Commodities Down in Mild Risk-off Markets, Swiss Franc Firm With Dollar and Euro
With mild risk aversion permeating the markets, Gold and some other commodities are weakening notably […]
Oil and Copper slide after China concerns
The release of disappointing Chinese economic data earlier today has cast a shadow on global […]
Recession Concerns Eclipsed a Week Laden with Key Event; Aussie Bear the Brunt
A cloud of recession fears dominated a week full of significant events, with disappointing PMI […]
Diverging Policies
US inflation data gave investors a good reason to cheer up yesterday. The headline number […]
Copper (HG) Low Likely in Place with 5 Waves Rally
Short Term Elliott Wave in Copper (HG) suggests the metal ended wave ((2)) pullback at […]
Markets Mixed ahead of Fed and ECB; Aussie Extending Rally With Eyes on Copper and China
The forex markets are relatively mixed with a near empty economic calendar today. Australian Dollar […]
Copper dips after hitting strong cluster resistance
Copper prices dip notably today as metal traders appeared to be turning cautious ahead of […]
Copper plummets on China outlook, may drag down AUD/USD
Copper prices experienced a precipitous drop this week, puncturing 3.8229 support level and reaching a […]
Copper Futures Collapse to a Fresh 2023 Low
Copper futures (HGCOP, July delivery) have been in a steady downtrend after peaking at the […]
AUD/JPY a top loser as Aussie suffers triple blow
Australian Dollar continues to trade as the worst performer for the week, suffering triple blow […]
Copper and Aussie rally on China’s stimulus optimism
Copper rises notably today, on optimism of fiscal stimulus in China, or at least some […]