City Index

Whilst we retain our core bearish view, a few indications point towards a corrective bounce before the dominant trend resumes. As we noted in our weekly COT report, net-short exposure on CAD futures...

Trade talks with China are “back on track” according to Donald Trump, over the weekend. Improved sentiment currently sees gold amid its most bearish session since March and the S&P 500...

Traders flipped to net-long exposure on Silver 3 weeks ago. Whilst it’s currently facing selling pressure, we’re looking for key levels above $15 to hold and confirm a bullish flag...

The consensus expects RBA to cut their overnight cash rate (OCR) to a new record low of 1% tomorrow. Yet it could be down to how dovish Lowe is in his subsequent speech as to whether 70c can crash...

As of Tuesday 25th June: Traders reduced net-long exposure to USD for a 4th consecutive week, shedding -$1.1 billion of long positions to $19.6k billion (23.3k billion against G10 currencies). The...

Equites were lower as doubts began to creep in that Trump and Xi could pull off a successful talk at the G20, weighing on equities although volatility remain contained overall. Trump agreed to...

EUR/NZD broke the March trendline following Wednesday’s RBNZ meeting. Now approaching the June low, we could see a corrective bounce towards resistance and pave the way for two bearish potential...

The meetings have kicked-off and volatility remains capped whilst traders await potentially market-moving headlines and trade developments. We take a look at a couple of JPY pairs around the...

Bitcoin has been grabbing the limelight once more as it breaks through key levels like a knife through butter. Having travelled 20% yesterday alone, we've analysed how the crypto currency has...

U.S. and China have ‘tentatively’ agreed to a trade truce ahead of the G20, lifting sentiment and risk assets with it. Asian equities trade broadly higher and JPY and CHF are today’s...

A bullish outside day on the U.S. dollar index above the March lows suggests a corrective bounce could be due. Less dovish than expected comments from Fed members Powell and Bullard helped break the...

The Reserve Bank of New Zealand (RBNZ) held rates at record lows of 1.5%, opting not to play catch up with the RBA’s 1.25%. Yet by reintroducing talk of a cut, they kept the door open for easing...

GBP/AUD is making hard work on its rebound from the June low, suggesting the move is corrective. and a break lower could be on the cards whilst key resistance holds. Matt Simpson takes a technical...

RBNZ hold their OCR meeting less than 24 hours away. Whilst we expect they’ll hold, we suspect they may introduce a dovish tone, given the apparent ‘race to the bottom’ seen among...

A risk off session in Asia saw gold and JPY strengthen and weigh on USD. Trump placed sanctions on Iranian supreme leader and top officials. Iran says the sanctions mean the diplomatic path has closed...

Bitcoin continues to defy gravity after piercing $11k on Friday. Yet with prices looking stretched, we suspect a retracement could be due before its trend continues. That said, Bitcoin has shown its...