• Daily Market Outlook, December 3, 2019 

    Daily Market Outlook, December 3, 2019  Main Market Themes US stocks plunged overnight on weaker than expected ISM manufacturing data and continuous trade uncertainties. The key manufacturing gauge recorded its sub-50 reading four months in a row, a contraction in factory activities that weighs on growth outlook while construction spending fell for two straight months.  […]

  • The Crude Chronicles – Episode 18

    Trade Deal & Brexit Optimism Supporting WTI The CFTC COT report showed that net long positions in crude increased by 67,504 contracts last. The total position in WTI crude now stands at 495,539 contracts. This latest increase in upside exposure in WTI crude reflects the optimism and relief among investors in the wake of OPEC+ […]

  • Chart of the Day USDCHF

    Chart of the Day USDCHF USDCHF – Probable Price Paths Global risk sentiments remained cautious overnight even as New York saw a third consecutive day of slowing Covid-19 infections and several European nations plan to ease Covid-19 restrictions, albeit UK PM Johnson remained in intensive care. The S&P500 erased earlier gains and slipped 0.16% overnight […]

  • Chart of the Day – GBPCHF

    Chart of the Day – GBPCHF Bearish GBPCHF: GBP: Brexit remains on the forefront, following a series of votes on Tuesday that were critical in the Brexit proceedings. GBP had swung wildly on Tuesday, initially ticking modestly higher after the first of two votes, where UK PM Boris Johnson received parliamentary majority – passing 329 […]

  • Chart of The Day EURJPY

    Chart of the Day EURJPY EURJPY Bullish – Probable Price Path The Fed has essentially put further policy adjustments on hold as it shifts toward monitoring conditions. During this phase, Fed Chair Jerome Powell made clear the limits on further Fed policy actions but noted the FOMC’s preparedness, if not the likelihood, that it will […]

  • The Crude Chronicles – Episode 35

    Negative Oil Prices Crude oil prices have seen record moves this week as the capitulation in concerns for the demand outlook resulted in a downside shock with prices breaking below $0 for the first time on record. Printing lows of -$37.63 on Monday at the worst of the decline. The dramatic sell-off comes on the […]

  • Trade of the Day Adding To EURUSD Longs

    Trade of the Day Adding To EURUSD Longs BUY EURUSD 1.0945  STOP 1.0880 TARGET 1.11  (Risk 0.50%, trade valid until 5PM EST) EUR: The Eurozone’s manufacturing PMI printed at 45.7 in September, the lowest since October 2012, as new orders and output slipped further. In particular, the German manufacturing PMI also retreated to 41.7, the […]

  • Chart of The Year USD, EUR

    Pivotal Test For King Dollar and the Euro A picture speaks a thousand words! Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other […]

  • 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 Bearish USDJPY

    Chart of the Day Bearish USDJPY Bearish USDJPY – USD: Dismal US ISM manufacturing PMI raised questions on outlook: The ISM Manufacturing Index fell to 48.1 in November (Oct: 48.3) to mark its fourth consecutive sub-50 reading that signaled an ongoing contraction in the American manufacturing sector, raising a renewed worries over US growth outlook […]

  • Chart of the Day Bearish USD

    Chart of the Day Bearish USD Bearish USD: The Federal Reserve cut the Fed Funds Rate target range by 25 bps from 1.75- 2% to 1.5-1.75% as widely expected, marking its third reduction in its benchmark rate this year. There was little change in the FOMC statement, but the Fed removed its language of “to […]

  • The Friday Forex Takeaway – Episode 7

    Key Points From This Week The New Zealand Dollar has been the standout performer among the G10 currency pack this week. Encouraging signs that the US and China will sign a trade deal this month is seeing the kiwi back in demand. The Canadian Dollar has been the weakest performer over the week, however. While […]

  • US-Iran Tensions Erupt: Market Impact

      US Kills Top Iranian General Global investor risk appetite was shaken last week on reports that the US had killed a top Iranian general during a drone strike carried out in Baghdad on Friday. Qassem Soleimani, a top Iranian general was confirmed to have been killed during the drone strike. Risk assets across the […]

  • Chart of The Day GBPUSD

    Chart of the Day GBPUSD GBPUSD Frustrating Bulls & Bears, Clarity Coming Markets are attempting to stabilise again, after the US Fed threw in a surprise inter-meeting 50bps rate cut yesterday, while Joe Biden made a surprise comeback on Super Tuesday in the race to be the Democratic nominee for November’s Presidential election. US equities […]

  • Top Market Themes 2020

    Rather frustratingly, it seems that many of the big themes set to dominate 2020 will really be an extension of the stories that took centre stage over 2019. US-Sino Trade Negotiations. With an initial trade deal in place, focus will now shift on to the second round of negotiations. The first trade deal is due […]