Market Overview

The British pound rallied +1.3% on Thursday shown on the first chart below, as the Bank of England left interest rates unchanged at the record low of 0.25% and a London court ruled that Prime Minister...

Originally published by Chamber of MerchantsI’m getting a lot of feedback from traders who are jumpy at the thought of rate hikes etc. (P.S I would be very anxious if I were not in gold miners....

Originally published by AxiTraderQuick RecapCrude Oil fell another 2.5% last night with WTI sitting at $45.51 this morning. That's broken a key level - the uptrend from the $26 lows this year. That...

Originally published by RivkinAs the ASX’s biggest petroleum producer Woodside Petroleum Ltd (AX:WPL) profits are obviously highly dependent on the Crude Oil price. A supply glut that has...

Originally published by RivkinAs expected, the Federal Reserve (Fed) left rates unchanged at its latest six-weekly meeting last night. Markets didn’t expect a hike at this meeting due to the...

Originally published by AxiTraderCocoa broke above $2740 resistance last week, but failed to sustain momentum and fell back below $2700. Overall, techs remain bearish and further losses seem likely,...

Originally published by Chamber of Merchants $1308: That was the height of gold’s rally during US trading. Gold is closing around $1297 to wait for Asian trading. The trend has been set with the...

Originally published by Chamber of Merchants I would like to share what I’m looking at with regard to the price of Gold. Note that I am not charting individual stocks since they will rise with...

Originally published by AxiTraderQuick RecapThe Aussie dollar rallied hard in the wake of the RBA's decision to leave rates on hold and signal that, for now at least, the chances of another rate cut...

Originally published by AxiTraderMarkets Overview:Equities: Nikkei 225 (-0.05 %), Hang Seng (+1.27 %), CSI 300 300 (+0.38 %), KOSPI (-0.13 %), S&P/ASX 200 (-0.51 %) Commodities: Crude Oil $47.07...

Originally published by AxiTraderQuick RecapStocks are lower across the board, the US Dollar is under pressure against the Yen, Euro and Swissie, and the US 2-10 bond curve steepened. It's all because...

Originally published by Chamber of MerchantsIf you have been following me, you’d know that I invited the Dollar Bear for tea a few weeks ago. I guess he received my invitation: This is why I...

Originally published by RivkinGlobal markets were clearly in a risk-off move on Tuesday as an ABC News/Washington Post tracking poll showed Trump with a lead of 46% compared with Clinton’s 45%...

Key pointsThe smoothest outcome for investors from next Tuesday’s US election would be a Clinton victory but with the Republicans continuing to control the House of Representatives, ie,...