US Election 2016

The attention of the whole world will shift to the US next week as the country elects its 45th President. The markets remain in a jittery mode with the outcome of the polls likely to swing in either direction in a short trading week. US and…
Read More

A few minutes ago, the US published its last Jobs Report ahead of a critical election next week. The US Jobs Report came in with positive news for President Obama, the Democratic Party and most importantly, the Democratic presidential…
Read More

Gold prices lost close to 3% last month (October) after price failed to push higher above the $1350 handle. On a year to date basis, gold futures are still higher with 21.48% increase on a year to date basis. The recent gains since a week…
Read More

The currency markets will be looking to a slow start next week with Japan, US and Canada closed for business on Monday. However, the action kicked off early with the second US Presidential debate late Sunday (Eastern Standard Time). On the…
Read More

The US dollar index continues to remain trading flat within the range of 96.00 and 94.00 after the buck posted a strong reversal off the 97.00 - 97.50 handle in late July. With the Federal Reserve opting to keep rates unchanged at its…
Read More