• Time to pare dollar longs ahead of the weekend

    US dollar has renewed a peak against Japanese yen, rising to the highest of four months, due to an increase in the yield of US 10-year bonds to a level of 3.128 percent.

  • China and the US abandon trade threat for markets

    China is looking for ways to resolve the US-China trade dispute, the Commerce Minister of China said on Thursday, expressing the hope that the parties will come to an agreement during the negotiations currently taking place in Washington.

  • Dollar confused despite yesterday’s rise in US yields

    Based on the current information, background and the price action of the dollar, there is a growing likelihood of downside shift in risks. Cautious longs are recommended.

  • Asian shares retreat amid a risk-off climate

    The shares of Asian firms switched from rally to slump on Tuesday, rejecting the Wall Street offer to follow its bull lead.

  • Weak Consumer Inflation Data Weigh on the Dollar

    The US dollar tumbled in the second part of last week and continued to develop a correction on Monday after the market was upset by weak data on consumer inflation in the US released last week.

  • Key Economic Events and Reports of the Coming Week

    Tuesday, 15th May 15 2018 / RBA Meeting Minutes (AUD) / Industrial Production (YoY) (Apr)(CNY)….

  • Oil Prices Steadied at Highs on the Prospect of New US Sanctions

    Oil prices declined on Friday during the morning session, but later on, they posted mixed performance, with WTI entering a positive area.

  • Dollar Slumps on Downbeat Inflation Data

    Soft inflation data in the US weakened the greenback, although not as much as expected.

  • Oil prices hit record highs on looming sanctions on Iran

    Oil prices renewed their peaks as investors are trying to gauge the effect of imposing new sanctions on Iran, predicting an increasing fall in exports.

  • Oil prices soar after U.S. quits Iran nuclear deal

    The Asian refineries are looking for ways to replace Iranian oil, since the U.S. withdrawal from the nuclear agreement with Iran will mean new sanctions and a significant reduction in Iran’s presence in the oil market.

  • Oil Fell as Investors Await Trump’s Decision on the Iran Nuclear Deal

    Oil prices gave up some of Monday’s gains after rising to a three-and-a-half-year peak, as investors are preparing for Trump’s decision on a nuclear deal with Iran, which could cause a sharp reduction of supply in the oil market.

  • The U.S. economy on steady growth track

    The pace of job growth in the US economy probably improved in April compared with March, as the effect of seasonal factors came to naught.

  • Is Dollar creating additional inflation risks?

    The strengthening trend of the US Dollar met resistance just above the 92.00 level, during the New York session. This happened after Tier 1 news fell short of investors’ expectations.

  • Key economic events and reports of the upcoming week

    Monday, April 30, 2018 – Manufacturing PMI (Apr)(CNY). Pending Home Sales (MoM) (Mar)(USD).

  • Demand for safe havens declines in the wake of Korea ‘denuclearisation’ agreement

    DPRK leader Kim Jong Un and South Korean President Mun Zhe Ying signed a declaration on Friday, agreeing to work on a “full denuclearization” of the Korean peninsula.