Gold prices to rise into US CPI?
Gold prices are in a major focus right now ahead of the US CPI print due to be released on Wednesday at 1:30 UK time. Gold is extremely sensitive to US interest rate expectations and dollar moves. This has meant…
Giles Coghlan
As a professional market analyst and commentator, Giles' goal is simple: to explain the current reason markets are moving the way they are so you that can make better trading decisions right now. His cutting-edge analysis has been featured in Reuters, Business Insider, WSJ, Financial Times Adviser, NBC, LBC Radio, CoinTelegraph, Guardian Observer, National Express, and numerous other prestigious financial outlets.
Is this Tesla’s time for falls?
Tesla stock has recently found decent support around the 220 and 230 region. This is in line with the 100 and 200 exponential moving average on the daily chart. However, there is a week seasonal period ahead for Tesla that…
Will Saudi’s production cuts buck oil’s weak seasonals?
Crude oil moved higher on Tuesday this week after Saudi Arabia and Russia both opted to extend their voluntary production cuts. Saudi extended its 1 million barrels per day cut for three months to include October until year end, which…
Does the AUDNZD have a sell bias post the RBA meeting?
The Reserve Bank of Australia have moved into a wait-and-see mode before deciding on whether they need to hike interest rates further. At the latest central bank meeting they kept rates unchanged at 4.10% indicating that the July monthly CPI…
Is a time of GBPJPY weakness ahead?
There is a very interesting seasonal pattern approaching in the GBPJPY pair. Recent gains in the pound are starting to look stretched. The Bank of England has been hiking interest rates to deal with rising inflation and that’s resulted in…
Can a US jobs miss lift the S&P500 into the weekend?
The Federal Reserve is focusing very intently on the US labour market for signs that their rate hiking cycle is starting to cool demand. The way the market has been translation US economic data over the last few weeks is…
Bitcoin’s Buy Bias On The Turn of the Month Effect
Bitcoin prices rose over 6% on Tuesday and held gains early on Wednesday on hopes that there’s going to be fresh demand for bitcoin in the coming weeks. The trigger for bitcoin’s surge was the fact that the US court…
Gold’s turn of the month buy bias
The case for buying gold has been increasing over the last couple of weeks due to increased expectations that the Federal reserve will need to stop hiking interest rates as US economic activity show signs of slowing down.
Is now the time for GBPJPY sellers?
Recent UK data has shown signs of a sharp slowdown. On August 18 UK retail sales came in below market’s minimum expectations and so did the UK PMI reading on August 23. With GBP longs showing an extreme long position…
Dollar Tree’s seasonal pattern ahead of earnings on Thursday
Dollar Tree will announce its earnings before the open on Thursday which makes it a good time to look at the seasonal pattern for the stock. Dollar Tree is a discount variety store in the US with a large chain…