Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Oil Price tumbles to 7 month lows as recession fears grow

Brent Crude and West Texas Intermediate Oil both fell to their lowest levels since January as fresh recession fears swept the market. Brent dropped to $87 a barrel and WTI to $81. The prices dropped following OPEC’s decision to cut the production by 100,000 barrels a day of supply from  October.   In recent months with the Russian and...

September 8, 2022
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Oil Price tumbles to 7 month lows as recession fears grow

Brent Crude and West Texas Intermediate Oil both fell to their lowest levels since January as fresh recession fears swept the market. Brent dropped to $87 a barrel and WTI to $81. The prices dropped following OPEC’s decision to cut the production by 100,000 barrels a day of supply from  October.   In recent months with the Russian and...

September 8, 2022
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NIO Q2 results have arrived

NIO Q2 results have arrived NIO Inc. (NIO) reported its unaudited second quarter financial results on Wednesday. The Chinese electric vehicle maker reported revenue of $1.538 billion for the quarter, beating analyst estimate of $1.458 billion. Loss per share reported at -$0.20 per share vs. -$0.16 loss per share expected. William Bin Li...

September 8, 2022
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Brent testing critical level again

  Brent Crude oil much like many other commodities has seen its value drop on the back of a strong US dollar and weaker demand forecasts. With the tail wind of the Russia and Ukraine crisis fading, Brent has struggled to maintain its highs of $125 a barrel in the last few months. In addition, the price has dropped to the point where it is r...

September 2, 2022
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Will gold hold its support or will the USD push it below $1660

Will gold hold its support or will the USD push it below $1660 Gold has dumped again after recession fears and a strong US dollar continue to grip the market. With Gold priced in US dollars it means that when the USD is strong the price of gold and other commodities is reduced. In recent days, following on from Jackson Hole the price has slum...

September 1, 2022
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Opportunities await trading the JPY

With central banks aggressively hiking interest rates to combat inflation, one specific country stands alone in maintaining a dovish stance. The country is Japan, and the consequence of the Central Bank of Japan’s ultra-dovish policy has been a massive weakening of its currency. Against almost all other currencies the JPY has been depreciating ag...

August 31, 2022
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What is Fundamental Analysis, News and Fundamental Trading?

Have you ever heard the saying, “70% of trading is in the head”? This is because the markets are mostly moved with sentiment, a good barometer to gauge is the Fear and Greed index, emotions trigger actions, there is a reason why there are sellers and buyers in the market at the same time, yes it can be attributed to the way people take in i...

August 31, 2022
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Baidu beats Q2 estimates

Baidu Inc. (BIDU) reported its unaudited Q2 results on Tuesday. The Chinese technology company topped both revenue and earnings per share estimates for the quarter. Revenue reported at $4.424 billion for Q2 (down by 5% year-over-year) vs. $4.395 billion expected. Earnings per share at $2.36 per share for the quarter vs. $1.59 per share estima...

August 31, 2022
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Is the price of wheat ready to bounce?

  The price of wheat is finally starting to show positive signs after an aggressive sell off that has been ongoing since May 2022. There is hope that the price of the commodity may begin to climb again with the price finally finding some support.  The price has been impacted by growing fears that production may slip may increasing volatili...

August 30, 2022
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Jackson Hole Symposium set to get underway today

  The Kansas City Federal Reserve is set to host the 45th Annual Symposium at Jackson Hole Lodge in Wyoming’s Grand Teton National Park. Some of the countries and world’s most important central bankers, economists, and academics will be meeting to discuss the biggest issues facing the global economy. The key issue on the agenda is of ...

August 26, 2022
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How to develop a good training plan?

Trading FOREX, equities, commodities, and any other asset can be an emotional rollercoaster. With so many different emotions and external factors difficulties impacting a trade, it is crucial that before any trade is executed a trading plan is produced to minimise the impact of the ‘noise’.     Generating the Idea   ...

August 25, 2022
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Salesforce financial results announced

Salesforce financial results announced Salesforce.com Inc. (CRM) reported its latest financial results for its fiscal second quarter on Wednesday. World’s leading customer relationship management (CRM) company reported revenue of $7.72 billion (up 22% year-over-year) vs. $7.692 billion expected. Earnings per share also topped analyst est...

August 25, 2022
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Results are in – NVIDIA reports

Results are in – NVIDIA reports NVIDIA Corporation (NVDA) announced its second quarter results after the closing bell in the US on Wednesday. The US technology giant reported revenue that exceeded analyst expectations at $6.704 billion for the quarter vs. estimate of $6.699 billion. Earnings per share reported at $0.51 per share, narrowl...

August 25, 2022
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Is there further pain in store for Bitcoin?

The recent price action of the Bitcoin suggests that the leading cryptocurrency may be ready for another sell off. Since last November when the currency peaked it has seen a sharp decline with retracements along the way. With inflation and recessionary pressures prevalent short-term volatility remains high as the market determines how to price the ...

August 24, 2022
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XPeng results are here – the stock price is falling

  XPeng Inc. (XPEV) reported its unaudited Q2 financial results on Tuesday. The Chinese electric vehicle company reported revenue of $1.11 billion for Q2 (up by 97.7% from Q2 2021) vs. $1.09 billion expected. World’s 27th largest automaker reported a bigger loss per share than expected at -$0.47 loss per share for the quarter vs. -$...

August 24, 2022
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