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…
Dollar Pares Drop, Risk Sours, Trump to Hold…
Summary: Ongoing tensions between the US and China after an announcement late in the NY session that President Trump would hold a news conference today pertaining to latest developments surrounding Hong Kong and America’s relationship…
The Daily Fix
Trader thoughts - trading US-China tensions through HK50 and USDCNH Market participants adopt their geo-political hats again this week, with the focus still on global re-openings and the new cases count, but more so on US-China relations…
Wall Street to Open Flat on China-U.S. Tensions
China’s move to enforce new security [caption id="attachment_365925" align="alignleft" width="300"] US-China trade tensions[/caption] Summary: The European equity market today saw the dovish activity as risk sentiment was hammered by escalating China-U.S. tensions, which in turn…
Hong Kong, Trump not Closing, Amazon, UK Retail…
A controversial new security law in Hong Kong and no China GDP forecast are refueling the concerns over US-China relations. Hostilities between the two biggest global economies have unearthed some caution in the second half…
Sell in May & Go Away?
[caption id="attachment_363361" align="alignleft" width="300"] Recession Fears Weigh on Stocks[/caption] Naturally, shares are down for a second day - and it’s May - so of course, the question is ‘Sell in May and go away?’ There’s a…
Chart of the Week: USDCNH
Market tensions are increasing this morning following Trump’s threat to use tariffs to “punish” China for the way it handled the coronavirus outbreak. Over the past two days, the blame game between Washington and Beijing…
