Market Overview

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 Chamber of MerchantsDid I mention before that Crude Oil is a bad idea? I think I did. And Crude keeps disappointing as, for some strange reason, the US economy just isn’t...

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...

Originally published by AxiTraderQuick SummaryThe last week hasn't been kind to Asian forex with the regions currencies coming under pressure as traders price both economically negative policies and a...

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 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...

Originally published by AxiTraderThe US dollar traded up to 100 overnight in index terms and is still sitting at that level as early Asian trade really kicks off this morning. That strength,...

Originally published by AxiTraderQuick RecapThe S&P 500 is spending it’s second day inside the post recovery daily range we saw on Thursday, which again suggests to me my caution about the...

Originally published by Rivkin SecuritiesContinuing the post-election market reaction, bond yields climbed further overnight with the US 10 Year T-Note closing at a yield of 2.24%, the highest in...

Originally published by Chamber of MerchantsBond Market Sells Off While Dollar And Commodities Find DirectionBond markets are selling off aggressively. US two year bond yields have risen almost...