weekly commodities

Gold The yellow metal collapsed lower this week due to the much stronger US Dollar which rose to an 11-month high this week. Despite broader concerns for the US economic outlook in the wake of continued trade tensions with China, investors instead chose to focus on the Hawkish shift in the Fed. The Fed meeting saw rates raised for the second ti...

2018-06-21 James Harte Read more
trade war

The global concern for a trade war continues to build as the rhetoric between the US and China has intensified over the last week. Chinese state media has criticised the moves by the White House, labelling the Trump administration “selfish”, “rude” and “mundane”. An editorial in the state owned Global Times said on Sunday “the unpredictabilit...

2018-06-19 James Harte Read more
forex analysis

Daily Forex Market Preview, 18/06/2018 The markets opened on Monday to the news over the weekend about the U.S. President Trump announcing fresh tariffs on China. The Trump administration imposed a 25% tariff on about $50 billion on goods imported from China in response to alleged theft on intellectual property rights. China retaliated by ...

2018-06-18 John Benjamin Read more

Daily Forex Market Preview, 22/05/2018 In today's The U.S. dollar continued to strengthen on Monday. The gains came as the markets opened to the weekend news reports about the U.S. Treasury Secretary announcing that the U.S. had put on hold its trade war against China. Both administrations are expected to chalk out a mutually beneficial deal wh...

2018-05-22 John Benjamin Read more
IMF World Economic Outlook Report

Summary: IMF maintains global GDP to advance 3.9% this year Trade tensions expected to derail global economic recovery S. GDP expected to advance 2.9% in 2018 Japan GDP expected to advance 1.2% in 2018 UK GDP expected to advance 1.6% in 2018 Eurozone GDP to advance 2.4% in 2018 The International Monetary Fund released its ...

2018-04-25 John Benjamin Read more
US Treasury Report adds India to watch list

The semi-annual currency report was released by the U.S. Department of Treasury last week. The report, published under the Trump administration refrained from naming any of the trading partners as currency manipulators but maintained pressure on China. The report criticized China for its "non-market direction" and warned of the global risks. ...

2018-04-19 John Benjamin Read more
Trump Trade War

One of the key topics that has been moving markets over recent weeks is the “Trump Trade War” between the US and China. Following Trump’s announcement around a month ago that he would be imposing trade tariffs of around $60bln, markets were rocked as China responded in kind by announcing its own 25% import tariffs on select US goods, totalling a...

2018-04-19 James Harte Read more
US China Trade War

Global risk sentiment remains on shaky ground this week as the US China trade war continues to intensify. Following the US President’s announcement of import tariffs and investment restrictions for China worth around $60 billion, Beijing responded this week by announcing its own 25% import tariffs on US goods worth around $50 billion, including ...

2018-04-13 James Harte Read more
Metals Rocked As US Trade Sanctions

Gold: Chinese Trade Retaliation Fuels Safe Haven Demand The yellow metal saw a strong rally initially on the week as the market saw a strong safe haven bid on the back of news that China was retaliating against trade import tariffs imposed by the US.  President Trump recently announced a move to impose $60 billion worth of tariffs on Chinese im...

2018-04-10 James Harte Read more