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FX risk trades continue to recover

FX risk trades continue to recover

There are post-attack highs ongoing in cable, the euro and commodity currencies. There is less enthusiasm in stocks, with the S&P 500 stalled and still down 38 points. The market is steadily recovering after the attacks and so far the market is...

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Stocks stop falling as the bombs stop falling

Stocks stop falling as the bombs stop falling

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Israel says it will respond to Iranian attacks immiently

Israel says it will respond to Iranian attacks immiently

An Israel Defense Force spokesman says that the Air Force will carry out “powerful airstrikes” tonight, throughout the Middle EastI'd be careful with this for now as some of the reports say decisions about such attacks will be taken tonight. Lending credence to the...

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Crude oil futures settles at $69.83

Crude oil futures settles at $69.83

Crude oil futures are settling at $69.83. That's up $1.66 or 2.44%. The high price extended to $71.91. The low price that $66.36.Iran launched missiles at Israel, raising fears of a wider Middle East conflict. Israel intercepted most of the missiles, easing immediate...

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Risk trades bounce as the dust settles in Israel

Risk trades bounce as the dust settles in Israel

AUD/USD 10 minsThe arrow highlights when the first reports of Iran attacks hit and now AUD/USD has recouped a bit more than half of the drop. There are no reports of casualties in Israel following the attacks, though information is limited.For now, the market is...

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Now we wait for the Israel response

Now we wait for the Israel response

WTI crude is up 5% and flirting with the highest levels in a month after Iranian strikes on Israel. So far there are no reports of casualties (though it's early) and it appears Iran is done. However there are many videos circulating online of the missiles striking...

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Iran says its response to Israel has been carried out

Iran says its response to Israel has been carried out

Iran's mission to the UN has posted a statement. It's similar to the one posted after the April attack and appears to be aimed at de-escalation:Iran’s legal, rational, and legitimate response to the terrorist acts of the Zionist regime—which involved targeting Iranian...

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A second round of Iranian missiles is on the way

A second round of Iranian missiles is on the way

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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September did not disappoint

September did not disappoint

A difficult start does not always lead to a dismal end, especially in the markets. September started on a bleak note, but by the end of the month, the indices had performed surprisingly well.To clarify, they stumbled after hearing that the manufacturing sector had...

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Atlanta Fed Q3 GDPNow cut to 2.5% from 3.1%

Atlanta Fed Q3 GDPNow cut to 2.5% from 3.1%

The GDP tracker was boosted in the prior release but it's been reeled back in."After this morning’s construction spending release from the US Census Bureau and the Manufacturing ISM Report On Business from the Institute for Supply Management, the nowcasts of...

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