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Investment Bank Outlook

Institutional insights: Deutsche Bank USD & Oil
Institutional insights: Deutsche Bank USD & Oil

Why the USD Is Undershooting OilThe USD has become positively correlated with oil since the US shifted from being a net energy importer to a net oil and gas exporter. In theory, higher oil should now...

Institutional FX Insights: JPMorgan Trading Desk Views 14/5/26
Institutional FX Insights: JPMorgan Trading Desk Views 14/5/26

JPM G10 FX Daily — Trading Desk ViewsEUR: Starting to Look Like a Tactical ShortThese are long days, even when you manage to escape for a few hours of client meetings.Long ends remain under pressure,...

Institutional Insights: Goldman Sachs AUDNZD
Institutional Insights: Goldman Sachs AUDNZD

AUD/NZD: Deserved Divergence, but Positioning Is Getting StretchedAUD has been one of the strongest G10 currencies since the start of the energy shock, and AUD/NZD is now at its highest level in more...

S&P500 Trading Update 13/5/26
S&P500 Trading Update 13/5/26

S&P500 Trading Update 13/5/26***QUOTING ES1! FOR CASH US500 EQUIVALENT LEVELS, SUBTRACT POINT DIFFERENCE***WEEKLY BULL BEAR ZONE 7280/70WEEKLY RANGE RES 7504 SUP 7340May OPEX Straddle: 225pt range...

Institutional FX Insights: JPMorgan Trading Desk Views 13/5/26
Institutional FX Insights: JPMorgan Trading Desk Views 13/5/26

JPM G10 FX DailyEUR: Nothing to Do Until the Range BreaksThere is very little new news. At least UK politics made yesterday go a bit quicker.More broadly, it remains hard to get excited about FX...

Instittutional Insights: UBS ' Gold, Tactical Weakness, Strategic Strength'
Instittutional Insights: UBS ' Gold, Tactical Weakness, Strategic Strength'

Gold: Tactical Weakness, Strategic Bull Case IntactGold has corrected meaningfully from its January highs, trading near USD 4,700/oz, around 12% below its all-time high. The pullback has been driven...

S&P500 Trading Update 12/5/26
S&P500 Trading Update 12/5/26

S&P500 Trading Update 12/5/26***QUOTING ES1! FOR CASH US500 EQUIVALENT LEVELS, SUBTRACT POINT DIFFERENCE***WEEKLY BULL BEAR ZONE 7280/70WEEKLY RANGE RES 7356 SUP 7138May OPEX Straddle: 225pt range...

S&P500 Trading Update 11/5/26
S&P500 Trading Update 11/5/26

S&P500 Trading Update 11/5/26***QUOTING ES1! FOR CASH US500 EQUIVALENT LEVELS, SUBTRACT POINT DIFFERENCE***WEEKLY BULL BEAR ZONE 7280/70WEEKLY RANGE RES 7356 SUP 7138May OPEX Straddle: 225pt range...

Institutional FX Insights: JPMorgan Trading Desk Views 11/5/.26
Institutional FX Insights: JPMorgan Trading Desk Views 11/5/.26

JPM G10 FX Daily EUR: Rangebound Until the Next Headline Breaks ItGeopolitics is still a major focus, and the lack of clarity is keeping markets in a volatile state.The Middle East situation remains...