottoming formation now. Time to consider targets and confirmation levels: ...
Macro Updates
US Dollar vs. South African Rand (USDZAR)- 17 October 2024
The South African Rand (ZAR) is sensitive to industrial metals prices, which in turn makes it a China and a global growth play. Other things equal and simply put, if ZAR strengthens, then the industrial metals market is robust; if it falls then the reverse is true. ...