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Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

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Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

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What is going on with Taiwan?

What is going on with Taiwan?   Taiwan is back in the news after US speaker of the house Nancy Pelosi visited the country causing a fiery reaction from the mainland of China.   Historical background   In order to understand the causes of the China/Taiwan tension, some historical perspective is needed. The current te...

August 4, 2022
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Moderna Q2 results announced – the stock gets a boost

Moderna Inc. (MRNA) reported its Q2 financial results before the opening bell on Wall Street on Wednesday. The American biotechnology company posted results that beat expectations, sending the stock higher at the open. The company reported revenue of $4.749 billion for the quarter vs. $4.097 billion expected. Earnings per share reported at...

August 4, 2022
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USDJPY ready to bounce or retrace further.

USDJPY ready to bounce or retrace further.   The USDJPY has been recently provided great buying opportunities for traders. However, in recent days it has posted its largest drop since beginning the current upward at the beginning of January 2021. The question remains, is this just a standard retracement or is it a symbol of a much bigger...

August 3, 2022
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Volatile US session as risk assets decline on a Fed “re-pivot” and US-China tensions

US equities had a volatile and ultimately negative session as an early rally faded dramatically on the back as a combination of hawkish Fed member comments and geopolitical tensions saw risk assets take a dive. It was a classic risk off session that saw equities, crypto and cyclical currencies take a hit and the safe haven USD rally strongly. Bo...

August 3, 2022
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PayPal Q2 earnings results are here

PayPal Holding Inc. (PYPL) announced its latest financial results after the closing bell in the US on Tuesday. The US financial technology company reported revenue of $6.8 billion in Q2, topping Wall Street estimate of $6.778 billion. Earnings per share also beat analyst estimates for the quarter at $0.93 per share vs. $0.87 per share estimat...

August 3, 2022
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Reserve Bank of Australia hikes Cash Rate by 0.50%

    The Reserve Bank of Australia, (RBA) has increased the Country’s cash rate by half a percent to combat the rising inflation in its latest cash rate change. The increase was in line with most analyst’s expectations as the RBA continues to fight inflation and bring it back into the 2-3% range. The current forecast from the RBA...

August 2, 2022
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NIO latest delivery numbers announced – the stock is up

NIO Inc. (NIO) reported its latest delivery numbers for July on Monday. The Chinese electric vehicle company delivered 10,052 cars last month – an increase of 26.7% year-over-year. The deliveries in July consisted of: 7,579 premium smart electric SUV’s 2,473 premium smart electric sedans NIO has delivered a total of 227,949 ele...

August 2, 2022
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RBA preview – likely 50bp hike incoming

Todays RBA policy meeting is expected by most analysts to result in a 50bp hike as the bank tries to play catch up and get on top of elevated inflation figures.   The slightly lower Q2 CPI  figures released last week has seen futures markets price out what was earlier feared could be a 75bp supersized move, a 50bp hike would see the ban...

August 2, 2022
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The week ahead – Central banks, NFP star in a busy calendar, will bad news be good news?

Market sentiment continued to improve in the past week with equity markets rallying as traders pared back on bets on the extent of the Federal Reserves rate hike path. Corporate earnings also buoyed the markets with the likes of Amazon and Apple having bumper gains on Friday after their results were released. Looking ahead, a very busy calendar ...

August 1, 2022
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ExxonMobil exceeds analyst estimates for Q2 – the stock gains

ExxonMobil Corporation (XOM) reported its second quarter financial results before the opening bell on Wall Street on Friday. The oil and gas giant topped Wall Street expectations for the second quarter of 2022. The company reported revenue of $115.681 billion vs. $111.302 billion expected. Earnings per share reported at $4.14 per share vs....

August 1, 2022
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US dollar drops as the economy shrinks by 0.9% for the last quarter.

US economic data revealed last night shows that the country’s GDP has shrunk by 0.9%, although some are remaining positive that a recession may still be avoided. Despite the worrying figures, Federal Reserve Chair, Jerome Powell, outlined his belief that due to low unemployment figures of 3.6% and a strong market for jobs with 11 million job open...

July 29, 2022
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Is it time to Capitalise on Short Squeezes?

Is it time to Capitalise on Short Squeezes ?   Short Squeezes are one of the interesting price action patterns that can occur in the market. They can provide It can provide explosive momentum trading opportunities that can go on for days. They can provide trading opportunities for scalpers, intraday, and swing traders.  What actually is...

July 29, 2022
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Mastercard beats Wall Street expectations

  Mastercard Incorporated (MA) reported its latest financial results before the opening bell on Wall Street on Thursday. The US financial services company reported revenue of $5.497 billion in Q2, beating analyst estimate of $5.267 billion. Earnings per share reported at $2.56 per share vs. $2.36 per share expected. ''We had strong...

July 29, 2022
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Pfizer tops estimates for Q2

Pfizer Inc. (PFE) reported its Q2 financial results before the market open in the US on Thursday. World’s third largest pharmaceutical company topped both revenue and earnings per share estimates for the quarter. The company reported revenue of $27.742 billion in Q2 (up 47% year-over-year) vs. $25.487 billion expected. Earnings per share...

July 29, 2022
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Equities, gold, crypto and oil soar, Dollar dumps as Powell tilts dovish

As expected, the Federal reserve hiked rates 75bp on Wednesday as the Fed battles to control record inflation whilst attempting to avoid a deep recession. Markets were relatively behaving as expected on the decision and statement up until the Fed chair Powell’s presser anyway. Whilst Powell reiterated the Feds mission to tame inflation stateme...

July 28, 2022
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