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Crude Oil Drops Below $30 As Market Opens
Crude Oil Drops Below $30 As Market Opens WTI Crude Oil has experienced an unprecedented sell-off, plunging 30% and falling below $30 a barrel. This marks the first time oil prices have dropped to such low levels since 1991 during the Gulf War. The dramatic drop follows the collapse of the OPEC+ alliance between Saudi…
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09 March 2020
63 views
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Will the Coronavirus Cause an Economic Recession?
Will the Coronavirus Cause an Economic Recession? Trading Opportunities As the coronavirus crisis continues to worsen, many are beginning to ask whether it could lead to a global economic recession. The current numbers from the Chinese government report over 70,000 infected, with more than 1,700 deaths, and the situation is continuing to escalate. The recent…
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17 February 2020
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The Effect of Coronavirus on Gold
The Effect of Coronavirus on Gold Trading Opportunities Gold prices reversed early losses on Thursday, driven by concerns over the spread of the coronavirus in Wuhan, China. As the virus grows in impact, gold hit a two-week high of $1564.6 USD/oz as investors sought a safe-haven asset, fearing that the virus could spread further and…
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28 January 2020
55 views
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The Safe Haven Wind Down | Bulletin
The Safe Haven Wind Down | Bulletin As risk sentiment returned to equities this week, both Gold and Silver saw significant sell-offs following speculation that the US may remove tariffs on China. This speculation led US stocks to reach new all-time highs, with the Dow Jones gaining over 2.3% this week, while safe-haven assets Gold…
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08 November 2019
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US Blacklists Eight Chinese Tech Companies Amid Trade Tensions
US Blacklists Eight Chinese Tech Companies Amid Trade Tensions The Trump administration has added eight Chinese technology companies to the US blacklist, accusing them of involvement in human rights violations against Muslim minorities in China’s Xinjiang province. Two prominent companies, Hangzhou Hikvision Digital Technology Co. and Zhejiang Dahua Technology Co., which control nearly a third…
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08 October 2019
46 views
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NZD/USD Stages Recovery Amid USD Weakness
NZD/USD Stages Recovery Amid USD Weakness Market Summary: The NZD/USD pair has staged a recovery, benefiting from broad USD weakness caused by disappointing U.S. economic data and escalating global trade tensions. Key Developments Driving the Recovery: Weaker U.S. Economic Data: The latest US ADP Employment Report revealed that private businesses added only 135,000 jobs in…
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02 October 2019
66 views
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Is the Market Losing Interest in Brexit?
Is the Market Losing Interest in Brexit? The UK Supreme Court ruled that Prime Minister Boris Johnson’s prorogation of Parliament lacked reasonable justification, briefly strengthening the Pound Sterling (GBP). However, this rally was short-lived as persistent Brexit uncertainty continued to weigh on the currency. Johnson has resisted calls to request an extension to the Brexit…
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26 September 2019
58 views
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Crude Oil Market Reacts to Saudi Supply News
Crude Oil Market Reacts to Saudi Supply News The recent drone attack on Saudi oil facilities caused a dramatic rally in oil prices on Monday, marking one of the fastest price spikes on record. However, optimism regarding a quick recovery in Saudi Arabia’s oil production levels has led to a pullback in prices. Price Movement…
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17 September 2019
43 views
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GBP/USD Reacts to Brexit Developments
GBP/USD Reacts to Brexit Developments Prime Minister Boris Johnson’s decision to prorogue Parliament ahead of the October 31 Brexit deadline has sparked significant market reactions. With Queen Elizabeth’s formal approval of the move, the pound experienced sharp volatility, plunging to a daily low of 1.2189 before staging a partial recovery. Daily Chart Overview: On the…
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28 August 2019
49 views
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EUR/GBP Rallies: Are We Heading Back to the Top?
EUR/GBP Rallies: Are We Heading Back to the Top? Global market uncertainty, fueled by recent trade tensions and a 6% drop in stock prices within two days, has weakened the US dollar, prompting investors to shift toward safer assets. Among these, the euro has emerged as a preferred choice, strengthening against both the dollar and…
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08 August 2019
57 views
