City Index

The announcement that Trump plans to delay EU auto tariffs provided the DAX quite the tailwind yesterday. Technically, we suspect it could extend its bounce from here. Since the prior analysis in...

Both Bitcoin and USD/CNH have been on a tare leading up to and around trade talks. But with both markets now pausing for breath at critical levels, traders are closely watching for their next...

The Aussie found itself under pressure ahead of today’s wage data, thanks to soft consumer growth and Trump’s latest trade-twist. Just 27pips above 69c, it may take more than stronger...

Gold hit a 1-month high against the greenback during yesterday's risk-off session. But given gold's strength is broad-based, we suspect its corrective low could be in. It’s constructive to see...

Escalated trade tensions saw AUD/JPY hit its lowest level since January’s flash crash, yet dominant forces likely point lower still, without a trade deal in sight. China’s retaliation kept...

Since gapping higher on solid earnings results on the April 25th, Facebook (NASDAQ:FB) has drifted lower along with global equities. However, support was found around $185 on Friday and formed a...

A summary of the weekly Commitment of Traders Report (COT) from CFTC to show market positioning among large speculators. As of Tuesday, May 7th:Large speculators trimmed USD exposure by -$0.72 billion...

The U.S. have hiked tariffs as promised, although trade talks are set to resume in the U.S. later today. Whilst this provides a glimmer of hope for a trade deal to be reached, the reality is we need...

The U.S. pulled the trigger, as promised, and hiked tariffs on Chinese imports, although trade talks are to continue on Friday. As we noted into today’s handover, the U.S. hiked Tariffs from 10%...

USD/CNH hit fresh highs ahead of high-stakes trade talks, a currency move which will surely irk the president and have a large impact on markets if Yuan weakness is sustained. If momentum is persists...

With WTI’s longer-term uptrend in-tact and a cluster of support above $60, we see potential for at least a minor bounce, if not a retest of its highs. That said, the break to highs may not be...

As Matt Weller pointed out, the US-China trading relationship (or lack of) will have a dramatic impact on global markets and with a general lack of news-flow beyond the RBNZ meeting shortly, this is...

RBNZ cut rates for the first time since November 2016, taking it to a new record low of 1.5% today. Yet whilst NZD is broadly lower, RBNZ’s hint 1.5% is it, for now, could limit downside over...

After much anticipation, the RBA opted to hold rates at 1.5%, making it the 30-consecutive meeting without a change of policy since lowering rates to record lows. That doesn’t mean they’re...

The RBA and RBNZ meetings are on our doorstep (RBA up in less than 2 hours) and with either having the potential to cut rates, we could be in for a lively 24hrs for AUD and NZD.The two main factors...

Trade tensions and a potential RBA cut has seen AUD/JPY hit new lows on the eve of RBA's cash rate meeting. After 29 uneventful meetings, eyes are on the RBA's meeting tomorrow to see if they cut...