Articles
Bank of England gives Funds three days to get books in order
The Bank of England has seemingly turned its back on protecting UK Retirement funds, after initially bailing out these funds who were facing serious liquidity issues in relation to their exposure to Fixed income assets. History As a part of new UK Prime Minister, Liz Truss’s mini budget she outlined big tax breaks for mu...
Aussie Dollar breaks through two year price lows
The Aussie dollar has been dropping on the back of global volatility and a lower-than-expected interest rate hike. The AUD has dropped to its two-year lows, and it doesn’t look there is an end in sight. With the AUD already being a risk on currency the fears and pressures from a potential recession are weighing heavily and accelerating the drop. ...
Aussie Dollar breaks through two year lows
The Aussie dollar has been dropping on the back of global volatility and a lower-than-expected interest rate hike. The AUD has dropped to its two-year lows, and it doesn’t look there is an end in sight. With the AUD already being a risk on currency the fears and pressures from a potential recession are weighing heavily and accelerating the drop. ...
Is Ethereum Deflationary? And is it a good thing?
What is a deflationary Cryptocurrency? A Deflationary Cryptocurrency is one that burns, (mints) its supply. This process lessens the number of coins or tokens on the market over a specific period (generally a year), which reduces supply and increases the price. In general terms, ensuring that there isn’t an oversupply of a currency can ...
How to practically implement Long-Short strategies into your trading
Long and Short trading and investing strategies are often seen as advanced strategies only used for large hedge funds and large banks. However, retail traders can learn valuable lessons and ideas from this type of trading strategy that is usually reserved for institutional players. What is a long-short strategy? A long-short strateg...
The week ahead – Big US data in the spotlight as the markets still dance to the Feds tune.
The first week of Q4 proved to be a volatile one in global markets. US equities got off the best start to a quarter since 2009 (Best start of Q4 since 2002) on Fed pivot hopes, only to decline sharply in the second half of the week as those hopes faded on the back of a blockbuster Non-Farm employment report before the market opened on Friday. &n...
Gold Price rises to monthly high, but will it last?
Gold has finally seen some respite in its price after it fell to 12-month lows. With slowing growth forecasts being a key reason as to the drop in price. Recessionary fears can sometimes be good for the price as volatility draws money to gold as it is seen as a haven. However, with the USD being so strong and investors pulling their money away from...
GO Markets Announced as Kooyong Classic 2023 Partner
FRITZ, CILIC JOIN ALCARAZ AND DE MINAUR AT CARE A2+ KOOYONG CLASSIC GO MARKETS ANNOUNCED AS NEW PARTNER Top-ranked American Taylor Fritz and former US Open Champion Marin Cilic are the latest headline acts for the Care A2+ Kooyong Classic in 2023, with Australian-owned online brokerage, GO Markets also announced as a new tournament partner. Fr...
Technical Analysis – Retracement for US Dollar
Starting from the weekly timeframe, US Dollar Index has been consistently trending upwards for the last 16 months. Using the 9 exponential moving average (EMA) on the weekly time frame, we can see the US Dollar retracing back to the EMA, bouncing off of it, then continuing with the trend, as seen below: Looking at the structure of the uptren...
US stocks dump and pump as strong data cools Fed-pivot hopes
US equities declined after a record two day winning streak, a volatile and choppy session ultimately ending with the S&P500 down 7.65 points (0.2%) The Nasdaq (NDX100) saw the biggest swing, from down almost 2.5% at the European close, all the way back up to +0.5% until a very late session sell-off saw it finish down 0.25% The chopp...
EURAUD testing mean of long-term range
The EURAUD buoyed by a weaker Australian Dollar lighter lighter monetary policy from the Reserve Bank of Australia, (RBA) has seen the currency pair move with some momentum in recent days and weeks. The RBA came out in its most recent meeting and raised rates by an unexpectedly low 25 bps vs 50 bps. This helped equities and housing stability but pu...
Risk on continues as equities, Bitcoin and commodities pump, USD dumps
Q4 has continued with a bang in Tuesdays session with US stocks posting their biggest two day gain since April 2020 and the best start to a quarter since 2009 (Best start of Q4 since 2002!) The re-pricing of risk assets comes on the back of the view that Central banks will be a little less aggressive in their rate hiking cycle, with expectations...
Reserve Bank of Australia surprises the market by lifting cash rate by 25 bps
The Reserve Bank of Australia, (RBA) has surprised much of the market by raising the country's cash rate by just 25 basis points. With analysts expecting a more aggressive 50 bps hike, the smaller lift will provide relief to much of the country's housing market and equity market. RBA, Chairman, Phillip Lowe outlined how previous rate rises had alre...
China Yuan’s Falls to Record lows
I have recently written a piece on the weakening of the Great British Pound (GBP) just the other day, as it looks like the dollar seems to be king at present and getting stronger against all other top currencies around the world. Today is the Chinese Yuan in focus, yesterday was the Sterling pound, who’s your money on tomorrow? We will have t...
Stocks begin Q4 with a bang as Fed pivot dreams see yields lower
US stocks started with a Q4 bounce after a dismal Q3 helped by softer PMI data and perhaps extreme oversold technical conditions. Bond yields drifting lower as the market priced in a possible and highly speculative Fed pivot also bolstered equities and other risk assets. One big exception was Tesla (TSLA) cratering over 8% on a big miss on de...