Yen index rises after BOJ disappoints
The Yen index continued to rise overnight as the markets absorbed news from the two day meeting of the Bank of Japan, with the general […]
July 2016
Gold pausing ahead of the FED
Gold prices continue to remain locked in a tight range ahead of today’s key statement from the US FED, and with interest rates likely to […]
Yen waiting in the wings
Once the FED has shuffled off the world stage, it will be time for the BOJ to step into the spotlight as the Bank starts […]
Where next for the US dollar?
As the markets await the key fundamental news later today, with all eyes on the FED, it is the US dollar that takes centre stage, […]
Oil remains very bearish ahead of inventories
The longer term recovery for oil which peaked in the $52 per barrel area last month, is now reversing once more and picking up bearish […]
Cable continues to consolidate in a narrow range
Cable continued to consolidate last week in the after shock of Brexit, with the pair trading in a narrow range on the daily chart, and […]
Fear drains away as VIX sinks lower
As US equity markets continue to defy gravity and move inexorably higher, so the VIX slides ever lower as market complacency takes hold with risk […]
Gold canaries waiting to sing
Last week’s bearish engulfing candle for gold on the weekly chart appears to have had some follow through at the start of the new trading […]
Silver picks up bullish tone
Whilst much of the focus has been on gold over the last ten days as the ripples of the Brexit vote continue to wash through […]
Good news for commodities with Baltic Dry and CRB
As the first half of the trading year disappears astern, and we look forward to facing the second half, commodity markets in particular now appear […]
Gold and the US dollar post Brexit
Ten days on from the momentous Brexit vote seems a good time to reflect on and review some of the principle markets and indices particularly […]