On Monday, UK Chancellor Phillip Hammond announced its latest budget, which did not have a massive impact on Pound Sterling. Now that is out of the way; it’s time to focus on another critical economic event – the Bank of England rate decision. ...
This Friday will see the release of Non-farm payrolls (NFP) which normally triggers strong volatility across the forex board. The NFP represents the number of new jobs created during the previous month in all non-agricultural business. The Sep...
Stock Markets: Wall Street Bleeds This Year’s Gains October took the equities markets on a rollercoaster ride. Investors’ sentiment is vulnerable as a series of bearish facts engulfed the markets. Various headwinds are hitting the stock marke...
On the back of what has been a pretty punishing month for Oil, now trading below $70 a barrel for WTI crude, we’re going to take a look at Oil, the fundamental drivers behind the price swings and what the future could hold for the Oil markets. For...
Creating New Monthly Highs Yesterday gold reached a three-month high of $1,239.68 which, as we head into the final quarter of 2018, is once again stirring up price speculation and talk of a change in directional bias. While the fundamental aspects a...
The European Central Bank (ECB) is set to announce its interest rate policy this Thursday. Market participants are widely expecting the rate to remain on hold, but most importantly, the “language” and the “tone” of the statement will be ...
The Psychological effect behind the Stock Markets’ Most Volatile Month. Generally, the volatility in October has been well-above average, and this does have a psychological effect on investors’ minds. The biggest market crashes – Black Mo...
One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The decision is scheduled to be announced on Wednesday at 14:00 PM London time. It will be the first meeting since the new United States–Mexico–Can...
Undoubtedly anybody who dabbles or takes an interest in the financial markets will have come across the term yield curves. Perhaps stumbled on during research or overhearing Bloomberg TV hammer home various aspects of yield curve movements. Either ...
In the last article, I wrote about the top 5 gold exporters in the world. Now it is time to look at the top 5 exporters of another one of worlds precious metals – silver. Last year the total sales from global silver exports reached $19.5 bi...
Last year the total sales of gold exports reached $310 billion mark. The top 5 countries made up a large portion of the total gold exports last year with shipments accounting to more than $177 billion, which was 57.30% of the world total. I...
What is the Gold-to-copper ratio and why is it important? And more importantly, what could it be telling us? The Gold-To-Copper Ratio Health Check Copper is often referred to as a barometer for economic growth and gold has historic...
As PBOC slashed its Reserve Requirement Ratio (RRR) for large institutions and smaller banks, investors are trying to understand the rationale and implications of this action because it is the fourth cut for the year. The cut will inject billion...
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Last week's ATR: 95-96.1 From the daily chart below, we can see that the US Dollar Index is currently testing its right shoulder, and I have marked the left and right shoulders by two red rectangles. It will take weeks for the price to tumble aroun...