Moody’s Downgrades China, Time to Buy

Moody’s Downgrades China, Time to Buy






Moody’s Downgrades China, Time to Buy Yes Moody’s. the firm that kept Enron’s investment-grade rating and did the same for Lehman Brothers has issued a very questionable downgrade of China. The justification for the downgrade is excessively pessimistic and not in line with the ratings they have on other countries. If they were to apply […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The US Dollar (.DXY) Index at 96.78 is on course towards 96 with no sign of strength yet. Bullion strengthened against USD Monday. PE Gold at 1262, and Silver at 17.16 are trading above their Key supports at 1247 and 16.93 and trading […]






Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Monday as weather remained as the Key factor during the trading session. The most active Corn contract for July delivery rose 2.5 cents, or 0.57%, to 3.75 bu. July Wheat delivery went down 1 cents, or 0.23%, […]






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High

The Bitcoin Bonanza, the Cryptocurrency Marks a Record High






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High $GLD, $BTCUSD $100’s worth of Bitcoins 7 years ago are now valued at nearly $80-M Bitcoin has more than 2X’d this year compared against the USD, reaching a record high of $2,190.45/each Monday, the 7-year anni of Bitcoin Pizza Day. The Day commemorates the time a […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1251, and if 1249 holds on a closing basis then sideways consolidation within 1249-1280 continues though it is not the proffered scenario. Keep a close watch on The US Dollar (.DXY) Index’s price currently at 97.22, that […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The USD remains weak with more Southside left and the majors may rally further in here. PE US Dollar (.DXY) Index at 97.17 resumed its downtrend after brief pause and tested 97.00 Friday. My targets of 96.50-96.00 may be seen this week with the trend […]






Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower






Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed on week ended Friday, but they are expected to trade higher this week as cold and wet weather continues to affect crop planting. July Corn ended marginally higher, bound by very cheap South American top offers on […]






Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst

Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst






Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 1.40. The projected lower bound is: 1.38. The projected closing price is: 1.39. Candlesticks A white body occurred (because prices closed higher […]






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade

Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade S&P Global Ratings raised Indonesia’s sovereign rating to an investment grade. The rating was revised to BBB- from BB+ with a stable outlook. After the revision, Indonesia has now acquired an investment grade rating from all the three major rating agencies. The […]






Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)

Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)






Britain Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD) Bullish on GBP once Brexit starts? GBP/CAD, GBP/NZD have been trading higher. Bearish on GBP once Brexit starts? EUR/GBP, GBP/CHF, GBP/JPY are your go-to options. Britain will walk out of Brexit talks unless Brussels drops its demand to charge €100bn (£86bn) […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This is bearish, […]






Mining Relationships Drive Metalla’s (OTCMKT:EXCFF) Growth & Pipeline

Mining Relationships Drive Metalla’s (OTCMKT:EXCFF) Growth & Pipeline






Mining Relationships Drive Metalla’s (OTCMKT:EXCFF) Growth & Pipeline $EXCFF Below is an interview of my friend Brett Heath, President and Director of Metalla Royalty and Streaming Ltd. Earlier this month Metalla Royalty & Streaming Ltd.(CSE:MTA) (OTCQB:EXCFF) (FRANKFURT:X9CP) signed a definitive agreement with Matamec Exploration Inc. to acquire net smelter return “NSR” royalties on mining properties located […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves Credit Suisse has cut its forecast for the Chinese yuan as Beijing sharpens its focus on currency stability. The bank cut its 3-month forecasts for the yuan against the U.S. dollar (USDCNY) to 6.88 compared to its previous forecast of 6.98, and […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: Added to the misperceived notion of uncertainty in US politics, the latest Brazilian corruption scandal is real with the possibility of an impeachment of the President has spooked the markets, but better than expected jobless claims and regional manufacturing data in the US have helped […]






Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower






Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished lower Thursday with Soybean posting the biggest single-day loss since last August. The most active Corn contract for July delivery fell 5.5 cents, or 1.48%, to 3.66 bu. July Wheat delivery was down 1.25 cents, or 0.29%, to […]






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Japanese Yen Climbs as Global Markets are In Risk-Off Mode

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Japanese Yen Climbs as Global Markets are In Risk-Off Mode






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) The Japanese yen is climbing. The currency was up by 0.7% at 112.37 per dollar as of 7:56 a.m. ET. Global markets are in risk-off mode, with the yen, gold, and US Treasury’s rallying. Betting on yen appreciation is popular during periods of heightened uncertainty. Treasury’s, considered […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Keep eyes on The US Dollar (.DXY) Index for clues on precious metals directions. PE Gold at 1259 is trading at its Wednesday’s highs in Asia with 1st support at 1249. If 1249 holds on a closing basis then see  sideways consolidation […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update Open 4.3150 High 4.3210 Low 4.3100 Close 4.3210 Change 0.0010 (0.02%) Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 4.38. The projected upper bound is: […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls China’s yuan firmed against the U.S. dollar on Wednesday after the central bank fixed its daily midpoint at the strongest level in three months, but the renminbi slid to new lows against currencies in a trade-weighted basket. official midpoint CNY=PBOC at 6.8635 per dollar prior to […]






Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain

Euro (€) ⇨ US Dollar ($) (EURUSD)  BREXIT TALKS – Donald Tusk Defending Britain






Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain Highlights EUR/USD has charged to a six-month high, but its drive higher doesn’t seem to carry clear fundamental lines Risk trends continue to inch higher with limited conviction and problem for those looking to play a trend Top event risk will […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold has shown some strength due to the recent weakness in The Dollar (.DXY) Index. PE Gold at 1242 up from 1231 and could drive towards 1250-60 in here. Silver at 16.87 bounced from support near 16.10 and could hang in above 16.90 near […]






Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher






Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished higher Tuesday with Soybean posting a two-digit increase in response to strong demand from abroad. The most active Corn contract for July delivery finished unch at 3.6775 bu. July Wheat delivery was up 1 cents, or 0.24%, to […]






Investors “Pause to Refresh’ Major Indexes Drift at All-time Highs

Investors “Pause to Refresh’ Major Indexes Drift at All-time Highs






Investors “Pause to Refresh’ Major Indexes Drift at All-time Highs $DIA, $SPY, $QQQ, $VXX The S&P 500 was down slightly Tuesday after mixed economic data and earnings while the NAS Comp hit another record as it was boosted by gains in technology stocks. US manufacturing production showed its biggest increase in more than 3 years […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News     Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A black body occurred (because prices closed […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently China’s yuan edged up against the U.S. dollar on Tuesday after the central bank set guidance at its strongest in three weeks, but traders said corporate demand for the greenback could pressure the Chinese currency in the […]






Gold, Copper and Crude Oil Looking to Test Resistances

Gold, Copper and Crude Oil Looking to Test Resistances






Gold, Copper and Crude Oil Looking to Test Resistances $GLD, $CU, $USO, $OIL Commentary: Recent weakness in The US Dollar (.DXY) Index had boosted Gold price near Key resistance areas. PE Gold at 1234 is trading above its support at 1230. I remain Bearish Gold while it is trading below 1260, but chances of a […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The combination of weaker than expected US macro data and the possibility of political stability returning in Europe keeps the G-10 majors strong Vs USD. PE. EUR (Euro) at 1.0985 is close to resistance of 1.10 again on the back of a surprise win […]






Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Monday as soybeans rebounded as a result of strong demand both at home and abroad. The most active Corn contract for July delivery fell 3.25 cents, or 0.88%, to settle at 3.6775 bu. July Wheat delivery was […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A big black candle occurred. This is bearish, […]






Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk

Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk






Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk Wolfgang Münchau, thinks the EU miscalculated the mood of the British people when it offered David Cameron a rum deal before the Brexit campaign began in earnest and it should learn from that error and be sure not to repeat […]






Gold, Copper and Crude Oil Looking to Test Resistances

Gold, Copper and Crude Oil Looking to Test Resistances






Gold, Copper and Crude Oil Looking to Test Resistances $GLD, $CU, $USO, $OIL Last week saw Gold at 1229, as it traded within the 1220-31 range. If the rise continues may see a test at 1255-65 this week. A failure to break above 1265 may keep the price ranged within the 1220-1265. A close below […]






Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week






Chicago Agriculture Commodities Finished Mixed on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed on the week ended 12 May, with Soybean and Wheat futures trading lower while Corn futures a bit higher. Corn futures are ranged and the United States Department of Agriculture’s (USDA) highly anticipated May […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low The Singapore dollar traded on Wednesday (May 3) at S$1 to 3.0933 Malaysian ringgit — the lowest the exchange rate has been since the start of the year. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Fluctuating

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Fluctuating






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Fluctuating The Thai baht is likely to fluctuate between 34.45 and 34.75 baht per US dollar this week while domestic investment trend will be influenced by the U.S. nonfarm payroll data and the results of the second round of the French presidential election. Overall, the bias in […]






Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact

Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact






Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact Emmanuel Macron will take power as French president on Sunday and immediately face the twin challenges of European Union reform and loosening strict labour laws in France. It is traditional for French leaders to make Berlin their first European trip. The pro-European centrist Macron wants […]






British Pound (£) ⇨ US Dollar ($) (GBPUSD) The Never Ending Brexit

British Pound (£) ⇨ US Dollar ($) (GBPUSD) The Never Ending Brexit






British Pound (£) ⇨ US Dollar ($) (GBPUSD) The Never Ending Brexit Theresa May needs stronger mandate in EU to make Brexit a SUCCESS. The Chancellor, who is attending a G7 meeting in Bari, Italy, this weekend, said good progress to secure the UK’s position had been made but there is more work to do.  […]






SPDR Gold Trust (ETF) (NYSEARCA:GLD)

SPDR Gold Trust (ETF) (NYSEARCA:GLD)






SPDR Gold Trust (ETF) (NYSEARCA:GLD) Highlights Investment advisers have suggested that investors keep gold in their portfolios to cushion the impact of global economic and social volatility. Gold for June GCM7, +0.29%  rose by $3.50, or 0.3%, to settle at $1,227.70 an ounce. It finished the week less than 0.1% higher after posting losses over […]






Gold, Copper and Crude Oil Up on OPEC Talk

Gold, Copper and Crude Oil Up on OPEC Talk






Gold, Copper and Crude Oil Up on OPEC Talk $GLD, $CU, $USO, $OIL Gold getting up off the floor, following Copper North, as OPEC rhetoric keeps the Crude Oil Bounce Up Crude Oil Crude oil continued to rally overnight, after being hammered last week. I see it a case of hope and not a turn […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The US CPI & Retail Sales data may affect the USD today. PE The Dollar (.DXY) Index at 99.57 registered a high at 99.89 before a minor correction, but the Bullish momentum is intact above 99.35-25. USD/JPY at 113.67 is seeing a correction from […]






Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Thursday with Soybean futures hitting 1.5-wk low, pressured by follow-through weakness after Wednesday’s poor technical close and some farmer selling. Corn futures sagged as forecasts called for improving weather in the US Midwest, where wet conditions have stalled […]






British Pound (£) ⇨ Euro (€) (GBPEUR) The Ulitmate Brexit Trade

British Pound (£) ⇨ Euro (€) (GBPEUR) The Ulitmate Brexit Trade






British Pound (£) ⇨ Euro (€) (GBPEUR) The Ulitmate Brexit Trade  Highlights: Euro sees off Macron victory with a gallic shrug Euro drops after rising to six-month high Long GBP Short EUR Labour will make Britain a force for good Britain’s BT sets out ambition for ultrafast broadband Overall, the bias in prices is: Sideways. […]






Bitcoin (BTC) More Valuable Than Gold?

Bitcoin (BTC) More Valuable Than Gold?






Bitcoin (BTC) All Time High Highlights: Two days after breaching $1,700, Bitcoin continued its surge, trading through $1,800 Coinify Deal Adds 3000 Merchants to Bitcoin Network Chinese Bitcoin Exchanges May Resume BTC Withdrawals Bitcoin Gets a Tax Cut in Australia’s 2017 Budget Japanese E-Giant Will Launch GMO-Z Bitcoin Exchange In Two Weeks. 1000 Ghs = […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: USD strength prevails with the weakness in majors expected to continue for a while. PE The US Dollar (.DXY) Index at 99.60 is advancing towards our target at 100.00-50 with support coming up at 99.35-25. USD’s strength keeps JPY at 114.16 weak as USD/JPY enjoys […]






Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Wednesday with Corn futures rising nearly 2% after the US Department of Agriculture (USDA)’s forecast for global inventories fell below trade expectations. Soybean futures hit a 6-week high after the USDA’s reports were released, buoyed by the […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: USD gathered strength and a pause after the 3-Day rally, it may rise further which implies weakness for the majors peers. PE US Dollar (.DXY) Index at 99.43 broke above the resistance, signaling a near term Bullish reversal which may take it to 100.00-50 after […]






Chicago Agriculture Commodities Finished Higher on the Week

Chicago Agriculture Commodities Finished Higher on the Week






Chicago Agriculture Commodities Finished Higher on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) grains futures finished mixed Tuesday with Soybean futures climbing about 1%, as traders adjusted positions a day ahead of a US government crop report. Corn futures were modestly higher while Wheat fell, pressured by a stronger USD and better-than-expected […]






Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs

Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs






Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs The price of the volatile digital currency rose above $1,700 Tuesday morning, according to a price index by industry website Coindesk, with analysts contemplating what risks or Back Swans could scuttle its recent price run. “Over 1 year, the market capitalization for Bitcoin has increased […]






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD)

Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD)






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Highlights Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.75. The projected upper bound is: 0.75. The projected lower bound is: 0.72. The projected closing price is: 0.73. […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis Highlights *Malaysia Inflation Rate Highest In Over 8 Years *Inflation set to accelerate and average 3%-4% on oil prices *Gross domestic product is forecast to expand 4.3 percent to 4.8 percent this year Overall, the bias in prices is: Sideways. Short term: […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy Highlights *Internationalization of Chinese yuan to boost Kenya’s economy *Beijing is now one of Kenya’s top trading partners and this has raised the significance of the renminbi (RMB) *The number of banks that can provide Chinese yuan over the counter is increasing *Chinese yuan weakens […]






British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound

British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound






British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound Emmanuel Macron told the UK to expect “tough” Brexit negotiations after being elected last night as France’s youngest leader since Napoleon and vowed to heal divisions in Europe. His landslide victory has been hailed by EU leaders such as Jean-Claude Juncker and […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall globally stocks are mixed. China looks negative, Europe and US looks potentially Bullish. Japanese and Indian stocks could remain ranged near term. PE DJIA at 21012.28, +0.03% is stable, trying to move North towards 21050-21100 in the next […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: No new triggers in the market and the major pairs may settle in moderate ranges near term. USD/JPY broke out of a 5-month long channel after worse than expected earnings in Japan. Labor cash earnings for 17 March came at -0.4% Vs an expectation of a […]






Chicago Agriculture Commodities Finished Higher on the Week

Chicago Agriculture Commodities Finished Higher on the Week






Chicago Agriculture Commodities Finished Higher on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grain futures finished lower Monday on prospects for improving crop weather in the Midwest and Plains. The most active Corn contract for July delivery fell 4.75 cents, or 1.28%, to settle at 3.66 bu. July Wheat delivery dropped 8.75 […]






Why Gold Is Set For An Epic Rally This Spring

Why Gold Is Set For An Epic Rally This Spring






Why Gold Is Set For An Epic Rally This Spring One little-known junior explorer is grabbing attention for doing something that is virtually impossible: Landing a highly prospective and massive exploration concession that is almost always the purview of the major miners. And the timing couldn’t be better. Panic over nuclear North Korea, a sudden […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Emmanuel Macron wins the final round of the French elections to become the youngest President, winning by a fair margin of 66% to 34% against Marine Le Pen, as per the results released Sunday night.PE DAX at 12716.89, +0.55% make […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The better than expected US NFPs data and the defeat of the far-right candidate Marine Le Pen against the Centrist Emmanuel Macron in the French Presidential election seem to have cancelled each other out as the major pairs remain in the same place with no […]






Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher






Chicago Agriculture Commodities Finished Higher on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grain futures finished higher in the week ended 5 May, as cold and wet weather in Midwest and Western Plains continues to affect planting and growth of the crops. Despite uncertainty over US Wheat supplies in Y 2017, and […]






SPDR S&P 500 ETF Trust (NYSEARCA:SPY) HEFFX Outlook

SPDR S&P 500 ETF Trust (NYSEARCA:SPY) HEFFX Outlook






SPDR S&P 500 ETF Trust (NYSEARCA:SPY) HEFFX Outlook Highlights *China’s April imports rose 11.9 percent, cooling from March’s 20.3 percent rise *Exports rose 8.0 percent from a year earlier, slowing from a 16.4 percent rise in the previous month and short of expectations of 10.4 percent. *China Market seems to have stabilized. *Trumps tax reforms […]






DCCC launches ‘ActiveRisk’ Risk Management System

DCCC launches ‘ActiveRisk’ Risk Management System






DCCC launches ‘ActiveRisk’ Risk Management System The Dubai Commodities Clearing Corporation (DCCC), the leading Central Counter Party (CCP) in the region and a wholly owned subsidiary of the Dubai Gold & Commodities Exchange (DGCX), has announced the launch of a state-of-the-art Risk Management System (RMS) called ActiveRisk. ActiveRisk, developed by Chella Software (CSPL), has been […]






China and Japan Improve Ties

China and Japan Improve Ties






China and Japan Improve Ties The finance ministers of China and Japan exchanged views on deepening cooperation at the Sixth China-Japan Finance Dialogue this weekend. Xiao Jie, the minister of finance, and Taro Aso, Japan’s deputy prime minister and minister of finance, cochaired the dialogue on May 6, with senior officials from finance ministries and […]






FX Trading Week Ahead

FX Trading Week Ahead






FX Trading Week Ahead Global Overview Macron wins the French election but Euro fades. Tensions remain high in North Korea. Dollar mixed despite strong Non-Farm Payrolls report on Friday. EU making a lot of BREXIT Noise. China’s Trade Surplus Beats Forecasts. Crude oil prices still look vulnerable after snapping a 5-day losing streak. Another big […]






Asian Trading Update: Rally Extends

Asian Trading Update: Rally Extends






Asian Trading Update: Rally Extends Markets had been given a positive lead from New York, where all three main indexes ended with healthy gains, with the Nasdaq posting yet another record, following a better-than-expected jobs reading. The economy added an estimated 211,000 net new positions in April wle the unemployment rate fell to 4.4 percent, […]






China: Economy on Solid Ground

China: Economy on Solid Ground






China: Economy on Solid Ground China’s recent economic moderation is a natural consequence of its economic restructuring, and the country’s solid growth momentum remains uninterrupted in the longer term, Asian Development Bank Chief Economist Yasuyuki Sawada said on May 7. China is doing the right things to maintain financial stability and control cross-border capital flows, […]






EUR Rallies on Macron Presidential Victory

EUR Rallies on Macron Presidential Victory






EUR Rallies on Macron Presidential Victory $EURUSD EUR rallied to $1.1023 from $1.0998 in early Asia-Pacific Forex trading Monday after pro-European centrist Emmanuel Macron, 39 anni, won the French Presidency, scoring a victory over far-right rival Marine Le Pen. The single currency reached its highest mark since November on Mr. Macron’s win, but the gains […]






Euro (€) Trading & The Election

Euro (€) Trading & The Election






Euro (€) Trading & The Election Voting is under way in the final round of France’s presidential race after a massive online dump of front runner Emmanuel Macron’s campaign data delivered a final dramatic twist to the country’s most bruising, divisive and significant election in decades. The Brexit spotlight swung last week away from the […]






Australian Dollar (A$) To Struggle as Commodities Falter

Australian Dollar (A$) To Struggle as Commodities Falter






Australian Dollar (A$) To Struggle as Commodities Falter The Australian economy is not doing badly But the Aussie Dollar is unable to reap much benefit Interest-rate differentials and weaker commodity prices are weighing it down Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, […]






Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price

Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price






Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price Global funds have poured US$485 million (RM2.1 billion) into Malaysian stocks and US$198 million into the Philippines since the end of March as the countries’ currencies strengthened 2% and 0.5%, respectively. That’s a dramatic turnaround considering both declined more than 4% in 2016 and hit decade […]






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish

Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish Recently, the Indonesian government altered regulations to allow more foreign investment in the sector. Indonesia’s investment service agency only recently allowed 100-percent foreign ownership for investments above 100 billion Indonesian rupiah ($7.53 million) for the establishment of an e-commerce company in the country. The rupiah was […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.92. The projected lower bound is: 34.39. The projected closing price is: 34.66. Candlesticks A white body occurred (because prices closed higher than they […]






Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)






Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD) China’s yuan was steady against the US dollar on Friday, with sentiment improving on firmer signals from the authorities and as investors trimmed bearish bets on the Chinese currency. The People’s Bank of China set the midpoint rate at 6.8884 per US dollar prior to market […]






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement Even though the Dollar is deemed to depreciate in the long run, it may remain strong for the time being. Meanwhile, the Bank of Japan does not seem to have any intention to change its negative rate policy. Combining the above with technical reasons, […]






British Pound (£) ⇨ US Dollar ($) Trading Brexit

British Pound (£) ⇨ US Dollar ($) Trading Brexit






British Pound (£) ⇨ US Dollar ($) Trading Brexit Brexit seems to be improving the UK economy and the outlook for the gbp. despite various EU threats and tantrums Brexit has proven to be a winner. Overall, the bias in prices is:___Upwards. Short term:______________ Prices are moving. Intermediate term:_________Prices are trending. By the way, prices […]






Emmanuel Macron the Oedipus of World Politics

Emmanuel Macron the Oedipus of World Politics






Emmanuel Macron the Oedipus of World Politics The story of Oedipus is the subject of Sophocles’ tragedy Oedipus Rex, which was followed by Oedipus at Colonus and then Antigone. Together, these plays make up Sophocles’ three Theban plays. Oedipus represents two enduring themes of Greek myth and drama: the flawed nature of humanity and an […]






Crude Oil Markets Getting Hammered. WTI Target $29 bbl

Crude Oil Markets Getting Hammered. WTI Target $29 bbl






Crude Oil Markets Getting Hammered. WTI Target $29 bbl $USO, $OIL There is a Big Bet that prices are about to sink to their lowest marks in more than a year. About $7-M worth of options changed hands Friday that will pay off if WTI Crude Oil (NYSEArca:USO) falls beneath $39 bbl by mid-July, according to […]






BREXIT – Latest News

BREXIT – Latest News






BREXIT – Latest News Highlights The chief executive of Goldman Sachs has warned that London’s financial centre will “stall” due to the turmoil of the Brexit process. EU will be a smaller continent, economies will shrink accordingly, and Europe will face a demographic crisis. EU leaders have suggested that the Brexit bill would simply be […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new. PE DJIA at 20951.47, -0.03% finished lower and lack of any directional momentum now keep the price stable. While trading below 21000, we could expect a test of 20800-20600 before starting to rise again. DAX at 12647.78, […]






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