News Archive

Browse through our recent news articles and market analysis

USDJPY inched down Thursday on lingering U.S.-China Phase One trade deal coupled with dovish Fed talks but recovered early Friday on Kudlow’ optimism of an imminent deal

USDJPY slumped Thursday on lingering U.S-China Phase...

15/11/2019 - 10:27

USDJPY closed around 108.50 in the late-U.S. session Thursday, slumped almost -0.30% on lingering concern about...

Dow inched up Wed on Disney boost but broader U.S. market almost flat on lingering suspense about Phase One U.S.-China trade deal despite Powell’s dovish testimony; Dow Fut inched down early Thu

Dow surged Wed on Disney boost but broader U.S. market...

14/11/2019 - 14:29

The U.S. stock market closed mixed Wednesday as Dow surged on Disney, Apple boost but broader U.S. market almost...

Wall Street almost unchanged Tuesday on hopes of tax cut 2.0 after sliding on less dovish China remarks by Trump and China's informal objection of Trump's China comments; Dow slips late Wednesday

U.S. market almost flat Tuesday on hopes of tax cut...

13/11/2019 - 20:31

The U.S. stock market closed almost flat on hopes of tax cut 2.0 after sliding on less dovish China remarks by...

Dow almost flat Friday while broader U.S. market inched up on hopes that Trump will eventually agree for at least partial existing tariffs rollback for Phase One trade deal with China

Dow almost unchanged Friday while broader U.S. market...

12/11/2019 - 11:35

The U.S. stock market inched up Friday on hopes that Trump will eventually agree for at least partial (existing)...

Oil skids Mon on lingering Trump tariff rollbacks suspense and discovery of a new oil field by Iran but also buoyed by reports of higher uranium enrichment by Iran

Oil slips Mon on lingering Trump tariff rollbacks...

12/11/2019 - 11:14

Crude oil (WTI/Dec) made a session low of 56.26 in the early EU session Monday, slips almost -1.50% on lingering...

GBPUSD surged Mon on hopes of a clear majority for Johnson as Farage withdrew candidates against Conservative strongholds, although it may not be a game-changer; positive U.K. data also helped GBP

GBPUSD jumped Mon on hopes of a clear majority for...

12/11/2019 - 10:51

GBPUSD closed around 1.2854 in the U.S. session Monday, surged almost +0.47% on hopes of a clear majority for...

Dow almost unchanged Wednesday on reports U.S.-China...

06/11/2019 - 10:15

Dow almost unchanged Wednesday on reports U.S.-China Phase One trade deal may be delayed further to Dec from Nov;...

Oil soared on U.S.-China interim trade deal optimism and OPEC jawboning to extend deeper production cuts from present 1.2 mbpd to almost 2.2 mbpd by 2024

Oil jumped on U.S.-China interim trade deal optimism...

06/11/2019 - 07:16

Crude oil (WTI/Dec) closed around 57.10 in the U.S. session Tuesday, jumped almost +0.99% on U.S.-China interim...

Dow jumped to record highs on hopes for a tentative China trade deal despite concerns over a permanent deal and complete rollback of Trump tariffs; Dow Future edged up early Tues, but under stress

Dow surged to record highs on hopes for a tentative...

05/11/2019 - 12:15

The U.S. stock market surged Monday on the growing possibility of a tentative trade deal between U.S.-China,...

European stocks surged Friday on U.S.-China tentative trade deal and Brexit optimism; export heavy Dax-30 soared

European stocks jumped on U.S.-China tentative trade...

04/11/2019 - 08:24

The European stock market (Stoxx-600) closed around 399.43 Friday, jumped almost +0.68% on U.S.-China tentative...

USDJPY inched up amid blockbuster U.S. NFP, terrible ISM manufacturing PMI and further progress of U.S.-China tentative trade deal

USDJPY edged up on blockbuster U.S. NFP, terrible ISM...

01/11/2019 - 20:47

USDJPY was trading around 108.20 in the late-U.S. session Friday, edged up +0.20. USD was buoyed by...

GBPUSD jumped on the better prospect of a ‘BOJO’ (Johnson) win in the Dec ‘do or die’ Brexit election, but British political uncertainty remains

GBPUSD surged on the better prospect of a 'BOJO'...

01/11/2019 - 09:48

GBPUSD was trading around 1.2959 in the early EU session Friday, edged up almost +0.15% and surged over +1% for...

Dow jumped Wednesday on ‘Goldilocks’ Fed rate cut and dovish remarks by ‘flexible’ Powell, but under stress on renewed China trade truce suspense; Dow Future slumped early Thursday

Dow surged Wednesday on 'Goldilocks' Fed rate cut and...

31/10/2019 - 12:54

The U.S. stock market surged Wednesday on ‘Goldilocks’ Fed rate cut and dovish remarks by ‘flexible’ Powell, but...

U.S. Stock market slips Tuesday on mixed earnings and renewed suspense of Phase One China trade deal in Nov despite Trump's optimism; Dow Future almost flat early Wed ahead of Fed

U.S. stock market stumbled Tuesday on mixed earnings...

30/10/2019 - 13:50

The U.S. stock market slips from the session/lifetime high and edged down Tuesday on mixed earnings and renewed...

EURUSD edged up on Brexit flextension and less dovish talks by Draghi/ECB talks, but under stress on never-ending Brexit chaos and British Parliament logjam

EURUSD edged up on Brexit flextension and less dovish...

29/10/2019 - 13:58

EURUSD closed around 1.1099 in the U.S. session Monday, edged up +0.14% on Brexit flextension and less dovish...

Gold slid as risk trade surged on Trump’s optimism about U.S.-China Phase One deal coupled with Brexit ‘flextension’

Gold slips as risk trade surged on Trump's optimism...

28/10/2019 - 16:49

Gold (XAU/USD-spot) made a low of 1490.15 in the early session Monday slips over -0.90% on Trump’s optimism about...

Bitcoin soared on China’s optimism about Blockchain technology coupled with huge short covering for CME option expiry and fading optimism of FB’s Libra

Bitcoin jumped on China's Blockchain technology...

27/10/2019 - 05:56

Bitcoin (BTCUSD-Bitfinex) closed around 8679.10 in the U.S. session Friday, jumped almost +16.45% on Chinese...

USDJPY almost flat up on progress of U.S.-China Phase One deal, while undercuts by Brexit games of chickens; USD is consolidating ahead of Fed next week

USDJPY ticked up on progress of U.S.-China Phase One...

26/10/2019 - 13:33

USDJPY closed around 108.66 in the U.S. session Friday, ticked up +0.05% on progress of U.S.-China Phase One deal,...

U.S. market ended mixed Thursday on mixed earnings and less hawkish China talks by VP Pence coupled with 'do or die' Brexit saga; Dow Future edged down early Friday

U.S. market closed mixed Thursday on mixed earnings...

25/10/2019 - 13:27

The U.S. stock market closed mixed Thursday on mixed earnings and less hawkish China talks by U.S. VP Pence...

Wall street edged up Wednesday on mixed earnings, Brexit suspense, ease of Trump trade war and Turkey-Syrian tensions- chip makers dragged; Dow Future edged up early Thursday

Wall Street inched up Wednesday on mixed...

24/10/2019 - 13:02

The U.S. stock market inched up Wednesday on mixed earnings, Brexit suspense, ease of Trump trade war and...

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