• Chart of the Day XAUUSD

    Chart of the Day XAUUSD XAUUSD: Gold prices have tended to trade above $1,500/oz when US 10Y yields fall below 2.0%, especially in a monetary easing environment. Further escalations in trade and geopolitical risks may drive prices of gold higher. Low interest rates, escalating global recession risk, exacerbated by US-China trade tensions, heightened geopolitical rifts […]

  • The Crude Chronicles – Episode 17

    Market Caught Between OPEC Cuts & Trade Deal Uncertainty CFTC COT data showed that net long positions in WTI crude declined by 42,901 contracts last week to sit at a total position of 428,035 contracts. The reduction in upside exposure in WTI prices likely reflects the diluted global investors appetite last week on concerns over […]

  • Daily Market Outlook, December 12, 2019 

    Daily Market Outlook, December 12, 2019  Main Market Themes Markets edged higher overnight as the Federal Reserve kept fed funds rate unchanged as widely expected and signaled no change in rates in 2020.  Fed signaled steady rate in 2020: In the last FOMC meeting of the year, the Federal Reserve left the target range of […]

  • Could Gold Jump Anytime Soon?

    Today we review the potential future of gold, silver and Swiss franc.

  • Daily Commodity Currencies: 12 December, Thursday

    USDCHF Technical Analysis: NZDUSD Technical Analysis:     USDCAD Technical Analysis:   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 group or […]

  • “Phase one” deal is unlikely. But perhaps the tariffs hike is too.

    As the deadline for the December tariffs is approaching and there is growing appeal to “trade the event”, let’s review again the reasons why the “Phase One” deal will likely be delayed.

  • Examining The Labour Party Manifesto

    Yesterday we broke down the main points from the Conservative party’s 2019 election manifesto. With the Conservative party projected to win the elections, a Labour party win would represent a significant market shock. The impact on the British Pound from such an outcome could be quite severe. This is especially true given the contrast in […]

  • Daily Market Outlook, December 11, 2019 

    Main Market Themes Global equities were engulfed in a sea of red as markets fretted over unresolved trade deal between the US and China as the 15-December deadline drew nearer. Latest noises had it that the tariff hike deadline will be delayed.  Impeachment risks of the US President overshadowed headlines that the US, Canada and […]

  • Daily Commodity Currencies: 11 December, Wednesday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:   USDCAD Technical Analysis:     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 group […]

  • China Closes Uyghur ‘Training Centres’ While Farmers ‘Sponge Off’ the US Government

    Today I’d like to share with two things you that have come to my attention, which may affect the odds of the trade deal and Trump’s Re-Election

  • Examining The Conservative Party Manifesto

    Beyond Brexit Tabloid media in the UK has predominantly painted the UK general elections as being almost entirely about the outcome of Brexit. While it is certainly true that the outcome of the election will play a big part in deciding how, or even, if, Brexit is delivered – it is important for investors to […]

  • 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 […]

  • Chart of the Day NZDJPY

    Chart of the Day NZDJPY NZDJPY : New Zealand manufacturing data showed a slight fall in sales, but much stronger production was implied as inventories were rebuilt. The data under the surface was strong enough for market watchers to revise up our NZ Q3 GDP estimate (due next week) from 0.3% to 0.5% QOQ. That […]

  • Daily Market Outlook, December 10, 2019

    Daily Market Outlook, December 10, 2019  Main Market Themes Stocks slipped overnight as a busy week began that saw traders turn cautious ahead of Fed, ECB meetings, UK election as well as the 15 Dec US tariffs deadline on Chinese goods. Optimism surrounding US-China trade deal has faded amidst a lack of concrete development and […]

  • Daily Commodity Currencies: 10 December, Tuesday

    USDCHF Technical Analysis: NZDUSD Technical Analysis:       USDCAD Technical Analysis:     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 […]