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.
Markets roared with confidence, following the US actions in Venezuela, toppling the leader. This opens the huge resources of the Country to the West and more particularly controlled production and distribution, through the USA.
Read more →The first trading day for the year was very quiet, as expected, with some markets closed for the holiday season. PMI data was in line with expectations in Asia, Europe and the USA.
Read more →Thin and quiet trading on markets in this holiday week between Christmas and the New Year, as expected. The only action continues to be in the commodities market and in particular, precious metals.
Read more →Equity markets lost some lustre overnight, with profit taking on Wall Street, while all the action was in the precious metal markets. Silver spiked to over USD$80, dragging other precious metals along for the ride, but suffered a severe correction during the day’s trade.
Read more →Markets closed out for Christmas, with equity markets trading around record highs, as does Gold and Silver. New Zealand markets were closed for Boxing Day, although international holiday trade, was thin.
Read more →The gains on share markets continue over the Christmas period, leading to hopes of another ‘Santa Claus Rally’. US Q3 GDP was much stronger than expected, surging to 4.3% growth, half a percent higher than Q2.
Read more →US equity markets jumped into Xmas week, perhaps indicating a strong end to the year and a ‘Santa Claus rally’. UK GDP growth numbers were extremely weak, but in line with expectations, calming economic concerns. The US Dollar eased, with the EUR jumping back to 1.1750, while the GBP zoomed up to 1.
Read more →European and US equities closed another tumultuous week out on a high, with AI shares rebounding the tech sector. US inflation data was significantly lower than expected, which was a boon to markets and a prerequisite for further Federal Reserve rate cuts in the New Year.
Read more →A plethora of Central Bank rate decisions, from Europe, allowed for some optimism from equity and bond markets. The ECB, Norge’s and Riksbank all decided to leave rates unchanged, while the Bank of England took the opportunity to cut rates 25 basis points, to 3.75%.
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