Articles

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

Articles

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

Market sells off ahead of Christmas break

Market sells off ahead of Christmas break   It was an incredibly bearish week for global equities as markets entered the final trading days for 2022. The selloff in equities was largely due to Federal Reserve Chairman, Jerome Powell, signalling that the peak cash rate may peak at 5.1%. This came after some softer inflationary figures. Furt...

December 19, 2022
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US Dollar Index

The US Dollar Index plummeted on Tuesday, December 13, breaking below a major support following a softer-than-expected inflation report for November. This led to investors scaling back expectations for future Federal Reserve rate increases. Since the initial drop after announcement was released, the price of the Dollar Index has recovered al...

December 19, 2022
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What are corporate actions and why you need to be aware of them?

Corporate actions are activities that material effect an organisation and impacts the key stakeholders including shareholders and creditors. They can affect the stock price both in good and bad ways. Corporate actions are most often determined and voted on by the board of directors of the company. Although sometimes, shareholder will be given the c...

December 16, 2022
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Yuan sees increasing strength as Covid 19 restrictions ease

Yuan sees increasing strength as Covid 19 restrictions ease The USDCNH is an important currency pair not just in terms of pure trading but also in terms of gauging overall market sentiment. The pair is also reflective of much of the macroeconomic pressures effecting the global economy at the moment. This includes but is not limited to, recessionar...

December 15, 2022
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US equities finish lower in volatile session after FOMC hawkish surprise

US equities went into their cash session on a high after a drop in import and export price inflation fuelled hopes that the peak is in and of a more dovish Fed. These hopes were dashed by Jerome Powell near the end of the session, delivering a 50bp hike to the US target rate and giving what was seen as a hawkish accompanying statement and presser. ...

December 15, 2022
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Gold rises to 6 months high as USD weakens

Gold rises to 6 months high as USD weakens   The price of gold has risen as softer inflationary figures pushed the USD lower. The month/month CPI grew just 0.1% vs 0.3% expected, whilst the year/year figure grew by 7.1% vs 7.3% expected. Core CPI month/month rose by 0.2% vs 0.3%. These figures sent the USD down, which provided a boost to...

December 14, 2022
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Oracle results beat Wall Street estimates

The US software and hardware manufacturer Oracle Corporation (NYSE: ORCL) announced its latest financial results after the market close in the US on Monday. The company posted solid results for the Fiscal 2023 Q2, beating analyst estimates for revenue and earnings per share (EPS). Revenue reported at $12.275 billion vs. $11.959 billion expect...

December 14, 2022
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Is the price of Brent finally finding some support?

Brent oil has been dumping over the last few weeks as country’s have put pressure on Russian oil by imposing a price cap. This has sent the spot price down to its lowest level in 12 months. With important economic data to come in the next few days in including updated Cash rates from Central banks in Europe, the UK, and the USA. Furthermore, the ...

December 13, 2022
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Recessionary fears continue to build ahead of cash rate changes

It is expected to be a big week for equity markets with important economic data to come out this week. Central Banks in England, Europe, and the USA all to announce their updated official cash rates. This should hopefully provide some market direction before the end of the year. Last week the market failed to break out through its long term down tr...

December 12, 2022
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Can the market ever be wrong?

The capital markets are complex, volatile, and dynamic. A collection of buyers, sellers, market makers and many other participants all working together to facilitate the transfer of assets between different parties. However, can the market ever be wrong What is ‘Getting it wrong?'  It is often one of the first lessons a market participant lear...

December 9, 2022
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US equities snap five day losing streak, Oil tumbles on recession fears

US equities rose in Thursday’s session in a subdued risk environment ahead that saw traders tiptoeing ahead of next week's US CPI figures and FOMC meeting. US indexes broke a five-day losing streak with the Nasdaq advancing 1.1% after having its worst first week of December since 1975 and being the best performer in the session. It was ...

December 9, 2022
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Oil continues to fall amid news of price cap

The primary reason for the drop in price is the economic slowdown that has become prevalent in the global market. As fears of a recession continue to grow, the price of Oil has continued to drop. To make matters worse, the G7 have set a $60 per barrel price cap. This price cap was created to restrict Russia’s ability generate revenue from its oil...

December 8, 2022
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Is the SP500 ready for next move down?

The major American Indices have begun the last month of the year with in an extremely bearish state as recessionary fears rise to the surface again. With the positive sentiment relating to a potential pivot from the federal reserve seemingly disappearing, thoughts of a hard landing have become increasingly prominent. Even with an expected slowdown ...

December 7, 2022
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AutoZone results beat expectations

AutoZone Inc. (NYSE: AZO) reported the latest financial results for its first quarter of fiscal 2022 (12 weeks) that ended on November 19, 2022. The largest US retailer of aftermarket automotive parts reported revenue of $3.985 billion (up by 8.6% year-over-year) vs. $3.865 billion expected. The company reported EPS of $27.45 per share for th...

December 7, 2022
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How to use a trading a journal to reduce your learning curve

As a new trader, riding the emotional ups and downs can be a very difficult task. It is human nature to feel the pain of a losing trade. The losing often outweighs the positive feeling of any winning trade. Dealing with the emotion of trading can be an incredibly difficult task. It can cause even the best system to fail. A trading journal especiall...

December 6, 2022
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