AUDUSD Falls Yet Again
11 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
13634 views
Base Metals Are Still Feeling The Effects Of Trade Wars
11 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
15531 views
Market Recap - Markets Continue To Be Hit By Trump's Trade Wars
11 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
14872 views
OPEC Finally Agree On A Supply Extension Deal
11 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...
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16824 views
Market Recap - Equities Continue To Feel Trade War Jitters!
11 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...
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15784 views
Oil Whipsawing Around As OPEC Remains Indecisive
11 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
17067 views
Market Recap - Coppers Spectacular Demise Continues
11 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...
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17045 views
Market Recap - A Small Turnaround In Equities & Commodities Overnight
11 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...
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18584 views
Copper Falling Of A Cliff...
11 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...
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18060 views
Market Recap - Trump Throws His Toys Out The Pram, Again
11 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...
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19714 views
The OPEC Saga Continues
11 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 ...
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19348 views
Market Recap - Shares In Asia Fall, As Trade War Intensifies
11 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
20743 views
