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.

Cyclical assets stumble on hawkish Fedspeak and BoE recession forecast

US stock Indices were mixed and ultimately little changed overnight with growth concerns taking centre stage after the Bank of England’s sustained recession forecast and Fed governor Mester again reiterating the central banks resolve in bring down ...

August 5, 2022
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Preview: Non-Farm Payroll announcement

It’s the beginning of a new month which means that the Non-Farm Payroll figures will be released by the US Bureau of Labor Statistics. The latest US jobs data for July will be released at 1:30pm London time on Friday. Why is the announcement imp...

August 5, 2022
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Alibaba posts better-than-expected results

  Alibaba Group Holdings Limited (BABA) reported its latest financial results before the market open on Thursday. The Chinese e-commerce giant reported revenue of $30.689 billion for the quarter vs. $30.364 billion expected. Earnings pe...

August 5, 2022
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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 unde...

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 reve...

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 Januar...

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 th...

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 ...

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 c...

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...

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 mark...

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 havi...

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 $...

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 belie...

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. ...

July 29, 2022
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