Posted on 2nd Apr 2018

Dollar came back fighting, rate differential the main reason why dollar was picked up. Next week sees the all-important US NFP data getting released on Friday.

Read More

Posted on 27th Mar 2018

Last week saw Trump ramping up tensions on trade & geopolitics. Trump also removed his National Security Advisor (NSA) and appointed Bolt has his new NSA.

Read More

Posted on 19th Mar 2018

Market Outlook, March 19, 2018 - Trump wasn’t willing to let go his trade war rhetoric one bit as he mentioned trade surplus with Canada.

Read More

Posted on 12th Mar 2018

President Trump raised the threat of trade war yet again this time threatening China & India with reciprocative taxes a week after imposing the same on steel imports.

Read More

Posted on 5th Mar 2018

Last week Fed’s Powell in his maiden testifying session send markets into a spin as he rather surprisingly sounded rather hawkish raising hopes of more than the currently expected 3 rate hikes next year.

Read More

Posted on 26th Feb 2018

FOMC minutes released on Wednesday gave Dollar the much required support as minutes were interpreted to be hawkish. Gold that had another go at $1351 failed again to close down at $1328 after finding support at $1319, where the rising trend line sits.

Read More

Posted on 19th Feb 2018

Gold had another go at the resistance at $1351/oz., briefly breaking it but failed to gain any further closing lower at $1349/oz. US data from last week was supportive of gold as stagflation worries returned with US inflation was seen higher, while retail sales were lower.

Read More

Posted on 12th Feb 2018

US equity sell off accelerated last week with it recording a sharp 10% decline spread across 2 weeks. The selloff was accelerated by worries about tightening by central banks worldwide that would bring to an end the availability of easy money.

Read More

Posted on 5th Feb 2018

Last week ended with the dollar moving higher on Friday following the US jobs data indicating that hiring activity and wage growth were bullish in January, paving the way for swifter rate increase by the Fed this year.

Read More

Posted on 29th Jan 2018

The week ended with the dollar declining against other major currencies on Friday which was its biggest fall since June in reaction to the remarks by U.S. Treasury Secretary Steven Mnuchin hailing a feebler dollar.

Read More

Live chat
feedback
Get A Call Back
Open A Live Account