Nov 11,2019

During the last week, we’ve covered recent trade optimism and its impact on the market. However, at the start of the new week, market sentiment changed from previous risk-on mode towards a more conservative stance.    One of the main events that contributed to the change in market sentiment was......

Nov 08,2019

This week had been a hectic week for markets that rely on trade sentiment. Safe-haven were the main losers, dollar obtaining significant rebound after last week losses, while oil holding tight on its higher grounds.    Earlier this week, both the US and China commented on reaching consensus regarding previous......

Nov 07,2019

Crude oil recorded its first trading day losses this week, pressured by an unexpected buildup in US crude inventories and trade woes towards the prolonged phase one trade deal.     According to the Energy Information Administration (EIA), last week, crude oil inventories rose to 7.9M barrels, not only missing......

Nov 06,2019

Safe-haven gold having a bad start of the week, recording two consecutive day losses with Tuesday losses as much as 1.73%, almost $30 a troy ounce, the most significant drop in six weeks. Market sentiment had a major turn, with investors’ previous risk aversion quickly shifted into a risk-on attitude......

Nov 05,2019

  It was a peaceful start for the week compared to previous hectic season amid major economic data and events happening. However, the Aussie (Australian Dollar) kept its momentum moving during Tuesday’s early trading session after RBA kept its interest rate unchanged at 0.75%. Throughout the year, RBA announced three......

Nov 04,2019

Greenback’s appeal was diminishing throughout last week, with the dollar index recording losses for five consecutive trading days and trading below its 97.00 psychological zones. The losses suffered were due to multiple events and economic data last week.  Earlier last week, the dollar index was initially pressured by weak CB......