Blogs

Silver markets went back and forth during the trading session on Tuesday as we continue to see a lot of hesitation in the market.

Gold markets have rallied a bit during the trading session on Tuesday but did not hang on to all of the gains.

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Tuesday, as we continue to test the 50 day EMA.

The Bitcoin market initially pulled back just a bit during the trading session on Tuesday after the long-awaited halving on Monday.

Australian consumer sentiment for May recovered due to gradual easing of lockdown measures, but extreme caution is warranted.

Latest data released by the Federal Statistics Office – 14 May 2020 – -0.3% – Producer and import prices -4.0% y/y – Prior -2.7% See here for global coronavirus case data

The EU unveiled plans to save the summer vacation yesterday advised See here for global coronavirus case data The whole point of this is to ensure that tourism activity in the summer is somewhat salvaged, as it would prove to be a massive loss of income for many countries in the region if borders were […]

Central Bank Divergence  One of the difficulties in FX recently has been the fact that central banks have been cutting rates in a co-ordinated way. This has made a central bank divergence trade tricky. However, the latest moves by the RBNZ have helped create a divergence between the AUD and the NZD by their willingness […]

Softer risk tones continue to play out in early trades – German DAX futures -0.8% – French CAC 40 futures -1.0% – UK FTSE futures -1.0% See here for global coronavirus case data

The Nikkei closes near the lows for the day The Hang Seng is down by 1.3% while the Shanghai Composite is down by 0.7% currently. Meanwhile, US futures are still keeping lower by about 0.4% to start the session and that is leaving risk sentiment to stay on the softer side for now.