Oil Commodity
The FOMC may be this week’s data highlight, but it is the Kim and Trump show that will keep energy and precious metals on edge. Crude Oil Both Brent and WTI survived further selling pressure on Friday to make back all their losses and close near the highs of the day...
Gold Commodity
Gold prices held steady after touching their highest in more than two months on Friday, as rising tensions between the United States and North Korea triggered safe-haven buying. "Much of the rally (in gold) is because of the increased safe-haven demand," said OCBC Bank analyst Barnabas Gan. President Donald Trump warned North Korea again...
Oil Commodity
International Energy Agency (IEA) released a report on Friday, stating that the global demand growth forecast has been raised from 1.4 million barrels per day t0 1.5 million barrels per day for this year. The agency also noted that it expects the demand for the Organization of the Petroleum...
US Dollar Currency
Has the dollar slide run its course? The US CPI inflation and core inflation figures are in focus on Friday as they are set to drive the price action in dollar FX pairs and equity indices to an extent. A month ago the Bureau of Labor Statistics reported the Consumer Price...
Euro Currency
Credit Suisse FX Technical Strategy Research notes that EUR/GBP has seen a strong rally since April this year and has reinforced a large base set above .8852 to achieve the next target at the November 2016 high at .9050. "The extension above here keeps the risks directly higher for the...
Great British Pound Currency Euro
U.S. investment bank Morgan Stanley raised its currency forecasts for the euro on Friday, predicting it would hit $1.25 early next year and be one-for-one versus Britain's pound for the first time in its 18-year history. Morgan Stanley also cut its forecast for the Mexican peso to 20 per dollar...
Euro Dollar Currency
Escalating turmoil between the US and North Korea has continued to dominate the news flow in forex markets as the war of words threatens to spill over into army confrontation. However, the demand rally for the safe haven assets came to a halt ahead of European trading. Oil prices dropped,...
Asian Stocks
Stock markets in Asia overnight continued to be under pressure from the stalemate between North Korea and America. It is a public holiday in Japan today. The tension between the US and North Korea is still dominating the news and it is looming over the financial markets. The uncertainty surrounding the...
Donald Trump

A Vexing Vix

US political uncertainty and North Korean sabre -rattling has lit a fire under the comatose Vix volatility index which popped above 15 % overnight.The geopolitically influenced global stock market thrashing has driven investor angst into overdrive as volatility is back in vogue it seems, thanks to the escalation of...
New Zealand Dollar Currency NZD
Intensifying turmoil between the US and North Korea continued to strain forex markets across the globe and to lift demand for assets perceived as safe havens for the second day. The yen and gold continued rising, while the Swiss franc took a breather against the dollar (last trading at 0.9660 francs) and...