commodities

The last week has had quite a bit of drama on the geopolitical arena. On top of that, there has been some growing concern about the macro trends. For one, there were reports that analysts were starting to fret that European equities have…
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One of the major events for the week that investors were waiting on was the multi-day Standing Committee meeting of China's National People's Congress (NPC). That concluded just a couple of hours ago, and markets are not giving much of a…
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It seems that markets are diverging in interpreting the impact of China's stimulus, which has led to fluctuations in commodity prices since the weekend. The added uncertainty, however, has impacted currencies, as the dollar has been gaining…
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There is a lot of anticipation ahead of China's May PMI readings, particularly given its effect on commodity currencies. After the blowout first quarter GDP results, markets are now at least hoping China's economy will continue its rebound.…
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After the markets get shaken around by major economic events such as the four largest central banks holding meetings, there is one final major risk event before the weekend. The flash PMIs generally don't affect one currency in particular…
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USDJPY consolidates gains The Japanese yen struggled as the GDP reading showed a deceleration in the second quarter. A previous retracement has found support over the 20-day SMA (144.60). Then a close above the recent high of 147.30…
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