• UK Supreme Court Verdict Due Early Next Week

    Three Day Hearing Concludes The UK Supreme Court concluded its three-day hearing yesterday over the legality of UK PM Boris Johnson proroguing parliament earlier this month. Following a Scottish court ruling that Johnson acted illegally, the case was submitted to the Supreme Court, the highest court in the UK. Following the days of hearings, the […]

  • Daily Market Outlook, September 20, 2019

    Main Market Themes US stocks ended on a mixed note overnight as markets continued to digest the Fed’s interest rate outlook while awaiting any meaningful development in US-China trade negotiation. The Dow slipped by 0.2%, the S&P 500 was unchanged and NASDAQ picked up a mere 0.1%. Treasury yields fell across the curve by 1-2bps. […]

  • Daily FX Analysis: 20 Sep, Friday

    Asia stocks seemed set for a muted session after U.S. equity ended on Thursday without much changes.The dollar and Treasury yields dipped. Risk sentiment remains neutral or slightly tilted towards some optimism over the trade talks. The S&P 500 Index closed little changed, within 1% of a record, as gains in software companies offset losses […]

  • US Dollar Takes the Lead!

    Today we discuss potential moves of the currency pair EUR/USD and review the interesting future of gold and Swiss franc.

  • The Crude Chronicles 19-09-2019

    Key WTI Headlines Over the Week The CFTC COT update for the week ending September 10th showed net long positions in WTI futures rose +44,048 contracts to 428,205 for the week. Speculative long positions jumped +18,639 contracts while short positions plunged -25,409 contracts. Benchmark WTI prices commenced the week with a 20% move north as […]

  • EURCHF reversed from resistance, potential drop!

    EURCHF reversed off its resistance at 1.09867 where it could potentially drop further to 1.09580. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY reversed from resistance, potential drop!

    DXY reversed off its resistance at 98.71 where it could potentially drop further to 98.19. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY bounced from support, potential for a further rise!

    USDJPY bounced off 107.876 where it could potentially rise further to 108.974. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCHF bounced from support, potential for a further rise!

    USDCHF bounced off 0.99642 where it could potentially rise further to 0.99642. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    AUDCAD reversed nicely.

  • Daily Market Outlook, September 19, 2019

    Main Market Themes US stocks bounced off initial lows and ended largely flat overnight while UST curve flattened after the Federal Reserve announced a 25bps cut in its Fed Funds Rate as widely expected but signaled no more reduction in the benchmark rate this year. The decision to cut is not unanimous with a 7-3 […]

  • September BOE Meeting Preview

    Expectations For The September BOE Meeting The BOE, led by Governor Mark Carney, is due to make its last rate-setting decision today ahead of the October 31st Brexit deadline. Given the proximity of the deadline as well as the persistent uncertainty over the outcome, the consensus forecast is for the BOE to keep policy unchanged […]

  • AUDCAD reversed from resistance, potential drop!

    AUDCAD reversed off its resistance at 0.91007 where it could potentially drop further to 0.90541. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY to climb from downside confirmation, potential bounce!

    DXY to climb from its downside confirmation at 98.19 where it could potentially bounce further to 98.71. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY reversed from resistance, potential drop!

    USDJPY reversed off its resistance at 108.234 where it could potentially drop further to 107.462. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.