Trade War

While the main market focus over recent months has been on trade wars, fears have been building this week over potential currency wars following comments by President Trump. Speaking with CNBC, the President commented that he feels the Fed is undermining his efforts to strengthen the US economy by raising interest rates. When asked whether he wa...

2018-07-20 James Harte Read more

Has Trump finally gone too far? During a Presidency which has become characterised by controversy and spectacle it appears that Donald Trump might finally have gone too far. Trump’s opinion poll ratings have been rising over recent months given his high-profile trade dispute with China which the President has labelled a noble crusade in defence...

2018-07-18 James Harte Read more
markets vulnerable

In this episode, Richard is following up on the previously posted “Bullish Patterns on Gold – EUR Stronger – Investors looking at YEN” article, and continuing the views he share during the “The World Cup NFP! – LIVE” webinar. Richard is also backing his volatility spike theory, previously posted with the “Trade War Sentiment – Volatility Spik...

2018-07-17 Richard Tataru Read more
forex commodities

Gold After suffering consecutive weeks of declines over the last month, the yellow metal was able to rebound higher this week as safe haven inflows saw steady demand. With the market bracing for the implementation of bilateral US/ Chinese tariffs on Friday which is set to affect billions of dollar’s worth of each country’s goods, there has been...

2018-07-05 James Harte Read more

This month, the RBA extended its longest ever streak of keeping rates unchanged, a move which was widely expected by the market. Last time around, the RBA confirmed that policymakers now all agree that the next move in rates will be higher but that timing was highly uncertain as there are still key risks remaining in the economy such as low wage...

2018-07-04 James Harte Read more
precious metals

Gold The yellow metal was down heavily this week as the US Dollar continues to extend its recent bull run, as the market continues to trade off US rate hike expectations. Following the Fed’s second rate hike this year and the upward revision to its rates forecast, which now projects two further hikes this year from one previously, the market ha...

2018-06-28 James Harte Read more

While recent market focus has been centred around the growing trade wars between the US and China and the US and Europe, there are other key events taking place which require consideration. The leaders of the European Union will meet later this week with the European Council meeting on Thursday and the EU summit on Friday to discuss financial re...

2018-06-27 James Harte Read more
china feeds

China Cuts RRR A Further 0.50% As the trade war between the US and China heats up it seems that neither side is showing any sign of backing away from the conflict. Instead, China has made moves to shore up its economy in order to continue its battle with the US as the PBoC has once again cut the requirement reserve ration by 0.50%. This move ha...

2018-06-26 James Harte Read more
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