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Market Analysis

Market Spotlight: GBPJPY Longs Moving Nicely
Market Spotlight: GBPJPY Longs Moving Nicely

GBPJPY Breaking OutThe recent GBPJPY long idea from the breakout above 163.18 highs is now moving nicely higher and the pair is around mid-way to target at the 168.39 level. The recent surge higher in...

Market Spotlight: EURCAD & Today's BOC Meeting
Market Spotlight: EURCAD & Today's BOC Meeting

BOC In Focus TodayThe main event focus today will be the Bank of Canada’s September rates meeting. The BOC has been among the more hawkish of the G10 central banks, having been the first to hike rates...

Market Spotlight: AUD Falls Despite RBA Rate Hike
Market Spotlight: AUD Falls Despite RBA Rate Hike

RBA Hikes, Signals More to ComeIn line with expectations, the RBA hiked rates by a further .5% at its September meeting overnight. On the back of the hawkish guidance issued at the last meeting, the...

Market Spotlight: Amazon Lower Amidst Warehouse Closures
Market Spotlight: Amazon Lower Amidst Warehouse Closures

Amazon Shares Opening LowerShares in US tech giant Amazon are trading a little lower ahead of the open today, despite the broadly positive tone to risk markets. The company is suffering amidst news...

Market Spotlight: New UK PM Announcement Due Today
Market Spotlight: New UK PM Announcement Due Today

Change In Leader to Be Announced Shortly UK citizens and traders alike are bracing for today’s announcement regarding the Conservative Party leadership contest. The contest, between Rishi Sunak and...

Market Spotlight: Crude Higher Ahead of OPEC Meeting
Market Spotlight: Crude Higher Ahead of OPEC Meeting

OPEC On WatchOil traders will be paying close attention to today’s OPEC+ meeting. Following recent headlines around a potential production cut, OPEC sources have reportedly leaked that the group is...

Market Spotlight: Which Way Next for Wheat?
Market Spotlight: Which Way Next for Wheat?

Prices Stabilises As Ukraine Distribution ReturnsFollowing a spike in prices earlier this year in reaction to Russian invading Ukraine, wheat prices have since reversed sharply lower and are now...

Market Spotlight: Nasdaq & The NFP
Market Spotlight: Nasdaq & The NFP

US Labour Data In FocusAhead of the upcoming September FOMC meeting, there is a great deal of focus on the latest US labour market data due today. With the Dollar trading at highs ahead of the release...

Market Spotlight: Trading Today's US ISM Data
Market Spotlight: Trading Today's US ISM Data

US ISM Manufacturing Up NextThe latest US ISM manufacturing reading is due later today and will likely be the main focus ahead of tomorrow’s NFP results. The August results is forecast to remain in...