Oil remains under pressure. Despite impressive US employment data on Friday, oil prices fell as the US Dollar rallied strongly. What are disturbing oil markets...
The US Dollar rallies powerfully. Friday’s Non-Farm Payrolls data put Fed tapering back in the middle of the dinner table, sending US yields and the...
Flash crash tanked the gold markets as the prices dropped below $1700 per ounce this morning while Bitcoin holds strong, as we can see more in...
Gold prices have dropped below $1,700 per ounce this morning in what analysts described as stop-loss driven selling. Gold prices have tanked during the Monday morning...
The US Dollar finished little changed overnight but is still holding on to all its gains this week. The dollar index edged 0.03% lower to 92.26,...
Forex is short for Foreign Currency and Exchange. It refers to currency trading, where traders speculate on potential price changes in currency pairs. The post What...
Futures Coiled At All Time High Ahead Of "Taper-Triggering" Jobs Report US equity futures rose 0.1% to a new all time high of 4.425 in a...
Previously, we discussed Modern Monetary Theory (MMT) and its one limitation of inflation. However, as is always the case when "theories" collide with "reality," the tenants...
OIL WTI reversed earlier gains and is flat so far during early Thursday trading. A surge in coronavirus cases caused... The post Daily market commentary: The...
Crude Inventories and Clarida clatter oil Vice-Chairman Clarida’s overnight comments pushed the US dollar higher, weighing on an already nervous oil market looking at the global...
The British pound has had a relatively quiet week, and the pattern has continued on Thursday. GBP/USD is up slightly as the pair trades just above...
At first sight, the direction of financial markets in July might have come as a surprise: global equities posted their sixth consecutive monthly gain despite a...
New Zealand Unemployment outperforms New Zealand Unemployment dropped to 4.0% for Q2 this morning, a stunning result given that market expectations were 4.50%. That should be...
Australian dollar extends rally The Australian dollar continues to impress and is in positive territory for a third successive day. AUD/USD punched into 74-territory earlier in...
If you're curious about the Australia investing buzz that's been happening in recent years, we've got a quick summary of how it started and where it's...
Gold is considered a safe haven for investors during turbulent times. What is the highest price for gold so far? The post What Was the Highest...
US dollar trading in tight range Currency markets traded sideways overnight, with the US dollar remaining in tight ranges versus both developed and emerging currencies. The...
US, Chinese markets fall on Covid worries Financial markets wobbled overnight after the US Manufacturing PMI didn’t hit the heady heights expected by markets. To be...
Oil has a delta-dip mini Oil prices plunged overnight as softer than expected PMI data from China and the United States sparked fears of a slowing...
Fear that the spread of the Delta mutation of the covid would disrupt the global economy spurred the unwinding of risk-on positions. Interest rates fell, and...
China Manufacturing PMI misses target China’s Manufacturing PMI data has disappointed today, clinging to expansionary territory but increasing fears that Asia’s powerhouse is slowing. On Saturday,...
The US dollar rallies on month-end flows US inflation data disappointed on Friday, sending US yields lower once again. It was, therefore, surprising to see the...
For the first time in a month, the euro peaked above 1.19, as the pair rose on promising economic news in Europe. Economic... Read More... The...
Overview: Risk appetites snap back after easing in the waning hours last month. The MSCI Asia Pacific equities jumped back after dropping 1.8% last week for...
North Asian equity heavyweights have deviated from the price action on Wall Street overnight, heading directly South this morning. Mainland China, Hong Kong, Japan and South...
US dollar falls on US data The retreat by the US dollar continued overnight, as US GDP and Initial Jobless Claims reinforced transitory inflation sentiment, flattening...
Country US The upcoming jobs report will be pivotal for the Fed in deciding whether the economy is headed toward hitting their substantial progress goal. Now...
FOMC, China’s soothing words send dollar lower It looks like a few FOMC taper-hedging positions were taken off last night as the US dollar broadly eased...
Fed hints at September taper, but no promises Overnight, the FOMC released its latest policy decision leaving rates unchanged with no change to its quantitative easing...
Overview: More constructive signals from Chinese officials and a Federal Reserve that is gradually moving toward slowing its bond purchases have had a beneficial impact on...