Japanese Inflation data won’t budge markets today. The Japanese inflation rate remains at a stubbornly low 0.5% and today’s August…
US Fed minutes point to no further rate cuts in September. As I expected, the US Federal Reserve Minutes gave…
Markets are yawning waiting for the Fed minutes. Currency markets continued to trade without any impulsive moves on Tuesday as…
Currency markets remain range-bound awaiting Fed Minutes and Jackson Hole conference. Monday was a great example of no high impacting…
Markets always overreact and Wednesday’s fall was no exception. Human being’s fear and greed is what drives financial markets and…
Wipeout! Dow Jones and S&P 500 suffered their biggest falls of the year. US stock indexes suffered their biggest one-day…
Yen sinks after the US gives trade concessions. The US administration sent the Yen screaming lower and stocks flying back…
US Bond Yields fall causing further market declines on Monday. Safe-haven currencies continued to benefit through Monday’s trading session as…
Déjà vu. Risk sentiment turns positive. But for how long? That was my opening headline in Friday’s GoldRock Insider Report…
Risk sentiment turns positive. But for how long? Thursday’s US trading session saw risk sentiment turn positive once again with…
Don’t be fooled. Nothing has changed. US stock indexes rallied on Tuesday on nothing more than a dead cat bounce…
US Markets sink on US / China trade war tensions as US Treasury declares China a currency manipulator. The US…
Markets are flat out nervous. The S&P 500 closed down 3.1% for the week and safe-haven currencies were dominating Thursday…
Trump rattles markets. Says he’s going to add 10% tariffs to $300 billion worth of Chinese imports into the USA.…
Stocks dive after Powell signals the Fed will be data-dependent. As expected, the US Fed dropped the official cash rate…
Trump attacks China with a flurry of Tweets. Donald Trump sent the Aussie and Kiwi Dollar’s to new lows on…
Markets trade sideways waiting for the data deluge to begin. Financial markets traded sideways on Monday waiting for the deluge…
Strong US growth figures help boost the US Dollar. The US Dollar continued to gain momentum on Friday following far…
ECB fails to drop rates or inject stimulus. But they will in the future. The European Central Bank announced on…
It’s all about the European Central Bank today. Financial markets are bracing themselves for what could be an aggressive stimulus…
Traders sell off the Euro in expectation of more stimulus. Financial markets continued to sell down the Euro before the…
A mixed Monday as traders await the ECB statement on Thursday. Financial markets as expected remained mixed on Monday with…
US markets falter on the last trading day of the week. Last week’s trading was all about the “pricing in”…
US Dollar falls after New York Fed President Williams encourages Fed to lower rates. New York Fed President John Williams…
Could this be the turning point? The safe havens rallied and US stock markets fell for a second day on…
Stronger than expected US Retail Sales help boost the US Dollar. The US Dollar was given an unexpected boost on…
Market’s cautious ahead of US company earnings season. US markets struggled to continue Friday’s strong rally only days before the…
The Yen continues to slide as traders see no fear in financial markets. The Japanese Yen has been a major…
Stocks surge to new highs and US Dollar falls after Fed Chairman statement. US Federal Reserve Chairman Jerome Powell spoke…
Stocks stage a late afternoon rally before Powell’s testimony on Wednesday. US stock indexes moved back higher late on Tuesday…
US Dollar rises and stocks soften ahead of Fed Chairman’s Wednesday testimony. Friday’s better than expected US jobs report has…
Official US jobs data beats market estimates. Friday’s official US jobs figures beat the markets estimates coming in at 224,000…
Now that’s better. Financial markets returned to their consistent correlations through the Wednesday US trading session with stock markets continuing…
Something doesn’t add up. Tuesday’s US trading session saw some price action that doesn’t make sense to me and therefore…
A gap up followed by a sharp pullback. Financial markets opened to the upside on Monday morning with emerging market…
Xi and Trump agree to halt any new tariffs. Saturday’s 80-minute G20 meeting between US President Trump and China President…
US GDP misses estimates as Trump arrives in Japan. Wednesday’s US GDP figures missed estimates with annualised GDP coming in…
More weak US data keeps the Greenback on the back foot. Wednesday’s US trading session saw the US Dollar remain…
Fed’s Bullard says two rate cuts would be overdoing it. Fed committee members Bullard told the press on Tuesday that…
Market’s little changed on Monday. With very little in the way of economic data on Monday, financial markets remained mixed…
Trump keeps markets on edge after threatening a strike on Iran. The Yen and Swiss Franc benefited on Friday from…
US Dollar demand continues to slide. In a sign that US Dollar demand is slowing further, the closely watched US…
A Trump Tweet and Super Mario comment sets markets moving. Tuesday’s US trading session was dominated by a Tweet from…
Traders will be mindful of the RBA monthly minutes due today. Traders will be mindful of what may be inside…
US Dollar rallies after stronger than expected Retail Sales. Friday saw the US Dollar rally strongly after May Retail Sales…
US markets rebound as Trump blames Iran for Oil tanker attacks. US markets rebounded on Thursday after three consecutive days…
US Inflation data meets estimates as traders continue to call for a Fed rate cut in July. US monthly inflation…
Trump agrees to suspend trade tariffs on Mexico but ramps up more pressure on China. The market expected it and…
It’s “risk on” everywhere as trader’s price in lower rates at the US Fed. US stock market’s continued to surge…
I was dead wrong. My expectation was that the ECB would release a downbeat and sombre policy statement on Thursday…
Is Australian already in a recession? The latest Aussie quarterly GDP (growth) figures were released on Wednesday and showed a…
Aussie Dollar higher post RBA rate cut. The Australian Dollar was rallying strongly along with the Kiwi Dollar Tuesday as…
Market expects RBA to cut rates today. The financial markets have all but priced in a rate cut when the…
US markets nosedive with consecutive losing days. The US stock market hasn’t fallen this quickly over a series of days…
US first-quarter GDP misses estimates at 0.5%. US financial markets remained stable on Thursday following weaker than expected first quarter…
US Bond Yields suggest the market is getting bearish. US bond yields continued to decline on Wednesday signalling that traders…
US markets get the jitters. US stock markets fell on Tuesday even after a far better than expected Consumer Confidence…
US markets pause for Memorial Day. Global financial markets are constantly looking to Wall Street for their lead and when…
US Federal Reserve Minutes confirm no rate hikes are on the cards any time soon. The minutes from the last…
US Government and Google back off on Huawei and the market likes it. Finally! Something else to talk about other…
Markets start the week on the back foot. With no high impacting economic news to gather trader’s attention focus returned…
Aussie Dollar slips below 0.69c. The official unemployment rate in Australia jumped to 5.2% from 5% when the official jobs…
Pound falls to new lows. Traders took to the Pound on Wednesday selling it off to new lows as Brexit…
US stock markets pull on a short squeeze. The S&P 500 rallied 0.8% on Tuesday putting a short squeeze on…
Safe haven currencies rally and stocks dive after China retaliates with trade tariffs of their own. It was no surprise…
Markets remain subdued as higher US trade tariffs kick in. US and China officials met in Washington DC on Thursday…
Financial markets await trade talk results. US stock markets once again closed in the red and financial markets continue to…
RBNZ cuts rates to 1.5% as expected sending the Kiwi Dollar lower. The Reserve Bank of New Zealand as expected…
US China trade talks get markets nervous once again. US financial markets fell sharply on Tuesday with the biggest one-day…
Trump spooks markets with tariff threats. Donald Trump’s Sunday Tweet sent financial markets into a spin when they opened on…
The Bank of England upgrades its UK economic outlook. Thursday saw the Bank of England keep its benchmark interest rate…
Financial Markets are wound up like a spring. Monday’s US Personal Consumption and Spending numbers weren’t enough to get markets…
US Dollar retreats after strong GDP. Why? The US Dollar retreated on Friday following better than expected first quarter GDP…
US stocks surge after the Easter break. US stock markets surged higher on Monday following more, better than expected, first…
Markets are still digesting Easter. Monday saw financial markets trade sideways as traders continued to enjoy the Easter break and…
China GDP beats market estimates sending the US Dollar back lower. China’s 1st quarter GDP for 2019 beat market expectations,…
New Zealand inflation data misses estimates sending the Kiwi Dollar back lower. A report surfaced not long after European markets…
RBA policy minutes in focus Tuesday. The Reserve Bank of Australia’s April minutes will be released at 11.30am AEST today…
Euro rallies as traders speculate about a major European company take over. The Euro rallied strongly on Friday on the…
US Dollar rises after stronger than expected US data. The US Dollar bounced back on Thursday following better than expected…
China and Aussie Inflation data will be closely watched today. The Aussie Dollar rallied strongly over the past 24 hours…
Traders are gearing up for the ECB statement today. Today sees the release of the latest European Central Bank statement…
US Dollar falls after another set of negative data numbers. The US Dollar was weaker on Monday following another set…
Fears of a US recession are receding after March jobs figures. After a month of very average economic data and…
Euro dips against US Dollar but rallies against others. Weaker than expected German Factory orders and the news Italy may…
Aussie Dollar lower after RBA leaves rates on hold. The RBA as expected kept the official cash rate on hold…
Here’s why it’s going to be a big day for the Aussie Dollar. Two important events will determine the short…
Pound continues to slide under the weight of Brexit. We are now less than two weeks away from the UK…
Pound falls as Brexit and now political uncertainty weighs. The Pound vs the US Dollar is threatening to break to…
Kiwi Dollar sinks after RBNZ says the next rate move is likely down. The New Zealand Dollar tanked immediately the…
Markets behave strangely sometimes. We need to keep in mind that financial markets are driven by the collective thoughts and…
Markets switch their attention back to China / US trade talks. The US President won a reprieve on Sunday from…
US stocks dive as US growth fears escalate. The US stock market fell sharply on Friday following weaker than expected…
S&P 500 rallies to new 2019 highs. Thanks to the stock Apple and the US Federal Reserve’s decision to leave…
