Category Archives: Commodities

1 May: Forecast: Stock Indices, Commodities

  S&P: 2380 No change in view (Friday range 2378/88) The hourly and the 4 hour charts once again look mildly negative so further upside momentum may be hard to come by on Monday and another rangebound session would not really surprise. The dailies may be picking up a mildly constructive tone but I would not be getting… Read More »

26 Apr: Improved risk sentiment sends safe-haven assets lower. Euro still strong. Trump tax announcement due Wed.

An increase in risk appetite following the French election result has seen the Euro continue to ride higher, while the Yen has been under pressure, with the dollar rising 140 points today, as traders use it as the funding currency of choice to buy risk assets. Commodity currencies remain under pressure, decoupling from the stock markets which have… Read More »