Blackwell Global

Crude oil remained in rout for the second straight day on the basis of the current inventory build within crude storage facilities. Subsequently, WTI CLF6 futures fell strongly and are currently...

The Australian Dollar found concerted selling today as a highly negative CAPEX report crushed the currency. However, the move wasn’t a surprise to technical traders given that the AUD had...

Gold is consolidating at the bottom of a long and steep downtrend, which came on the belief that the Fed will raise interest rates. Does the consolidation signal a bottom, and how much impact does the...

In a sign that the recent stimulatory policy has failed, the Central Bank of Nigeria (CBN) has cut their benchmark interest rates by over 200 basis points. However, the rate cut could just be the tip...

The yen briefly pushed to its weakest level in three months last week, thanks to some poor Japanese economic results. An eternally optimistic BoJ, refusing to acknowledge the current recession, held...

The AUD/USD has had a tumultuous couple of week as the currency has battled against a highly bearish trend line. However, the AUD might finally be turning the corner as the currency recently broke...

The ECB has remained dovish at the end of last week and could look to cut deposit rates at their next meeting, while FOMC members continue to hint at a December rate rise. The weakness in the euro is...

Gold is facing continuing selling pressure as speculation mounts that the US Federal Reserve will hike the discount rate during a scheduled meeting late Monday. Any move by the Fed to raise the...

As the ongoing war between OPEC and US shale oil producers continues to rage, so too does the collateral damage of the global supply glut. The latest casualty of the commodity war appears to be...

Gold has been bid up off the recent six year lows, which comes as a bit of a surprise given the market’s expectation of a forthcoming rate rise. The support gold found in recent trading has come...

Silver has been hammered lower over the past month as speculation mounts that the Fed will make a move on monetary policy in December. That has left silver knocking on the door of a six year low, so...

The USD/CAD has been a star performer of late on the back of a surging US dollar sentiment. However, technical analysis of the pair is signalling the potential for some sharp falls ahead as the bulls...

The recent imagery from the horrific bombings in Paris has spurred a public outpouring of grief as France considers the human cost of the attacks. However, as the media focuses upon the location and...

The cable recovered well last week after some solid falls the week before. The pair climbed steadily throughout the week thanks to strong UK employment data and soft US data. Solid resistance at the...

Last week saw Gold fall sharply as market sentiment swung towards the US dollar. However, the precious metal might finally have discovered some support as the commodity managed to gap open on...

Crude oil (WTI) has had a troubling week, as the commodity continues to slide lower as growing concerns over supply point to further falls ahead. In fact, as a veritable conga line of tankers navigate...