Market Commentaries

FX analysts and traders will scrutinise the latest Q2 annualised GDP data for the USA economy when it’s published at 13:30pm U.K. time on Friday afternoon. The expectation is for the figure for Q2 to come in at 1.8% falling from 3.2% in Q1. If the forecast is met equity markets in the USA and […]

At 13:30pm U.K. time on Friday July 26th the latest annualised QoQ GDP figure for the USA economy will be published. The metric covers the time period up to the second quarter of 2019, Q2. The figure is not the estimate it’s the actual and final reading published by the BEA (Bureau of Economic Analysis),

Central bank’s’ decision making will continue to make headlines during Thursday’s trading sessions. Focus was on Australia’s central bank in the early hours and during the afternoon session market attention will shift to the Eurozone’s central bank, the ECB. Mr. Philip Lowe the Governor of the RBA, Australia’s central bank, announced in a speech in

After several decades of intense and heated discussion, the jury is still out and unable to reach a verdict in relation to the efficiency and effectiveness of technical analysis (TA). The opinions are generally binary and polar opposites; some FX analysts and traders swear by the proficiency of TA, others dismiss technical analysis as tea-leaf

On Thursday July 25th at 12:45pm U.K. time the ECB will reveal its decision regarding the key interest rates for the single trading-bloc the Eurozone. After polling their panels of economists both the major news agencies, Reuters and Bloomberg, are of the opinion that there’ll be no change to the current lending rate of 0.00%

Equity markets in the Asia-Pacific region mostly closed up on Wednesday morning following the rises on Wall Street on Tuesday, due to reports that trade negotiations between Beijing and Washington will restart next week. Bloomberg reported on Tuesday that Trump’s U.S. representative Lighthizer is travelling to China on Monday July 29th for face-to-face trade talks

Many traders in the FX retail trading community will trade without any form of stops. Surprisingly, these aren’t necessarily naive or inexperienced traders, some are actually experienced traders who will attempt justify why they prefer to trade without stops. The reasons they deliver are various and fascinating. Some will cite that various brokers and the

Between 11am and 12am U.K. time the U.K. government and Tory party is set to reveal who their voter base has chosen as their next leader and consequently the British prime minister. The odds-on favourite is Boris Johnson whose insistence that under his stewardship the U.K. would be prepared to exit the European Union by

The economic calendar has no medium to high impact events listed today, other than the BOJ Governor Kuroda appearing at the IMF in Washington to deliver a speech this evening. The content of the speech may concentrate on Japan’s economy, or wider global economic issues. Certain Japanese indicators such as: inflation, GDP, debt v GDP

WTI oil had sold-off sharply on a weekly basis as the tensions relating to safe sea-passage of energy through the straits of Hormuz, the busiest shipping-lane for the transport of oil on the planet, reduced significantly. However, tensions were suddenly escalated on Thursday evening as news broke that a USA warship shot down a drone