Market Overview

Global monetary authorities are continuing to engineer a low bond yield environment in an ongoing effort to stave off the onset of economic stagnation. Against this backdrop, interest in...

Originally published by Chamber of MerchantsChina, Japan, Saudi Arabia Resume Dumping US BondsDuring US trading, the bond market sell-off woke up from its two day rest and continued to sell off. Who...

Originally published by AxiTraderQuick RecapSometimes, and in so many ways, markets feel like Topsy Turvy Land in Enid Blyton’s Magic of the Faraway Tree. So some might wonder why when Fed chair...

Originally published by Rivkin SecuritiesThe US dollar continued to strengthen overnight following testimony from Fed Chair Janet Yellen where she signalled a rate hike in December and that she would...

Originally published by Rivkin SecuritiesPresident-elect Donald Trump had a highly contentious run to the presidency with many of his comments offending a large number of people. There is little doubt...

Originally published by AxiTraderQuick RecapAfter being left alone because traders had bigger fish to fry, the Aussie dollar came under aggressive assault last night. From a high around 0.7560 the...

Originally published by AxiTraderQuick RecapA marginal new high for the US dollar, as bonds stabilise and stocks steady after the recent big moves. Signs are that OPEC is still serious about stitching...

Originally published by Rivkin SecuritiesThe US dollar continued to strengthen on Wednesday up +0.18% as it remains modestly above the key psychological level of 100 and trading at the highest levels...

A Presidential Election Cycle?With the US Presidential election over, the focus of investors naturally turns toward the outlook for stocks. In the US, debate about a so-called “Presidential...

The rise and rise in the price of Australia’s major commodity exports – coal and iron ore – has been one of the astounding features of this year. This note explores to extent to...

Originally published by Chamber of MerchantsDollar at Triple Top CuspGood morning everyone. The dollar is heading closer to the US Dollar Index 100.50 resistance zone. As you can see from the chart...

Originally published by AxiTraderQuick RecapA very interesting night for oil, the S&P 500, the US dollar and Trump’s transition team. Maybe I'm wrong about this stock market rally and the...

Originally published by Rivkin SecuritiesVolatility in the US stock market remained low last night as the major indices climbed higher throughout the session. The S&P 500 closed up 0.75% while the...

Originally published by Chamber of MerchantsGold ChartJust a quick note for some perspective on the current price action on gold: Gold is currently testing the diagonal trend line. So far it has held...