Dive into daily market insights and trading opportunities in equity, forex, and commodity markets with our esteemed analyst Giles Coghlan. 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.
Jerome Powell is under pressure at the Jackson Hole Symposium this week. After the last Fed meeting the Fed was perceived to have taken a ‘dovish pivot’ and that allowed the Nasdaq to move gradually higher. However, if Jerome Powell…
At the last Jackson Hole Symposium Jerome Powell expected inflation to be transitory. He also told participants that he saw little evidence of wage increases at the time that might threaten excessive inflation. It is reasonable to expect Jerome Powell…
One of the nicknames for copper is ‘Dr Copper’ due to the ability of the asset to diagnose the health of the global economy. Copper is a key commodity used in expanding and growing economies, so copper demand tends to…
Generally speaking two sectors that do well in a US recession are health cares stock and consumer staples stocks. Although consumers disposable income may fall they will still make consumer staple purchases, but often in more discount focus stores like…
The run higher in gold has been fuelled by the fall in real yields and the USD. These falls came after the last Fed meeting which saw the Fed move to a ‘meeting by meeting basis’ as the Fed recognised…
When interest rates are rising financial stocks tend to gain. The higher interest rates charged can lead to higher margins on financial products which can boost the profitability of financial companies. One of the ways that we can use Seasonax…
The recent string of better than feared US economic data has allowed equity markets to price out some of the more severe recession fears. Last week the US ISM manufacturing print beat markets expectations at 52.8. The ISM services print…
Last Friday Canadian jobs printed below expectations with drops in the headline figure and the participation rate. However, the labour market is still fairly robust with the unemployment rate falling again to 4.9%. The US NFP print however showed a…
Costco is a consumer staples stock that would likely find buyers in a recessionary environment. So, with the US in a technical recession, is the discount retailer going to see additional revenue from consumers looking to cut costs in leaner…
The reasons for gold’s upside since the last FOMC meeting has been the falling USD and Real yields which provides a good lift for gold. As longs as investors continue to hold the view that the Fed will not need…
