• Precious Metals Monday 16-12-2019

    Gold The gold market continues to hold in the recent consolidation pattern which has persisted over the last five weeks, following the heavy sell-off over the first week of November. Some important developments to note over the recent week, which could impact the course of metals trading this week. First and foremost, the market received […]

  • The Friday FX Takeaway – Episode 13

    Key Points From This Week UK Elections The Conservative party stormed the vote with a 364 seat result in parliament, taking them well above the 326 seats required for a majority. Market attention now shifts back to Brexit with Johnson planning to take the UK out of the EU by January 31st 2020 under his […]

  • The IndeX Files 10-12-2019

    Risk Factors Building Up Global equities benchmarks have seen a loss of upside momentum over recent trading. With the year winding down, the risk factors affecting equities (Brexit, US-Sino trade war, central bank monetary policy) remain at large. The UK elections this week should offer some clarity on how Brexit is likely to be handled […]

  • Precious Metals Monday 09-12-2019

    Gold The congestion in gold prices over recent weeks reflects the lack of clarity on the main factors impacting the gold market. US-Sino trade relations, as well as the outlook for the US Dollar continue to be the key themes to note for metals traders though investors have struggled to establish a strong bias in […]

  • The Friday Forex Takeaway – Episode 12

    Key Points From This Week Mixed US Data The first set of headline US data disappointed this week with both the ISM Manufacturing & Non-Manufacturing readings coming in short of market forecasts. The manufacturing reading was particularly worrying, showing that the US factory sector remain in contractionary territory for a fourth consecutive month over November. […]

  • The Crude Chronicles – Episode 16

    Trade Deal Expectations Impacting Oil The CFTC COT report showed that investors increased their net long positions in WTI crude last week by a further 40,961 contracts. The total net-long position now stands at 470,936 contracts. The key premise for the build in upside exposure in WTI has been the rising expectations of a US-Sino […]

  • Dovish Risks into BOC Meeting

    BOC To Remain on Hold? The Bank of Canada meets today for its December monetary policy review and while the bank is forecast to keep rates on hold, there is still a risk that the BCO will ease further. At its last meeting, the BOC clearly signalled that, despite the decision to maintain policy at […]

  • The IndeX Files 03-12-2019

    Markets Reverse on Trade Deal Uncertainty Global equities benchmarks suffered a severe shift in sentiment this week with asset markets selling off on rising fears over the health of US-Sino trade talks. Late last week, it was reported that the US administration approved a bill supporting the rights of the Hong Kong protestors. The situation […]

  • Precious Metals Monday 02 -12 -2019

    Gold The US-Sino trade deal outlook remains the key factor affecting metals prices this week. Over the last month, increased expectations of a forthcoming deal have helped lean on gold prices, due to the ongoing rally in global equities benchmarks. The slide in gold has seen prices remaining below the $1500 handle over the last […]

  • The Crude Chronicles – Episode 15

    Trade Deal Optimism Offsets Bearish EIA Release The latest CFTC COT report showed that over prior week, net-crude positions grew by 5,378 contracts to a total of 429,975 contracts on the week. The rise in WTI positioning continues to reflect ongoing expectations that a US-Sino trade deal is forthcoming. Over recent weeks, the market has […]

  • The IndeX Files 26-11-2019

    Trade Deal Speculation Driving Markets Benchmark global equities indices remain well supported this week, though better strength is being noted in UK and European asset markets so far. Risk sentiment has been much firmer over recent weeks though we do seem to be in a low volatility period currently. The dominating theme continues to be […]

  • The Friday Forex Takeaway – Episode 10

    Key Points from This Week FOMC Meeting Minutes The minutes of the October FOMC meeting were interesting given that the tone of discussions was more dovish than the market was expecting. Policymakers noted that risks to the US economy remain elevated and while most supported the decision to keep rates on hold now, the potential […]

  • The Crude Chronicles – Episode 14

    Trade Talk Concerns Leaning On Oil Prices Benchmark WTI prices have been lower this week as emerging concern for the prospect of a US-Sino trade deal has stunted demand. Crude prices had been supported recently amidst expectations that the “phase one” trade deal agreed between the US and China was to be signed. However, with […]

  • The IndeX Files 19-11-2019

    US-Sino Trade Deal Hopes Keep Markets Supported Though momentum has weakened recently, global equities benchmarks continue to trade higher this week as optimism over a potential US-Sino trade deal is keeping sentiment positive. Negotiators from both the US and China held further talks over the weekend aimed at keeping things moving. Following the cancelling of […]

  • Precious Metals Monday 18-11-2019

    Gold Precious metals begin the week under offer as gains in benchmark equities indices have seen reduced safe haven inflows. Optimism around the prospect of a US-Sino trade deal is keeping investor risk appetite well supported at the start of the new week. Over the weekend, negotiators held further talks in lieu of signing a […]