Dollar's retreat from two-month highs puts brakes on gold sell-off.  Gold's daily chart shows the market has turned indecisive.  Risks, however, remain skewed in favor of deeper losses.  Gold bears are taking a hiatus amid the US dollar's pullback from two-month highs.  Indecisive market The yellow

The 10-year, 10-year Treasury forward, a futures contract that shows what investors think the 10-year Treasury yield will be in a decade’s time, has declined to 1.6% this year, according to Financial Times.  In other words, bond traders do not see inflation rising beyond the Federal Reserve’s 2% inf

The Indonesia stock market has climbed higher in six straight sessions, gathering more than 150 points or 2.9 percent along the way. The Jakarta Composite Index now rests just beneath the 5,300-point plateau although it may spin its wheels on Wednesday. The global forecast for the Asian markets is m

Sentix 10 August 2020 prior 18.2    Slightly better than expected, but a minor data point. Still growing confidence (or at least not as bad as expected) is better than the alternative. EURUSD unfazed and flat.    It's a yawn kind of day with the only bit of action the EURUSD pulling away from 1

USD/CAD stays near the upper end of the 1.3370/3400 trading range. A clear break of short-term resistance line, now support, joins bullish MACD to lure the buyers. Sellers may wait for fresh monthly low before entering any traders. USD/CAD trades near 1.3385 amid the initial Asian session on Monday

Photo: FM GMO Click, a Japanese forex broker, has published its monthly trading volume, showing a correction in the demand for foreign exchanges among traders. For July 2020, the FX Neo platform recorded a total exchange volume of 105 trillion yen in foreign currencies, compared to 124 trillion ye

Photo: Devexperts Devexperts, a capital markets technology provider, has announced on Tuesday the appointment of Ben Clark as the new vice president for business development. He will be responsible for expanding the company’s global customer base for its project portfolio, the press release shared

OPEC+, a group of major oil producers led by Saudi Arabia and Russia, will ease output cuts to 7.7 million barrels per day (bpd), starting from August from 9.7 million bpd currently. Saudi Arabia is confident that the extra supply due to easing of production cuts will be consumed by a recovery in de

Harami Candlestick and Reversal Patterns: Main Talking Points Reversal patterns are very popular in technical trading which can allow traders to capitalise on changes in market trends The Harami candlestick is highly recognisable and can catch a reversal pattern at the most opportune time with tigh

Indian shares were flat to marginally higher on Tuesday, with positive global cues and easing concerns over a possible escalation in India-China border conflict helping underpin investor sentiment. The benchmark S&P BSE Sensex edged up 40 points, or 0.1 percent, to 36,527 in early trade, while t

The S&P 500 maintains its break above its 13-day exponential average after yesterday closed at 3115, reasserting a very short-term upward bias with resistance seen at 3127/31, then 3153/56, per Credit Suisse. Key quotes “Support is seen at 3085/81 initially, then 3067 and whilst above here the i

European stocks look set to open flat to slightly higher Friday as investors react to the results of the Federal Reserve's stress tests on financial institutions. The Federal Reserve said the nation's biggest banks are healthy but could suffer up to $700 billion in losses on soured loans if the econ