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<p>Risk-on mode continues in Asian markets today. Investors, in particular in Hong Kong markets, basically shrugged off US President Donald Trump’s announcements regarding China. There is also no reaction to the unrest in US. Instead, traders continued to cheer economy reopening, as well as positive data from China. Australian Dollar is

<p>Some old and new global risks, other than coronavirus, have been (re-)emerging in recent weeks. US-China relation is heading another step towards cold war with US President Donald Trump’s new set of measures against China announced on Friday. Unrest that started in Minneapolis quickly spread from Los Angeles to Miami to Chicago, with

<p>According to the CFTC Commitments of Traders report for the week ended May 26, NET LENGTH for crude oil futures dropped -1 029 contracts to 542 574 for the week. Speculative long positions gained +9 217 contracts while shorts jumped +10 246 contracts. For refined oil products, NET LENGTH for gasoline dropped -1 950 contracts […]

<p>As suggested in the CFTC Commitments of Traders report in the week ended May 26, NET LENGTH in USD Index dropped -2 498 contracts to 14 799. Speculative long positions decreased -3 476 contracts and short positions were down -978 contracts. Concerning European currencies, NET LENGTH in EUR futures gained +2 660 contracts to 75 […]

<p>For the 24 hours to 23:00 GMT, the AUD declined 3.48% against the USD and closed at 0.6664 on Friday. Elsewhere in China, Australia’s largest trading partner, China’s non-manufacturing PMI climbed to 53.6 in May, compared to a reading of 53.2 in the prior month. On the other hand, the NBS manufacturing PMI unexpectedly dropped

<p>For the 24 hours to 23:00 GMT, Crude Oil rose 4.72% against the USD and closed at USD35.25 per barrel on Friday, amid supply cuts by major oil producers and signs of rebound in oil demand. Additionally, Baker Hughes reported that US oil drilling rig count dropped by 15 to 222 for the week ended […]

<p>General Trend: Trumps response to China over HK move did not mention tariffs or trade deal China has yet to reveal any specific countermoves following Trump’s announcement on Friday Tech shares rise in HK and Shanghai after Trump’s recent comments on China, Shanghai IT index jumps over 4% HK financials lag amid uncertainty about the [&hell

<p>The euro currency faces a major test this week against the US dollar, following last weeks strong upside breakout above the 1.1100 resistance level. EURUSD bulls may look to buy a dip towards the 1.1060 level this week in anticipation of a rally towards the 1.1200 resistance level. A break under the 1.1060 level could […]

<p>Ethereum is starting to stage a minor technical pullback after the second-largest cryptocurrency found strong technical resistance from the $250.00 level. In the near-term, buyer may look to buy a dip in the ETHUSD pair towards the $220.00 support level. The daily time frame shows the $280.00 level is a likely medium-term upside target for

<p>Bitcoin has started to trade on the defensive after the number one cryptocurrency found strong technical resistance from the $9,800 level. Buyers may be looking to enter into the prevailing BTCUSD bullish trend this week around the $9,300 support area. The daily time frame continues to show that the $10,500 resistance level remains a valid