Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Market Update Video from Alistair
In this video, Alistair Schultz, Chief Market Analyst, has a look at the drops on the ASX 200 and the US Market overnight dropped on virus surge, as well as a look at Victoria border…
The 2020 playbook so far
2020 has been a wild year for investors, with a multitude of events that have ranged from the biggest losses in stock market history to now, where we are seeing the best quarter in decades.…
New Lockdowns in China, Xi’s Speech, SoftBank &…
Alistair’s latest market update video - New lockdowns in China, President Xi's speaks at WHO, SoftBank's Vision fund & Moderna stock surge. In this video Alistair Schultz, Chief Market Analyst, takes a look at the…
GBP/USD: The Pair is Seeing a Highly Volatile…
[caption id="attachment_366229" align="alignnone" width="579"] GBP/USD Hourly (H1) Chart[/caption] GBP/USD: The pair is seeing a highly volatile price action driven by broad market risk sentiment. The pair tested 1.24 handle on positive risk sentiment earlier in…
Chart of the Week: Taiwan Manufacturing Business Surveys
Trade statistics for the month of April were horrific in all Asian countries. In the chart below, we have plotted Taiwan’s manufacturing business surveys released by the Taiwan National Development Council. Manufacturing PMI, new orders,…
Euro’s Loss is Dollar’s Gain; AUD Lifts, RBA…
Summary: The Euro slumped 0.61% to 1.0837 (1.0902) after Germany’s Constitutional Court ruled that the Bundesbank should stop buying government bonds if the ECB cannot prove that the purchases are needed. This propelled the Dollar…
California Dreamin’ of Lockdown End
[caption id="attachment_365984" align="alignleft" width="300"] California lockdown[/caption] California announcing it will start to ease its lockdown by Friday has been a catalyst for a turnaround. Investors have been waiting for the US to follow the same path…
US Stocks Recover, Airlines in Distress
Equity Markets US stocks staged a last-minute recovery after California, the state that has the largest economy and produced more than $3 trillion of economic output, reported the least number of virus-related deaths in weeks.…
