Categories
Analysis Market overview

Can OMICRON impact the price of Gold?

What rollercoaster gold prices have been on recently amid the new Omicron variant and throughout the year. Gold rallied from a low of $1676 in Febreuary to a May high of $1916. It then fell back to $1680, and after registering a lower high at $1877 on November 16, it’s sliding once again. And this, […]

Share this on:
Categories
Analysis Market overview

Top Market Opportunities 29.11.2021 – 03.12.2021

Investors Eye Wage Growth for Hints at Inflation Admittedly, investors’ quest for safety transpired in the markets last week as the Omicron variant shook every last bit of confidence away ahead of Christmas. The new covid originating from South Africa forced several countries to ban travel to seal themselves from contacting the most transmissible variant […]

Share this on:
Categories
Analysis Market overview

Top Market Opportunities 22.11.2021 – 26.11.2021

Lagarde and Covid Cases Dent Euro Sentiment Euro continued to fall towards the end of last week despite dollar stalling as ECB’s Lagarde reaffirmed to investors that the bank would not tighten as inflation pressures subside. Speaking twice last week, the President ended her Friday speech with a dovish flourish, stealing away every last bit […]

Share this on:
Categories
Analysis Market overview

Top Market Opportunities 15.11.2021 – 19.11.2021

EURUSD Hangs Primarily on US Data LAST WEEK, the US dollar soared to a 16-month high against the euro, following a CPI read economists have not seen in 30 years. The US consumer price index rose to 6.2 percent in October, well above forecasts and what policymakers had expected. Although Fed’s Powell reiterated a view […]

Share this on:
Categories
Analysis Market overview

NZDUSD overview 17.08.2021

NZDUSD crushes on new covid-19 cases. NZDUSD falling strongly today under the effect of the powerful bearish new Zeeland dollar sentiment – as the markets are reacting to the latest report showing that the country identified its first COVID-19 case since February, prompting the government to announce new short-term lockdown measures. NZD fell sharply as […]

Share this on:
Categories
Analysis Market overview

BRENT overview 16.08.2021

Oil falls in weaker projected demand from China. Oil under the bearish pressure today – falling more than 1%, after official report showed that refining throughput and economic activity slowed in China, which is seen by the markets as the indicator that fresh COVID-19 outbreaks are crimping the world’s second largest economy. Factory output and […]

Share this on:
Categories
Analysis Market overview

GOLD overview 13.08.2021

Gold rises on safe-haven inflows. Gold continues to rise today – largely under the effect of the safe-haven demand from the investors worried about the continued spread of the virus across Asia. Asian markets were subdued today, pressured by the fallout from rising Delta coronavirus variant cases in several countries in the region. The on-going […]

Share this on:
Categories
Analysis Market overview

AUDUSD overview 12.08.2021

AUDUSD falls on risk-off sentiment. AUDUSD under the bearish pressure today – under the effect of the significant Australian dollar bearishness and mild USD bullishness as the markets are currently in the risk-off mode. The risk off sentiment took hold as more countries have started reporting the local surges in the Delta variant cases – […]

Share this on:
Categories
Analysis Market overview

GOLD overview 11.08.2021

Gold rises on surging virus cases. Gold under the bullish pressure today – as concerns over the economic impact of the Delta coronavirus variant led to the widespread safe-haven bullion buying. The on-going battle with the virus hotspots forming across China, Europe and also the Middle Eastern countries is adding to the safe-haven demand for […]

Share this on:
Categories
Analysis Market overview

BRENT overview 10.08.2021

Oil rises as markets shift focus from virus impact. Oil rising today – recouping some of the losses from the previous session, as rise of demand in Europe and the United States outweighed concerns over a rise of COVID cases in Asian countries. In the United States, the Senate is set to vote on the […]

Share this on: