Log in Register
  • Forex
  • Investments
  • Loyalty program
  • Promotions
  • Analysis
  • Getting started
  • About us

Market reviews

All reviews Forex Cryptocurrencies Commodities Stock market Metals

All reviews

Stock market
Markets reward Disney’s “stream” of good news

Disney’s stock prices climbed by almost 7% after US markets closed on Wednesday, after its fiscal third quarter financial results revealed a string of better-than-expected results.

11 August 11:40

Forex
Traders await red-hot US CPI and some hoped-for volatility

Summer markets historically mean low volumes and quiet flows. Traders are on vacation and risk taking is in first gear until trading desks are fully manned again in September.

10 August 10:37

Cryptocurrencies
Can Bitcoin shrug off inflation fears?

Arguably, the single-most important event on this week’s macroeconomic calendar is the release of the July US consumer price index (CPI), due tomorrow (Wednesday, August 10th).

9 August 11:53

Commodities
Recession fears drag on Brent oil

Oil prices were able to brush off this week’s negligible supply hike by OPEC+, only to succumb to growing fears of a looming recession amid the ongoing global wave of rate hikes.

5 August 12:00

Metals
Softer US NFP, CPI may keep gold above $1800

Heightened geopolitical tensions following Pelosi’s contentious visit to Taiwan appear to have lent themselves to stronger bids for gold, with the precious metal having already benefitted from the moderating US dollar and Treasury yields.

5 August 11:54

Stock market

Markets reward Disney’s “stream” of good news

Disney’s stock prices climbed by almost 7% after US markets closed on Wednesday, after its fiscal third quarter financial results revealed a string of better-than-expected results.

11 August 11:40

Can dovish BOE restore FTSE 100 to 2022 peak?

The FTSE 100 is the only stock market in the Western developed world that has returned to the green on a year-to-date basis. At the time of writing, this UK blue-chip stock index is adding to its year-to-date gains and is up 0.9% so far in 2022.

4 August 12:01

This Week: Resilient US jobs report may test recent stock gains

The S&P 500, which is the benchmark index measuring the overall performance of US stock markets, surged by 9.1% in July. This blue-chip index has capped its biggest monthly gain since November 2020, climbing on the back of strong earnings from big names such as Apple and Amazon.

1 August 10:48

Apple Earnings: Positive surprise may push stock above 200-day SMA

Apple will report financial results from its fiscal third quarter after the US stock market closes today. Given its status as the largest stock on the S&P 500, with a market cap of over US$ 2.5 trillion, how markets react to its earnings could have an outsized impact on US stock markets overall.

28 July 12:11

This Week: S&P 500 bulls hope Fed, tech earnings can provide support

All eyes turn to the US Federal Reserve this week, as the wave of interest rate hikes continues worldwide. Let’s be clear: anything other than the widely-expected 75-basis point hike by the Fed this week would be a surprise. Negative earnings surprises out of Big Tech this week could undermine hopes of an immediate recovery for this benchmark US stock index.

25 July 10:36

All reviews

Forex

Traders await red-hot US CPI and some hoped-for volatility

Summer markets historically mean low volumes and quiet flows. Traders are on vacation and risk taking is in first gear until trading desks are fully manned again in September.

10 August 10:37

This Week: Hotter-than-expected US CPI could further boost USD

US inflation numbers this week should certainly provide more thrills and spills for traders. This is especially likely after Friday’s July US employment data was a blowout across the board.

 

8 August 11:03

USD finds a bid on hawkish Fed rhetoric

Several Fed officials have signalled that the US central bank was committed to its aggressive fight against soaring prices, despite their supposed “pivot” last week to end of the tightening cycle and jumbo-sized rate hikes as perceived by the markets.

3 August 12:10

Dollar perks up ahead of jumbo Fed rate hike

We are accustomed to fairly subdued trading sessions ahead of key risk events. But yesterday saw the greenback gain a bid and advance against most of its major peers.

27 July 10:42

Dollar further softens while euro gains

The benchmark dollar index, DXY, is falling for a fourth consecutive session, as the retreat from a jumbo 100bp rate hike by the Fed next week continued to play out.

20 July 09:01

All reviews

Cryptocurrencies

Can Bitcoin shrug off inflation fears?

Arguably, the single-most important event on this week’s macroeconomic calendar is the release of the July US consumer price index (CPI), due tomorrow (Wednesday, August 10th).

9 August 11:53

Can Ethereum’s Merge-mania punch past 100-day SMA?

Cryptos are slipping at the start off August after enjoying a rip-roaring time last month. Ether climbed by a stunning 70.3% in July, posting its largest single-month gain since January 2021, even though prices have been resisted at the 100-day simple moving average of late.

2 August 11:50

Aggressive Fed to ultimately send Bitcoin down to $10k?

As stated in last week’s report, Bitcoin’s 50-day simple moving average (SMA) did its job as an immediate resistance level. All eyes are honed in on the upcoming US Federal Reserve policy meeting. If on Wednesday, Powell and co. signals to the market to expect more than 100bps hikes during the Sept-Dec period, that could spell another leg down for riskier assets.

26 July 11:18

Bitcoin bulls eye 50-day SMA resistance

Is this the moment Bitcoin bulls have been waiting for? If prices of the world’s largest cryptocurrency can break above its 50-day SMA, that could be widely interpreted as a bullish signal, with more price gains potentially ahead.

19 July 11:44

Can Bitcoin hold around $20k?

Bitcoin has dropped back below $20,000 at the time of writing, though HODL-ers are attempting to stop the rot around current levels. The world’s largest cryptocurrency has held relatively steady around this psychologically-important mark since the middle of June amid the ongoing crypto winter.

12 July 12:23

All reviews

Commodities

Recession fears drag on Brent oil

Oil prices were able to brush off this week’s negligible supply hike by OPEC+, only to succumb to growing fears of a looming recession amid the ongoing global wave of rate hikes.

5 August 12:00

Softer dollar helps Brent shrug off US “recession”

The softer US dollar has made it easier for Brent to shrug off the surprise contraction in the US economy. Brent remains on course for back-to-back weekly gains, as it keeps its head above the psychologically-important $100/bbl mark.

29 July 12:45

Brent prices gripped by demand-side concerns

The surprise contraction in Europe’s manufacturing sector has ramped up fears of an economic recession. Ongoing rate hikes by central bankers worldwide, with the ECB finally following suit this week, are also set to hasten the demand erosion.

22 July 12:50

Oil prices hammered by recession fears

It has been a brutal week for oil markets. The global commodity has weakened below $95 for the first time since Russia invaded Ukraine thanks to fears of an impending global recession

15 July 09:54

Demand fears drag Brent below key support levels

Brent is able to keep its head above the psychologically-important $100/bbl mark for the time being, despite having broken below notable support levels. Brent’s 100-day simple moving average and the upward lower trendline since March both gave way earlier this week, as oil investors grew more doubtful about the resilience of global demand.

8 July 12:33

All reviews

Metals

Softer US NFP, CPI may keep gold above $1800

Heightened geopolitical tensions following Pelosi’s contentious visit to Taiwan appear to have lent themselves to stronger bids for gold, with the precious metal having already benefitted from the moderating US dollar and Treasury yields.

5 August 11:54

Gold climbs on perceived “dovish” Fed

Gold is taking advantage of the softer US dollar as markets perceive the latest policy clues out of the Fed to be relatively dovish. The precious metal is trading around its highest levels since early July and is set to register back-to-back weekly gains.

29 July 12:42

Gold needs dovish Fed surprise to climb significantly past $1700

Gold is still keeping its head above $1700 and could end a run of five straight weekly declines. However, spot prices are easing in the face of a resilient US dollar, as the next Fed rate hike looms.

22 July 12:48

Gold limps into the weekend

The past few days have certainly not been kind to gold. After struggling to nurse deep wounds inflicted by last week’s brutal selloff, the precious has descended deeper into the abyss.

15 July 09:50

‘Death cross’ sank gold below $1800 this week

The ‘death cross’ formed at the onset of this week proved to be the technical catalyst that sank spot gold well below $1800, with the end-September lows perhaps soon being called upon to offer stronger support for ailing bullion prices.

8 July 12:30

All reviews

There's a better website for you

A new exciting website with services that better suit your location has recently launched!

Sign up here to collect your 30% Welcome Bonus.