Market Overview

Originally published by AxiTraderMarket SummaryBuy the rumour sell the fact. It’s an old axiom of markets and it's worked again in oil overnight which has collapsed more than 5% after OPEC...

Originally published by AxiTraderMarket SummaryDovish FOMC minutes and a gradualist approach to trimming the Fed’s $4.5 trillion balance sheet helped lift the S&P 500 to a record close this...

Originally published by CMC MarketsUS Federal Reserve Open Market Committee May meetings minutes released overnight confirm a benign approach from the Fed while emphasising its commitment to...

Originally published by IG MarketsThe focus overnight has been on the Federal Reserve, with moves in oil, bulk commodities and Bitcoin also getting a good focus. Bitcoin is trading like a small cap...

Originally published by Rivkin SecuritiesThe US Dollar Index declined -0.30% on Wednesday as treasury yields fell following the release of the FOMC minutes from the May 3rd meeting. Both the 2-year...

Originally published by AxiTraderMarkets Overview:Equities: Nikkei 225 (+0.55 %), Hang Seng (-0.14 %), CSI 300 (-0.33 %), KOSPI (+0.21 %), S&P/ASX 200 (-0.06 %) Commodities: WTI Crude $51.55...

Originally published by AxiTraderWhy would you sell stocks right now? You just wouldn't would you, given the buy the dip crowd are so passionately buying on every dip. That has dampened market...

Originally published by AxiTraderMarket SummaryStocks are up again this morning as US traders again took the S&P 500 above 2400. It’s dipped a little from there at the close but the overall...

Originally published by IG MarketsAnother calm night on financial markets, but we have seen some buying of US dollar's led by moves across the US fixed income curve, while US equities and US crude...

Originally published by Rivkin SecuritiesThe euro retreated -0.48% on Tuesday despite positive economic data as a stronger US dollar weighed on the common currency as treasury yields rose. The...

Originally published by AMP CapitalKey pointsThe political scandal around President Trump is likely to speed up rather than stop his pro-business reforms. However, after a strong run, shares remain...

Originally published by Commonwealth Bank of AustraliaAussie swap spreads have lifted from their tightest levels in decades. Spreads remain in a tight range, but lifted after Trump’s election...

Originally published by AxiTraderThe US dollar has been under a lot of pressure recently as the data flow weakened and as bond rates headed back toward 2.20%. That combination is a clear sign that...

Originally published by AxiTraderMarket SummaryThe OPEC deal for a 9 month extension is closer now after Saudi oil minister al-Falih flew to meet his Iraqi counterpart and convince him to agree to the...