AUDUSD Falls Yet Again
9 months ago
AUD is coming under fire today, and as we have already noted, the fallout in the equity markets is the key catalyst for AUD/USD returning to 0.7400. As yet, the move is relatively tight -40 ticks to the downside compared...
2 Comments
13587 views
Base Metals Are Still Feeling The Effects Of Trade Wars
9 months ago
Aluminium, zinc, tin and copper have taken a hit in recent days as the trade war between China, America and the EU escalates.
Copper, in particular, is headed south toward $3/lb which in the past has been defende...
1 Comments
15475 views
Market Recap - Markets Continue To Be Hit By Trump's Trade Wars
9 months ago
Shares in the Asia Pac area struggled overnight as they had a chance to react to the EU and America's latest trade dispute. Late on Friday evening, the US president stated he would look place a 20% tariff on EU ...
1 Comments
14818 views
OPEC Finally Agree On A Supply Extension Deal
10 months ago
Spot WTI moved out of its base consolidation today, as traders heard of a deal made by OPEC to increase supply by 600k BPD. Apparently, they will implement this increase by September. The deal is said to be 1mln BPD...
0 Comments
16734 views
Market Recap - Equities Continue To Feel Trade War Jitters!
10 months ago
Good morning everybody!
Shares in the US closed lower, as companies are starting to worry about the trade war with China. In the Asia Pac area, the Nikkei (-0.65%) and ASX (-0.11%) followed the US bourses, however the...
0 Comments
15716 views
Oil Whipsawing Around As OPEC Remains Indecisive
10 months ago
Spot WTI has been very volatile today, as OPEC delegates fail to make up their minds on the size of the increase in output. Iran seems to be causing problems, and sources have reported that the Iranian delegate commented that...
1 Comments
16998 views
Market Recap - Coppers Spectacular Demise Continues
10 months ago
Good morning everyone, what a day we had in the market's yesterday!
Markets in the US closed mixed yesterday as the tech-heavy Nasdaq steamed ahead, closing at 0.72% higher, whilst the Dow underperformed and finished d...
0 Comments
17001 views
Market Recap - A Small Turnaround In Equities & Commodities Overnight
10 months ago
US bourses closed in the red last night, with the worst performer the dow, trading lower by 1.15%. No such problem in Asia as traders turned positive, the Nikkei and ASX both traded over 1% higher. The Shanghai Comp. gai...
0 Comments
18524 views
Copper Falling Of A Cliff...
10 months ago
With Donald Trump considering additional trade tariffs the likes of copper, oil, and gold are falling hard. Copper is having a knock-on effect on AUD and also commodities related stocks (Glencore -2%). Markets in China pointe...
0 Comments
18015 views
Market Recap - Trump Throws His Toys Out The Pram, Again
10 months ago
Stocks traded in a subdued manner over in Wall St., as the Nasdaq traded flat and the S&P (-0.21%) and Dow (-0.41%) both closed in the red. In the Asia Pac area, there was a sea of red as the U.S President escalated the t...
0 Comments
19650 views
The OPEC Saga Continues
10 months ago
It's that time...OPEC and Non-OPEC officials are set to meet in Vienna again! This time we are looking to find out how the cartel is expecting to exit (taper) the output cut agreement. It is said that there may be a ...
0 Comments
19305 views
Market Recap - Shares In Asia Fall, As Trade War Intensifies
10 months ago
Overnight the Nikkei 225 and Shanghai Comp. both fell 0.73%, as the US president kept his conviction regarding the tariffs on Chinese goods. Late in the session on Friday, President Trump announced a 25% tariff on $50bln...
0 Comments
20676 views
