If you just go through the motions and do a round or two, with the ASX bulls, a K.O. win was achieved on Monday, mainly driven by a more energetic performance from the major mining… Read More

The Australian dollar bulls charged at the US$0.6700 handle on the Monday’s opening after much ease on Friday that President Trump did not indicate changes to the trade deal with China despite mounting tensions. During… Read More

After posting its best month, West Texas Intermediate (WTI), the benchmark for New York-traded crude bullish sentiment has now posted a gain of over +82% for May, its best month on record, based on data… Read More

After a choppy week, and month, the precious yellow metal rose +1% on Friday after President Trump said he would take action to eliminate special treatment towards Hong Kong. However, he did not indicate the… Read More

The stock market bounced back from a choppy week and closed out another solid month of gains, with the Dow Jones Industrial Average passing 25,000 and the S&P 500 breaching 3,000 for the first time… Read More

The Australian shares are expected to open lower today ahead of a big week of local economic data. The Reserve Bank of Australia meets on Tuesday and markets expect the bank to keep interest rates… Read More

Since the early trough in March at 4,402, the Australian share market has now posted its best week in ten as profit-takers slowly emerge from the shadows as uncertainties start resurfacing from the U.S. and… Read More

Having marked yet rebound, the Australian dollar bulls emerged from the previous support region at US$0.6575 after prices briefly inked in an intraday low of US$0.6586. Meanwhile, the Reserve Bank of Australia governor Philip Lowe… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude pared off early losses after defending the critical trigger support level at $30.60 which if breached would have confirmed the ‘Hanging Man’ Japanese candlestick. After… Read More

After a brief ‘bearish episode’, this time, the bulls were back with a vengeance as they pawed at the ground and lift the market by their horns to an intraday high of $1,726 or over… Read More

U.S. stocks finished below the waterline after a choppy session on Thursday after President Trump said he’d hold a news conference on Friday to discuss China, potentially stoking tensions between the world’s two largest economies…. Read More

Wall Street ended lower on Thursday following a late-session reversal, erasing earlier gains, as traders mulled over some grim economic data while watching worrisome developments in Hong Kong. President Trump, meanwhile, said he would sign… Read More

As the world waits for the launch of SpaceX to hit the skies, a noisy bullish cheer arose from the local sharemarket as the ASX 200 also hits the highs on Thursday as investors swooped… Read More

It’s been a pretty wild ride in the overnight’s session for the Australian dollar after climbing to the highs of early March at US$0.6679 in the European session, prices suddenly staged a course correction and… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude slipped on Wednesday before the API’s data release. Oil production in the United States has now fallen from 13.1 million bpd on March 13 to… Read More

The precious yellow metal took minor casualties in the overnight’s choppy session after taking a brief look beneath the $1,698-02 waterline before rebounding. As further easing of lock-downs lifted optimism for an economic recovery, elsewhere,… Read More

U.S. equities closed the day near their highs of the session, with both, the S&P 500 closing above 3,000, and the Dow Jones Industrial Average above 25,000 for the first time since early March, and… Read More

Major U.S. stock benchmarks roared higher Wednesday, with both, the S&P 500 closing above 3,000, and the Dow Jones Industrial Average above 25,000 for the first time since early March, as further easing of lockdowns… Read More

On the back of the fresh U.S. and China tension, the Australian sharemarket was unable to extend its 11-week high, despite the major banks booking substantial gains, the benchmark S&P/ASX 200 Index fell -5.1 points,… Read More

The Australian dollar bulls continue their crusade and soldier on through the US$0.6600-10 resistance and post a near 11-week high of US$0.6674, which has now put the technical assessment, in a short-term, to a neutral… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude ended mixed overnight as the market once again gets the jitters over the concerns on how quickly fuel demand will recover even as lock-downs ease… Read More

The precious yellow metal prices tumbled on Tuesday after many failed upside attempts, the bulls finally threw in the towel following the overnight’s decline, as prices plummeted to the support level at $1,698-02. Still intact,… Read More

Following a long holiday weekend, U.S. stocks surged on Tuesday, adding to their sharp gains from last week on optimism about economies reopening and the potential development of a coronavirus vaccine, which has now lengthened… Read More

The three major U.S. averages on Wall Street finished higher on Tuesday, but off-key levels following a long holiday weekend as optimism grew about the reopening of the economy and a potential coronavirus vaccine. The… Read More

The Australian share market continued its bullish trek into the second session without the lead from Wall Street after the U.S. was absent in observance of Memorial Day. The local market displayed its best day… Read More

The Australian dollar edges up slightly as trading volumes were thin on Monday as U.S. markets were closed in observance of Memorial Day. Flaring tensions continues between the U.S. and China after the U.S. added… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude edged up slightly as trading volumes were thin on Monday due to the U.S. markets were closed in observance of Memorial Day. As the market… Read More