News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

Dow Jones rally Q1 2021

2021 has been a profitable year for stocks in the Dow Jones Index. Since the turn of the year, the Dow has seen what appears to be a roaring rally with no end in sight, fuelled by a return of investor confidence and a stimulus package aiming to revit...

March 17, 2021
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Overnight on Wall Street: Tuesday 16 March 2021

Equity markets US Equity markets rallied in a whipsawing and directionless session, as investors juggled optimism in the economy against steadily rising Bond yields. Retail sales figures tonight and a Fed meeting later in the week will be closely ...

March 16, 2021
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Overnight on Wall Street: Thursday 11 March 2021

Equity markets US Equity markets posted another solid up day with the Dow and small cap Russell 2000 leading the way with only Tech stocks lagging after yesterday’s surge. The Dow had it’s 4th straight positive session again hitting all-time h...

March 11, 2021
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Overnight on Wall Street: Wednesday 10 March 2021

Equity markets US Equity markets showed a more united front with all 4 major indices rallying. The NASDAQ soared as dip buyers rushed back into recently beaten down tech stocks. European markets also posted strong gains and Australian and Asian...

March 10, 2021
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Up next: the Bank of Canada rate decision

One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The rate decision is due to be announced at 15:00 PM London time on Wednesday. Why is the announcement important? A bank interest rate is t...

March 10, 2021
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Overnight on Wall Street: Tuesday 9 March 2021

Equity markets US Equity markets were a mixed bag overnight with the Dow Jones again hitting all time highs while the rout of the tech heavy NASDAQ continued. The NASDAQ has now officially slid into correction territory after dropping over 10% fro...

March 9, 2021
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DOW hits all time highs, Nikkei back to bubble era prices and Bitcoin’s wild ride.

Going into the month’s last day of trading, Global markets have performed well despite a sell off this week. Continued hopes that we’re on a path to economic recovery, with COVID vaccines rolling out and the subsequent drop in cases, have suppo...

February 26, 2021
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Overnight on Wall Street: Thursday 25 February 2021

Equity markets US markets rallied broadly last night with the Dow again hitting an all time high as investors were cheered by Fed chair Jerome Powell’s testimony to the House Financial Services Committee in Washington overnight. Powell testified ...

February 25, 2021
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Overnight on Wall Street: Tuesday 23 February 2021

Equity markets US markets were mixed last night, the S&P which recorded a fifth straight loss while the Dow Jones managed to hold on to a small gain. The biggest disconnect though was the tech heavy NASDAQ, slumping almost 2.5%. NASDAQ listed ...

February 23, 2021
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US markets again hit all time highs and Gold loses its lustre

Equity markets US markets dipped last night with the Dow finishing down for the first time in 4 sessions. This came as the streak of better-than-expected economic data came to an end with initial jobless claims unexpectedly jumping to a one-month ...

February 19, 2021
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Overnight on Wall Street: Wednesday 17 February 2021

Equity markets US Equity markets started strongly with a post Presidents Day holiday bump, only to fade during the session with only the Dow 30 managing to keep in positive territory and hit another record high.  It was a quiet night on the news...

February 17, 2021
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Week Ahead: All time highs for US markets, China drives oil rally and Bitcoin boost.

World equity markets finished modestly positive for a week sparse of economic news. US markets again hit all time highs on the back of strong corporate earnings, continued optimism in fiscal stimulus and COVID progress as the US infection rate ease...

February 15, 2021
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GBPCAD – G10’s Best Performing Currencies Lock Horns

GBPCAD – Hourly Individually, both the British Pound and the Canadian Dollar have surged in recent trading sessions, appearing relatively strong against their peers in the short-term. With the latest fundamental data suggesting both currencies h...

February 11, 2021
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Overnight on Wall Street: Tuesday 09 February 2021

Equity markets US Equity markets rallied strongly last night with the Dow Jones jumping more than 200 points to hit another record. The 6 day winning streak has seen the Dows best upward run since August last year as investors remained optimistic ab...

February 8, 2021
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Vaccine progress, Aussie QE extended and Silver rally fizzles

Major global markets rallied convincingly this week with strong corporate earnings from the US, commitments from central banks to keep accommodative measures in place and good progress in US COVID vaccinations gave investors optimism. Equity market...

February 5, 2021
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