Trump and Kim Have Their Long-Awaited Showdown
9 months ago
Bourses in the US ticked up slightly as the market remains tentative ahead of key risk events. Asian markets followed suit and showed slightly more conviction as the Nikkei jumped 0.42%, ASX 0.15% and the Shanghai Comp. 0.85%...
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24800 views
GBP Takes A Dive On The Back Of Weaker Production Numbers
9 months ago
GBP takes a dive on the back of both weaker production numbers, as well as a widening in the trade deficit, which is now at levels seen in late 2016. This will make a big dent in the Q1 GDP figures unless we see a mater...
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25245 views
Natural Gas Currently Trades 1.36% Higher
9 months ago
Equities in the Asia Pac region have started mixed this week, the Nikkei is the outperformer up half a percent and this is despite a frosty G7 meeting over the weekend. The ASX traded lower by 0.20% and the Shanghai Comp. was...
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25279 views
Following Some Recent Data, Sterling Is Heading Towards 1.3259
9 months ago
Sterling has taken a fresh leg lower after some potentially constructive moves today. Some of the recent UK data has been cause for optimism. However, in the background, we have the never-ending Brexit saga, which is cur...
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27566 views
Oil Markets Traded Higher Yesterday As Venezuela Continues To Find It Difficult To Meet Its Supply
9 months ago
US bourses closed mixed yesterday as the Dow closed higher by 0.38%, the S&P (0.07%) Nasdaq (0.70%) underperformed. The risk-off sentiment filtered through to Asia as the Shanghai Comp. (-1.78%), Nikkei (-0.53%)...
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26762 views
Market Recap - US Dollar Weakened, Commodities Enjoyed The Benefits
9 months ago
US bourses closed on a positive note yesterday with the Dow outperforming trading higher by 1.40%. In the Asia Pac area it was pretty much the same story as the Nikkei 225 rose nearly 1%, ASX half a percent and the Shanghai C...
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27275 views
Nasdaq Closed At Record Highs Once Again
9 months ago
Over in the States, the Nasdaq closed at record highs once again for the second day this week and the S&P and Dow traded largely flat. Over in the Asia Pac area markets traded mixed as the ASX (0.50%) and the Nikkei (0.36...
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27484 views
Sharp Decline In The Price Of Oil, Currently Trading Around $64.87
9 months ago
We have just seen a sharp move down in WTI (5 min chart) after the U.S. government was said to have quietly asked Saudi Arabia and some other OPEC producers to increase their oil production by about 1 million barrel...
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27850 views
EUR/USD - Where Could We Go Next?
9 months ago
EU retail sales is never a major mover of the EUR, but under the circumstances, could at least weigh little to cause some underperformance in the crosses.
EUR/USD looks tired on the downside, so we are more likely to see a...
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29171 views
Recap: US indices Traded In The Green Yesterday As The Tech Sector
9 months ago
US indices traded in the green yesterday as the tech sector outperformed, as the Nasdaq closed at record highs. In the Asia Pac area we have traded mixed, the Shanghai Comp. (0.48%) and Nikkei (0.27%) both traded in the black...
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29793 views
Oil Breaks Support Level - 0.81% Lower On Today's Session
9 months ago
Goldman Sachs commented on oil markets this morning saying 'Robust US Oil Demand Trends Continued In March, Overall Demand Rose By 2.6% (Estimate 1.0%)' and looking forward they see 1.8 Mn BpdIn 2018 Gl...
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29633 views
US Dollar Pullbacks With Expectations Of A Retracement
9 months ago
Markets have stumbled back into action today more than anything else, with the USD pullback testing some acknowledged levels against the majors but running into good support as rate differentials remain a key driver for some....
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30528 views
