Blackwell Global

The Kiwi dollar is coming under continuing selling pressure as speculation runs rife that the Reserve Bank of New Zealand (RBNZ) is set to savagely cut interest rates. The RBNZ is set to meet on...

The euro was broadly sold off last week as Greece continued to dominate headlines. Without a haircut, many in the market believe the debt burden will be too large for Greece in the long run. For now...

Silver has been in a bit of a downtrend recently and has turned volatile after it broke though the previous support level. Silver now looks to form a double bottom that could see the bulls push it...

The New Zealand economy faces a significant shock in the form of a continual rout in the global dairy trade (GDT) index. Today’s GDT result of -10.7%, is a significant blow to an industry that...

The US-Iran nuclear deal is likely to have radical implications for future supply within the global crude oil markets as it could open up a vast field of untapped reserves. The agreement paves the way...

Gold has been slipping lower in recent months as we inch closer to a rate rise by the Fed. But will that eventuate? Any delay to a rate rise will send the gold bulls charging.Gold prices have remained...

After a marathon negotiating session, Greece appears to have struck a deal for additional bailout funds from the Eurozone. However, all is not well within the Adriatic country and it will remain to be...

Despite the Shanghai Composite Index’s fall remaining front page news, this week’s Chinese GDP result quietly threatens to show signs of a slowdown. The GDP y/y result is forecast at 6.9%...

Interest rates were predictably held at 0.5% once again by the Bank of England last week. The economic data was mixed with some weak manufacturing production figures, but a lift in the GDP estimate...

Crude oil has experienced a significant decline over the past week which has led some to connect the fall with the events unfolding in Greece. However, the Greek debt crisis has little to do with...

Despite the volatility in global markets at the moment, the gold market has been relatively flat. The last few weeks have seen it trend lower without many big movements. The trend has led gold into a...

The negative trend in global energy prices has continued to be problematic for the Canadian economy. Persistently weak energy prices have caused a significant dip in monthly GDP with May showing a...

The AUDNZD has been following a strong bullish trend upwards as the kiwi falls out of favour, ahead of the upcoming interest rate decision on 22 July. However, a double top is forming that could...

Silver has been trending lower under a bearish trendline that could be running out of steam. Silver has found some support thanks to the uncertainty in the global markets and a break through the...

As Australia’s export mix continues to narrow, the tag “Banana Republic” has started to make a resurgence. Former Australian Prime Minister, Paul Keating, was the first to coin the...

The pound traded lower throughout the week thanks to a surge in the USD on the uncertainty in global markets. There were some mixed results from a UK economic point of view which didn't help. A...