• Key economic events and reports for the week ahead

    Monday, August 10, 2020 – JOLTs Job Openings (Jun)(USD).

  • Iraq Says it will Make Additional Supply Cuts, Offering Supportive Price Outlook

    Iraq said on Friday that it will cut oil production by another 400,000 bpd in both August and September to offset overproduction over the past three months.

  • The Friday Forex Takeaway – Episode 46

    Key Points From This Week Metals Hit Fresh Highs Gold prices broke out to fresh all-time highs this week as the US Dollar continues to sell off and broader risk factors develop. The sell-off in the US Dollar continued despite better data this week with the ISM manufacturing and non-manufacturing readings both beating expectations. However, […]

  • Top Trump Moments This Week

    As the US presidential elections draw ever nearer, it seems that pressure on Donald Trump is causing him to move deeper into the shock-and-awe tactics which made him so attention worthy during the course of his first election campaign. Over a presidency marred with controversy and scandal it seems that Trump has lost little of […]

  • Interim USD Strength Suggests NFP can be a Trigger for Stock Market Sell-off

    US Dollar oversold hit a 40-year high said Morgan Stanley on Friday, adding that it had changed its USD stance from “sell” to “tactically neutral”.

  • Live Market & Trade Analysis Session

    Live Market & Trade Analysis Session In this weeks live market analysis session, we reviewed the seasonal and flow dynamics driving Gold & the DXY, I also highlight setups in the S&P500, NZDUSD, US Dollar Index, EURUSD, AUDUSD, GBPUSD  you can watch the full recording here Be sure to join me every Thursday at 1pm […]

  • Daily Commodity Outlook, 7 August 2020

    Stocks dropped Friday, led by Chinese technology firms, after a U.S. move to prohibit transactions related to WeChat stoked tensions. Treasuries and the dollar rose. China and Hong Kong shares saw the bulk of losses, with WeChat operator Tencent Holdings Ltd. slumping more than 7%. The offshore yuan also retreated along with S&P 500 futures.  […]

  • Daily Market Outlook, August 7, 2020 

    Daily Market Outlook, August 7, 2020  Asian equity market is down this morning led by a decline of more than 2% in China’s indices. Reports attribute the weakness to President Trump’s signing of executive orders targeting TikTok and WeChat. This would mean that US residents must stop doing business with the Chinese companies within 45 […]

  • Is the July NFP Priced in? USD Price Action After ADP Reports Suggests it is

    As expected, the ADP report showed that dynamics of US employment in July was on the verge of depression: US economy gained only 167K jobs against the forecast of 1.5M.

  • The Crude Chronicles – Episode 50

    Oil Traders Reduce Longs The CFTC COT institutional positioning report shows that traders reduced their net long positions in WTI markets last week by 16,307 contracts, taking the total position to 532569 contracts. This latest adjustment in positioning reflects the loss of upside momentum in oil markets over recent trading as growing negative risks emerge. […]

  • BOE Discussing Negative Interest Rates in The UK

    BOE Leaves Rates Unchanged The Bank of England left its monetary policy levels unchanged at its August MPC meeting yesterday along with a message that the downturn is likely to be less severe than initially thought.  However, the BOE was clear that the downturn in the UK was worse than the downturn seen in rival […]

  • Daily Commodity Outlook, 6 August 2020

    A rally in Asian stocks faltered Thursday as investors weighed more signs of tension with U.S.- China relations and ongoing negotiations on an American stimulus package. S&P 500 contracts edged up after the gauge rose to within 2% of its record closing high in the wake of encouraging news on the vaccine front.  The dollar […]

  • Daily Market Outlook, August 6, 2020 

    Daily Market Outlook, August 6, 2020  Asian equity market is mixed this morning with China and Japan down despite gains yesterday in Europe and the US. Chinese stocks may have been hurt by US Secretary of State’s announcement of a plan to ‘clean the network’. It is thought that may include removing “untrusted” Chinese apps […]

  • EUR/USD: New Heights Ahead?

    Today we review the potential future of currency pairs EUR/USD and USD/RUB, and stock index S&P500.

  • Daily Commodity Outlook, 5 August 2020

    Asian stocks opened mixed on Wednesday as investors mulled the progress of stimulus talks in Washington and reports of a plan to review the U.S.-China trade deal.  S&P 500 contracts were little changed after the index wavered between losses and gains through Tuesday before closing modestly higher.  The dollar weakened against major peers. Ten-year Treasury […]