Fresh yearly low in oil Oil started US trading higher after Saudi Arabia raised prices on its barrels but talk of peace in Ukraine and Trump touting lower oil prices…
Price is down $1.67 or -2.3% Looking at the hourly chart, the price on MOnday, extended above the 200 hour MA, but could not sustain momentum. Most of yesterday and…
The market is increasingly convinced it's all posturing Bitcoin Daily Chart It's been a rough day in the crypto market with alts getting smashed but bitcoin maxis can take some…
Comments from Trump after announcing tariffs Executive order on Canada/Mexico/China come into effect on Feb 4 New Canada tariffs don't apply to goods loaded onto vessels or in transit before…
Gold breaks the November high Geopolitical uncertainty is fuelling a fresh record high in gold. It's up $34 today to $2791, breaking the November high by $1. At the start…
The AUD/USD has been choppy and non-trending over the past few days, but the overall control remains with the sellers. The bearish bias stems from the pair breaking below the 200-hour moving average earlier…
Moderately hawkish decision The market has reacted in a hawkish way across the board after the FOMC decision. The statement removed a line saying 'inflation has made progress' and that's…
While the RBA has maintained a cautious stance on rate cuts, economists and financial markets are now speculating that the central bank may start considering reductions sooner than previously thought.…
Inflation data from Australia for the October- December quarter and for December month, 2024. Headline inflation numbers come in lower than expected. +2.4% y/y expected 2.5%, prior 2.8% +0.2% q/q…
The Australian CPI for Q4 2024 is the focus, The quarterly CPI data from Australia will be eyed for its impact on the likelihood of a February Reserve Bank of…