9 May: Trend table outlook for FX, Commodities, Indices

It has been a choppy session while waiting on the outcome of the talks between the US and China, with Vice Premier Liu He to visit Washington on Thursday/Friday in a last-ditch effort to strike a deal. Otherwise, the US will raise tariffs to 25% from 10% on $200 billion worth of Chinese imports on Friday. Stocks ended… Read More »

8 May: Trend table outlook for FX, Commodities, Indices

Stocks and WTI are both down around 2% on negative risk sentiment, which will only increase as we approach Friday’s deadline for the US to begin imposing increased tariffs on China. I suspect there is more downside to come in both and prefer to trade from the short side. In the FX markets, today sees the RBNZ Meeting… Read More »

7 May: Trend table outlook for FX, Commodities, Indices

Following the early session gapping seen in the markets  –  care of the POTUS Twitter Account – the big moves on Monday were later seen in stocks and oil, which both largely recovered their early losses and with direction now largely dependent on progress, or otherwise, to be seen in the US/China negotiations ahead of the Friday deadline… Read More »

6 May: Trend table outlook for FX, Commodities, Indices

The strong US jobs data on Friday failed to provide any positive inspiration for the US$ and for the time being it still looks a little heavy heading into the news week. The metals liked the dollar’s weakness, while the S+P and DJI finished the week back at their recent highs. WTI ended in neutral at the end… Read More »

3 May: Trend table outlook for FX, Commodities, Indices

The US$ is firm, while stocks, the metals and oil are all heavy ahead of today’s US jobs data. Until then the market will be pretty dead, and I would not be too involved although I still like to buy the dollar on dips and sell stocks and the metals on any rally. EurUsd:  remains heavy heading into… Read More »