The week ahead

We have a full week of  announcement in the week ahead. How is the pandemic affecting the markets? Which economy is on the rise? German Retail Sales will be first cab of the ranks today followed by US ISM manufacturing PMI, RBA Interest Rate Decision and Europe GDP tomorrow. Lets take a look at what […]

Trump who? We have a Vaccine!

A Biden Victory has the markets cheering. It seems it’s not only the majority of American’s but the markets the world over that are relieved to see Trump go. In addition Pfizer and BioNTech have reported positive results from 43,500 phase 3 trial tests. No safety issues have been reported thus far and the markets […]

AUD/USD struggles ahead of RBA interest rate decision

The expectation for this rate decision is that the RBA will cut rates to a record low at 0.10%. This is weighing heavily on the Aussie as we see it fall closer to 0.7 a major support level for the pair. Although it did breach the this support, falling to 0.6996 it was only for […]

Markets today

Markets are flashing green today with currencies and gold rallying against the dollar. Bitcoin crack $12,000 and WTI is in recovery. It seems that hopes of a US stimulus package has injected some life back into the buyers. Lets take a look at the day so far. In today’s Asia session, we have seen the […]