With just two sessions remaining this month, the bears came out of hiding as the banking sector, minors and healthcare fell into the red. However, the index is on track on delivering its best month… Read More

Since reclaiming the US$0.7300 on Wednesday, the greenback (USD index) has weakened further and sits at 91.90 (as of writing). The overnight’s performance extended its monthly rally after inking in an intraday high of US$0.7373…. Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices advanced for the fifth consecutive day on Thursday as a surprise drop in oil inventories extended the vaccine rally. (WTI) has risen nearly… Read More

The precious yellow metal was mixed/consolidates overnight after the recent plunge, as trading volumes were lighter on Wednesday as the U.S. markets will be closed Thursday in observance of Thanksgiving Day and shutter early on… Read More

U.S. stocks finished below the waterline after a choppy session on Wednesday as the rich-tech Nasdaq Composite closed at a new record on Wednesday, it’s first in three months, meanwhile, after a record-setting day on… Read More

It was a mixed session on Wall Street, as the rich-tech Nasdaq Composite closed at a new record on Wednesday, it’s first in three months, meanwhile, the Dow Jones Industrial Average took a breather and… Read More

The Australian sharemarket has now nearly recouped almost all the losses suffered this calendar year, delivering its best month since March 1988, as the S&P/ASX 200 Index climbs +13.7% to a monthly high of 6,713.3,… Read More

The Australian Dollar bulls return in more significant numbers on Wednesday after rebounding from the near-term support at US$0.7265 and now post a fresh 2-month high of US$0.7372. The AUD/USD pair rallied despite discouraging Australian… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices gained of nearly +4.5% on Tuesday, taking the (WTI) above the $45.00 mark, its highest levels since 6 March, before when Saudi Arabia… Read More

The precious yellow metal declined nearly -1.8% on Tuesday, dipping to prices not seen since mid-July. Even though gold has been trending lower since its August peak, prices are still roughly +20% higher than they… Read More

The Dow Jones Industrial Average rallied on Tuesday, breaking above 30,000 for the first time, as progress in the development of coronavirus vaccines will open the way to economic recovery and smooth transition to a… Read More

Wall Street lit up like a Christmas tree on Wednesday as U.S. stocks ended at record highs on Tuesday while bitcoin and oil prices also rose as progress in the development of coronavirus vaccines and… Read More

The Australian sharemarket kicks off the Tuesday’s session on a positive note following an intense session on Wall Street boosted by more positive vaccine news and relief over the Trump administration’s move to begin the… Read More

An all too familiar pattern is evident for the Australian Dollar after retreating from the US$0.7325-40 supply zone for a third time this month. The AUD/USD pair traded as high as US$0.7336 on Monday and… Read More

On Monday, West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices continue to soldier on as news of a third promising vaccine candidate spurred hopes of a quick recovery in oil demand…. Read More

The precious yellow metal sank heavily into the bearish trenches on Monday as COVID-19 vaccine developments, and upbeat U.S. manufacturing data bolstered investors’ hopes of a swift economic recovery. On Monday, AstraZeneca and the University… Read More

Wall Street closed near session highs on Monday, following reports that President-elect Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen to become the next Treasury Secretary. More encouraging news on the development of… Read More

U.S. stocks finished above the waterline after a choppy session on Monday as hopes for a COVID-19 vaccine lifted economically sensitive sectors such as energy and industrials. On Monday, AstraZeneca and the University of Oxford… Read More

It was a modest bullish day on the Australian sharemarket after managing to extend its rally to a nine-month high on Monday, ‘sparked up’ by the substantial advance from the major iron ore miners. At… Read More

The Australian Dollar finished the week trading in a narrow range, failing to find renewed momentum as it tried to recapture, and sustain, above the US$0.7300 handle. As we continue to idle around this region,… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil closed the week out on a bullish note after prices broke and sustained above the $42.00 handle and now have the broad (near-term) cap… Read More

Since the market plummeted $115, the precious yellow metal has struggled for ten consecutive days to recapture any renewed momentum and presently, remains vulnerable, as the market hovers above the critical support at $1,848-52. On… Read More

Wall Street closed lower on Friday as rising COVID-19 cases raised doubts about the economic recovery, offset partly by progress toward vaccines. On Friday, in a letter to U.S. Federal Reserve Chair Jerome Powell, Mnuchin… Read More

All three major U.S. stock indexes fell on Friday and closed in negative territory, as investors wrestled with fiscal stimulus developments, concerns over a lengthy rollout of vaccines, and a growing number of state-level shutdowns… Read More

The Australian sharemarket kept its head above the waterline for the third consecutive week, even though the ASX 200 was shut down for nearly a whole day on Monday due to an outage, the Index… Read More

The Australian Dollar trades to a fresh weekly low on Thursday at US$0.7255, even though Australia’s Employment report showed an unexpected pickup in job growth. The Australian Bureau of Statistics on Thursday said employment soared… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude as the market’s tug of war continues between worries about the worsening pandemic in the present and optimism that a vaccine will rescue the economy… Read More