|Gold and Oil Markets Report – 30 July 2018
Gold prices traded in tight range throughout last week while settled near to support USD1220 /oz on Friday. Market is in fatigue without new demand but bargain-hunting will emerge very strongly at ... (Read more)DAR WongMon, 30 Jul 2018 12:00 am
|Facebook Triggers Biggest Single -Day Loss
Fundamental Outlook The U.S. GFP grows at best record in past 4 years. Other data on housing growth and durable orders remain flat. American Nasdaq drops from recent record high af... (Read more)DAR WongMon, 30 Jul 2018 12:00 am
|Will ECB Rescue Euro or Drive it to New Lows?
We continue to operate in an environment where politics matters as much to the direction of currencies as economics. In the past week, the US dollar soared after Fed Chair Powell reassured inve... (Read more)Kathy LienMon, 23 Jul 2018 12:00 am
|Gold and Oil Markets Report – 23 July 2018
Gold prices have shown bargain-hunting below USD1220 /oz last week. The trend may be tight ranged in coming week from USD1220 - USD1250 /oz without high expectation. Generally, the yellow metal and... (Read more)DAR WongMon, 23 Jul 2018 12:00 am
|American Claims Decline to 48-Year Low
Fundamental Outlook The U.S. retail sale and industrial production rise above expectation. Jobless claims decline to 48 years low despite housing number miss forecast. U.K. wanes i... (Read more)DAR WongMon, 23 Jul 2018 12:00 am
|Will Dollar Power Last?
Everyone says that President Trump’s trade war is bad for the US economy but so far, the decline in US stocks is limited, yields are high, data is good and the dollar is strong. In ... (Read more)Kathy LienMon, 16 Jul 2018 12:00 am
|Are Currencies at the Cusp of a Turn?
The US dollar traded lower against all of the major currencies in the first few days of the third quarter. While it may be tempting to call this a peak, it is too early for all the bulls to ret... (Read more)Kathy LienMon, 09 Jul 2018 12:00 am
|Gold and Oil Markets Report – 9 July 2018
Gold prices recovered in mild sentiment last week. Strong job data on Friday might lift the market higher in coming week and offset trade worries. Technically, we foresee the trend is prone to reco... (Read more)DAR WongMon, 09 Jul 2018 12:00 am
|Stronger U.S. Payrolls Offset Trade Worries
Fundamental Outlook The U.S. manufacturing and services indexes improve in both sectors. Payrolls increase and lifts stock market. China maintains in growth track as reported by Ca... (Read more)DAR WongMon, 09 Jul 2018 12:00 am
|Will the Dollar Hit New Highs or Turn Lower in Q3?
The second quarter is officially over and the US dollar was singlehandedly the best performing currency. Between April and June, the greenback saw its value grow more than 5% against ster... (Read more)Kathy LienMon, 02 Jul 2018 12:00 am