Articles
EURAUD testing mean of long-term range
The EURAUD buoyed by a weaker Australian Dollar lighter lighter monetary policy from the Reserve Bank of Australia, (RBA) has seen the currency pair move with some momentum in recent days and weeks. The RBA came out in its most recent meeting and raised rates by an unexpectedly low 25 bps vs 50 bps. This helped equities and housing stability but pu...
Risk on continues as equities, Bitcoin and commodities pump, USD dumps
Q4 has continued with a bang in Tuesdays session with US stocks posting their biggest two day gain since April 2020 and the best start to a quarter since 2009 (Best start of Q4 since 2002!) The re-pricing of risk assets comes on the back of the view that Central banks will be a little less aggressive in their rate hiking cycle, with expectations...
Reserve Bank of Australia surprises the market by lifting cash rate by 25 bps
The Reserve Bank of Australia, (RBA) has surprised much of the market by raising the country's cash rate by just 25 basis points. With analysts expecting a more aggressive 50 bps hike, the smaller lift will provide relief to much of the country's housing market and equity market. RBA, Chairman, Phillip Lowe outlined how previous rate rises had alre...
China Yuan’s Falls to Record lows
I have recently written a piece on the weakening of the Great British Pound (GBP) just the other day, as it looks like the dollar seems to be king at present and getting stronger against all other top currencies around the world. Today is the Chinese Yuan in focus, yesterday was the Sterling pound, who’s your money on tomorrow? We will have t...
Stocks begin Q4 with a bang as Fed pivot dreams see yields lower
US stocks started with a Q4 bounce after a dismal Q3 helped by softer PMI data and perhaps extreme oversold technical conditions. Bond yields drifting lower as the market priced in a possible and highly speculative Fed pivot also bolstered equities and other risk assets. One big exception was Tesla (TSLA) cratering over 8% on a big miss on de...
Tesla sets a new record
Tesla Inc. (NASDAQ: TSLA) reported its Q3 2022 delivery numbers on Sunday. World’s largest automaker delivered a total of 343,830 cars (up by 42.49% year-over-year) in the third quarter – setting a new quarterly record. The deliveries in Q3 consisted of: 18,672 Model S/X 325,158 Model 3/Y The automaker produced 365,923 vehicles...
Optimising trading strategies by using multiple timeframe analysis
Many trading strategies utilise technical analysis to predict price patterns and for entries and exits. These strategies revolve often begin with the idea of the price having identifiable support, resistance and trendline market structures which indicate where various buying and selling points can be placed for a trade. These support and resistance...
Natural Gas getting ready to test important level
Natural Gas prices have had a volatile year to say the least. After finding multi decade highs on the back of geo-political volatility and record high inflation levels the price has seen an aggressive retracement. With the overall commodities market suffering a big drop as recessionary pressures have taken over and a resilient USD, Natural gas has ...
Stocks tumble again as BoE inspired rally fizzles
US stocks again were heavily pressured, selling off hard into the last day of the month and quarter as Wednesdays rare BoE inspired positive session proved to be a dead cat bounce thus far. Tech led the sell-off after a rare downgrade of Apple (AAPL) from Bank of America added to tech woes with many of the heavyweights underperforming as Microso...
Bank of England, Stuck between a rock and hard place
The UK financial system has been under extreme pressure from rising inflation and recessionary pressures. It culminated in the GBP reaching record lows and a UK government bond crisis that could have almost brought down the system. So why is the Bank of England now buying government bonds after attempting to stem inflation and raise interest rates....
What are Bonds and how do you trade them?
Maturity, Yields, Par Values and Coupon payments. These are words that everyone has heard of but not many have a good understanding of what they mean. In this article all these complicated terms will be explained. Please note that while this information is most relevant for physical bonds, it is still important to understand when dealing with CFD...
When will the AUD find support?
The AUD has fallen to lows not since the beginning of the Covid 19 pandemic and does not look like stopping anytime soon. With global commodity prices coming down and fears of a recession causing panic sell offs the AUD has been victim to a two-fold attack. The general recession fears push growth assets including the Australian dollar downward as i...
US stocks extend sell-off, yields spike, GBP flash crashes
Wall St extended its sell-off in Mondays session, continuing on from Friday (albeit not as pronounced) against a backdrop of spiking bond yields, growth concerns and turmoil in the FX market. The S&P 500 closed at it’s lowest since late 2020 and the Dow slipped into bear market territory as investors fled risk assets. The USD was again dom...
Why has the GBP Collapsed to record lows?
It hasn’t been a good Monday morning for some investors or English travelers who wish to sell the GBP to go abroad, as the Sterling Pound has collapsed to record lows to bring almost perfect parity with the U.S Dollar at 1 GBP equals $1.09. Sterling fell to the lowest level in 37 years, trading below the $1.09 following the rate increase. ...
GO Markets wins in the Global Forex Awards – Retail
GO Markets has won three awards in this year’s Global Forex Awards; Best Forex Fintech Broker - Global Best Forex Trading Support - Asia Most Trusted Broker - Europe The Global Forex Awards recognise forex and related businesses from around the world, “who are pushing the boundaries of innovation in retail forex trading solution...
