Market News

WTI has found resistance at the 100-day MA as Chinese Holidays, inventory buildup and economic concerns weigh on prices....

The Australian dollar benefitted from higher-than-expected inflation data which turns the focus to the RBA early next month. Aus inflation data diverges from the US...

The gold price is pressing overnight highs as the US Dollar struggled to get a grip and CPI data revealed growing price pressures down under. How high can gold go?...

From a trader’s perspective, what should be interpreted from a market that earns a technical break but then fails to generate the follow through that such a move would suggest? The S&P 500 has definitively cleared 4,000 but there was no follow through this past session. Can MSFT earnings or th...

The Australian Dollar leapt higher immediately after headline CPI printed at 7.8% year-on-year to the end of December and might ask some questions of the RBA. Will AUD/USD rally?...

Microsoft, the United States’ second largest company by market cap reported a mixed set of earnings after the close. Nevertheless, MSFT shares traded as much as 5 percent higher after the close, closing in on the closely observed 200-day moving average. Could this provide the charge needed to over...

The US Dollar continues to hold very near eight-month-lows and Friday brings a key inflation print to markets with the release of Core PCE....

The U.S. dollar found some bullish support post-PMI data which maintained its contractionary outcome but at a slower rate than previous prints....

Silver prices have recovered a large portion of yesterday’s losses after testing psychological support at $23.00. With USD weakness driving gains, economic data could boost gains....

The precious metal is testing a new multi-month high and with little in the way of resistance on the charts, gold may soon challenge $2,000/oz....