• The Friday Forex Takeaway – Episode 18

    Key points From This Week Coronavirus Outbreak Most of the week was dominated by news of the outbreak of a strain of virus from the SARs family in China. The virus was first reported in Wuhan China but quickly spread around the country and across Asia. In the middle of the week it was reported […]

  • Daily Market Outlook, January 24, 2020 

    Daily Market Outlook, January 24, 2020  Main Market Themes Risk sentiment was steadier in the Asia market, as traders appeared to latch on to the World Health Organisation’s decision not to declare the coronavirus outbreak in China as a public health emergency. The death toll is reported to have risen to 26, as China begins […]

  • The Crude Chronicles – Episode 22

    Crude Caught Between Opposing Market Pressures The CFTC COT positioning report showed that, last week, investors reduced their net long positions in WTI crude by 36,960 contracts, taking the total position to 530,312 contracts. The reduction in upside exposure was likely down to a spate of profit-taking as WTI continued to fall back following the […]

  • Chart of the Day GBPUSD

    Chart of the Day GBPUSD Potential intraday continuation GBPUSD UK manufacturing business optimism jumped in January: The CBI Trends Total Order Index rose by 6pts to -22 in January (Dec: -28), reflecting a much smaller shrinkage of UK manufacturers’ exports orders, higher output volume, finished stocks. Notably, the quarterly business optimism index jumped to 23 […]

  • Daily Market Outlook, January 23, 2020 

    Daily Market Outlook, January 23, 2020  Main Market Themes Asian market is down again overnight on growing concerns about the Coronavirus. Reports say that China has halted travel from Wuhan and closed down public transport within the city in an attempt to contain the disease.  A stronger-than-expected Australian labour market report led markets to lower […]

  • Chart of the Day AUDUSD

    Chart of the Day AUDUSD Potential reversal AUDUSD As the number of cases and geographical spread (with the first case in US confirmed) of the Wuhan Coronavirus increase, this could potentially pose a dark cloud to the nascent green shoots theme, leading to rising concerns that the January market rally may not be able to […]

  • Trump Attacks Environmental Activists During Davos Speech

    Controversial Comments President Trump has been grabbing headlines once again this week. While back home, the President’s impeachment trial began in the Senate, Trump was in Davos, Switzerland speaking at the World Economic Forum. In typical controversial form, Trump used his opening speech there to attack climate change protestors. Trump told the forum “To embrace […]

  • Daily Market Outlook, January 22, 2020

    Daily Market Outlook, January 22, 2020  Main Market Themes The Asian equity markets have rebounded this morning following yesterday’s decline reflecting concerns about the potential impact of China’s Coronavirus for the Asian market. The Chinese authorities have promised to take steps to contain the spread of the disease. US President Trump said that he expects […]

  • The IndeX Files 21-01-2020

    Buy The Rumour, Sell The Fact? Global equities benchmarks are trading just off their recent highs this week with North American, Asian and European indices all in the red. The moves is likely down to a “buy the rumour, sell the fact dynamic which is playing out on the back of the US and China […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD Potential reversal EURUSD Risk appetite was lower overnight on rising concerns about the impact of the virus outbreak in China, especially ahead of the Chinese New Year. In the Eurozone, the ECB will hold its first Governing Council meeting of the new year. However, it should be a non-event, with […]

  • Daily Market Outlook, January 21, 2020

    Daily Market Outlook, January 21, 2020  Main Market Themes Risk sentiment has taken a turn for the worse overnight on fears about the spread of the Coronavirus from China. The Asian market lower, gold is firmer while the USD is mixed in G10 FX and bid against EM FX.  The Bank of Japan left policy […]

  • Precious Metals Monday 20-01-2020

    Gold The gold market has given conflicting signals over recent weeks. Following a breakout to highs of 1611.39, not seen since early 2012, market reversed heavily over last week, trading lows of 1536, before reversing higher. The root of the fluctuations in the gold market has been the shifting situation with regard to the recent […]

  • The Investment Bank Outlook 20-01-2020

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • Chart of the Day EURJPY

    Chart of the Day EURJPY Potential correction EURJPY This week, we have monetary policy decisions from Bank of Japan (BOJ) on 21 Jan and European Central Bank (ECB) on 23 Jan. While both central banks are expected to keep policy rates unchanged in their January meetings, the BOJ is most likely to indicate their intention […]

  • Daily Market Outlook, January 20, 2020 

    Daily Market Outlook, January 20, 2020  Main Market Themes Unrest in both Iraq and Libya has resulted in disruptions to oil supply market, with crude prices starting the week higher. However, moves have been limited so far, with front-month Brent prices briefly touching $66/barrel before backing off. The feed-through to equity markets has been limited, […]