Catch up on the latest trends and updates in the financial and forex markets with our daily blog posts. We break down key movements, currency changes, and market shifts, giving you a clear picture of what's happening in real-time. Stay on top of the news and get the info you need to make smart financial decisions.
US Markets closed out the week strongly, as an agreement was said to have been reached between the warring parties, Iran and the USA. Oil prices crashed back to US$84.50/barrel, while equities surged and the US Dollar relented. The EUR headed back towards 1.1600, while the GBP regained 1.3400.
Read more →Equity markets surged back and bond yields relented, following the decision by POTUS to suspend scheduled attacks on Iran. Trump deferred any military actions, as the Iranian were scrambling to make concerted efforts, to settle peace.
Read more →Tensions rose again overnight, in the Middle East, following the Iranian downing of an American helicopter. Trump promised retaliation, for this and also because the peace negotiations were taking ‘far too long’. Oil prices and bond yields edged higher, while stocks went backwards.
Read more →The rebound in ‘Chip Company Shares’ was short-lived and most of the recovery gains were wiped out again overnight. Clearly there is a major problem in this sector, with overvaluations and circular investment, a major concern for investors.
Read more →Iran and Israel attacked each other over the weekend, in a tit-for-tat, over the continued invasion of Lebanon by Israeli forces. Trump ordered an immediate halt to the reignition of aggression, to preserve the tenuous existing ceasefire.
Read more →The crises in the Tech Sector (more exactly Chips), continued to a second day and extended to Asia and Europe. The wipeout in share prices also spread to the Crypto markets, with Bitcoin and others falling to 2024 lows.
Read more →The DOW surged to record highs, while oil prices fell back to US$92.50/barrel, as confidence returns to markets. Iran attacked Kuwait’s International Airport, and the US struck Iranian ‘defensive’ targets, although the US seems reluctant to return to a full-scale war.
Read more →Markets turned negative overnight, as tensions rose in the Middle East, while Trump threatened further tariff imposts of 12.5%, on more than 60 Countries. These Countries include NZ and Australia and is because they have not addressed commitments to eliminating ‘forced labour’.
Read more →Markets were steady overnight, largely ignoring the impasse in the Middle East and rising oil prices. Oil jumped to US$93.50/barrel overnight, reflecting the withdrawal of Iran from the negotiating process. There is talk of a ceasefire in Lebanon and this may be part of the reason for market calm.
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