Market Analysis
August 10, 2020
Talking Points: Bitcoin price continues in the bullish hands with the route to 14,000 USD already carved out. BTC/USD’s potential for an increase above 12,000 USD in the short-term mounts with its...
August 10, 2020
Energy giant Saudi Aramco has reported a massive 73% fall in its profits, or the net income, for the April-June quarter to $6.6 billion amid the pandemic. During the same period of 2019, Aramco had...
August 10, 2020
The FTSE 100 index started the new trading week in positive territory despite fears that further deterioration of US-China relations could leave America unable to agree a new economic stimulus...
August 6, 2020
Over the past month, investors have swooped for commodities, with all-time highs being reached for everything from gold to the tech-giants stock’s, to bonds. This has pushed yields down to record...
August 6, 2020
Oil has finally broken out of the narrow range it has been trading in for over a month now, with ICE Brent trading as high as US$46.23/bbl at one stage yesterday, although the market was unable to...
August 6, 2020
Talking Points: Bitcoin’s consolidation period in the lower 11,000 USD region has resulted in a strong push upwards to 12,000 USD. However, Bitcoin has yet to re-test this level, it does look like...
August 5, 2020
Towards the end of June, the Swiss franc was rising against the USD as fears of a second wave of COVID-19 controlled the markets, with demand for safe-haven assets growing. The downturn in the...
August 4, 2020
After suffering its largest monthly fall in three years, the U.S. dollar looks to be entering a period of consolidation. However, the causes of the DXY to fall by 10% from its high in March still...
August 4, 2020
This summer’s huge gold price rally could be an indication that the market is losing trust in the U.S. dollar as the globes reserve currency, as suggested by Nick Piquard Horizons ETFs...
August 4, 2020
Oil continues to trade in an incredible range bound manner, with Brent still anchored around the $43/bbl level. Speculators appear to be getting more nervous about the demand recovery, with the path...
August 3, 2020
Asian markets mostly fell Monday with sentiment depressed by a spike in coronavirus infections that has forced fresh lockdowns and sparked worries about the impact on the world economy. A lack of...
July 30, 2020
Britain draws closer to signing its first major trade deal since leaving the European Union in January, according to media reports on Wednesday. The U.K. has made a breakthrough in talks with Japan,...
July 30, 2020
Stocks across Asia were boosted by the promise of ultra-easy monetary policy globally as the Federal Reserve left interest rates near zero to support the country’s virus-battered economy, sending...
July 29, 2020
The FTSE 100 is expected to open lower on Wednesday as markets have shown little movement ahead of the Fed meeting later during U.S. session. The FTSE 100 is expected to open around 31 points lower...
July 29, 2020
If the futures market is a sign of where traders believe gold is going, then gold hitting 2000 USD may be closer than we think. As of now, the December contract of Comex gold futures is trading at...
July 27, 2020
Oil prices edged down on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets such as Gold and Bitcoin. Brent crude dipped 10...
July 27, 2020
Various gold-backed stablecoins appear to be moving towards new record highs as the price of their underlying asset has hit its most significant levels since September of 2011. At the time of...
July 27, 2020
What has occurred in the forex markets over the last few weeks is that the weakening momentum in the USD (for a host of good reasons) has outweighed all of the variables that were expected to produce...
July 24, 2020
Emerging Asian stock markets sank but currencies were mixed against a weakened U.S. dollar on Friday as China made a petty move by ordering the U.S. consulate in Chengdu to shut, stoking fears over...
July 24, 2020
Gold took advantage of a weak dollar on Thursday and saw itself reach another nine-year high and approach the $1,900/oz level while rising geopolitical risks and a weakening US dollar continue to...
July 23, 2020
Following MasterCard’s announcement earlier this week in regards to their expanding support of cryptocurrencies, VISA has joined in and laid out a similar statement wanting to keep in the race with...
July 22, 2020
Analysts expect that the UK’s economy will expand at its quickest pace in decades this quarter after shrinking at its fastest pace in centuries last quarter, as large key parts of the economy have...
July 22, 2020
Tuesday saw oil prices rise to around $1 a Barrel, hitting its highest level in more than four months with a boost from a European Union stimulus deal and some hopeful news about coronavirus vaccine...
July 21, 2020
While trying to stay ahead of the game, payment provider Mastercard has been making inroads into the crypto sector for the past few months. Their enthusiasm surrounding the future of cryptocurrency...
July 21, 2020
E.U. leaders have reached a historic deal for a massive stimulus plan for their coronavirus-hit economies at an early morning meeting on Tuesday after a fractious summit that lasted almost five days....
July 20, 2020
Three Signs That Could See Crypto Boom Like 2017. Max Bronstein from Coinbase said, “there are three clear signs that crypto is having a major reflation moment, soon to be on par with and likely...
July 20, 2020
Monday saw shares take further losses as fresh spikes in coronavirus infections across the world forced governments to implement new containment measures, fuelling fears about the stuttering economic...
July 17, 2020
At an all-time high achieved during July the 15th’s trading session at 8.91 USD, the favourite amongst the altcoin community was up by almost 500% from March’s collapse at lows of around 1.50...
July 16, 2020
Cryptocurrency analyst PlanB set up a new Twitter poll which results show that the market experts believe that Bitcoin (BTC) will crack 20,000 USD mark in 2021. The poll, which surveyed...
July 15, 2020
During Wednesday’s session, the Central Bank of Japan (BOJ) forecast that the nation’s economy could contract by 4.7% in 2020 (April 2020 to March 2021) despite recent signs of a gradual...