Commodities
Commodities

Commodities

12
May

Good Morning Europe

US indices resumed a drop yesterday with all major Wall Street benchmarks finishing trading significantly lower. S&P 500 dropped 1.65%, Dow Jones moved 1.02% lower and Nasdaq slumped 3.18%. Russell 2000 moved 2.48% lower. Indices from Asia-Pacific followed the US lead and also moved lower. Nikkei and S&P/ASX 200 dropped 1.7%, Kospi moved 1.5% lower […]

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11
May

Good Morning Traders

US indices finished yesterday’s trading mixed. S&P 500 gained 0.25%, Dow Jones moved 0.26% lower and Nasdaq added 0.98%. Russell 2000 finished flat. Indices from Asia-Pacific traded mostly higher today. Nikkei gains 0.4%, indices from China traded up to 3% higher while Kospi and S&P/ASX 200 finished flat. DAX futures point to a slightly higher […]

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10
May

Talking Brent

Risk assets like equities, cryptocurrencies or oil plunged yesterday in a broad market sell-off. Policy tightening and global economic slowdown resulting from tight lockdowns in China drove asset prices lower. Situation has calmed down a bit and a small relief rally can be spotted today. Taking a look at Brent chart (OIL) at H4 interval, […]

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09
May

Talking AUD/USD

The US dollar is continuing its rampaging amid worsening market sentiment. The dollar index jumped above the 104 mark, hitting a fresh 20-year high, as hawkish FED, surging inflation, the war in Ukraine and Chinese lockdowns led investors to dump risky investments and transfer their fund to safe-haven assets. The Australian dollar also fell sharply […]

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09
May

Good Morning Traders

Indices from Asia-Pacific traded lower today. Nikkei plunged 2.35%, S&P/ASX 200 dropped 1.2% and Kospi moved 1.35% lower. Stock markets in China also moved lower. Hong Kong market is close due to public holiday. • US futures trade below Friday’s cash close. • European futures point to a lower opening of today’s cash session. • […]

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06
May

Chart of The Day

As the first Friday of a new month has arrived, the time has come for release of the US jobs data. Report for April may have less gravity than usual as the Fed has already set out guidance for rate hikes at coming meetings. Nevertheless, some short-term volatility on the USD market is likely to […]

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04
May

Talking Oil (WTI)

Oil traders are turned to Europe today as the European Union debates over the shape of the looming embargo on Russian oil. This is a major medium- and long-term factor for oil prices and is pushing crude prices higher today. Amid such high level talks it is easy to miss another factor for oil prices […]

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04
May

Oil Moves Higher

Oil prices are trading more than 2.5 percent higher today following the European Union’s proposal for a conditional embargo on Russian oil and refined products. The latest sanctions proposed by the EU are to phase out Russian oil over the next six months. Oil (OIL) chart, D1 interval. The escalating situation between Russia and the European […]

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04
May

Good Morning Traders

US indices finished yesterday’s session higher. S&P 500 jumped 0.48%, Nasdaq added 0.22% and Dow Jones rose 0.20%. Stocks in Asia traded lower. S&P/ASX 200 fell 1.10% and Kospi lost 0.17%. Nikkei and Chinese indices were closed for holidays.  DAX futures point to a lower opening of the European cash session today. Analysts from BNZ, […]

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03
May

Natgas up More Than 6%

Natgas is gaining more than 6% today and is again the highest since 2008 Natgas prices are gaining again amid slowing US production growth and insufficient infrastructure to increase gas production and availability to US consumers. The key shale gas production regions in the US, namely Permian and Appalachia, indicate that they have reached the […]

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