Crude Oil is quite a peculiar instrument to trade, given that its supply side has been managed for decades. If we look at a multi-year chart, there was a very evident move which happened in 2014. The drop from over $100 to $40 was very sharp and relentless, and it was driven mostly by the […]
With Italy frequently dominating the headlines in the recent weeks, it’s a good idea to take a macro look at the Eurozone: its origins, some aspects of its structure, and what dangers it might face in the near future.
The US equity markets are trading heavy after a strong selloff, is there more selling to come?
As the equity markets continue to extend their gains into the fall season, we continue to look at what the implications will be on currencies, and what potential outcomes we may have in the current environment.
The EUR/USD has been quite erratic since early 2015. The Greek crisis caused the pair to drop from 1.40 to nearly parity, all in the space of 10 months, and that was a brutal move lower which destroyed longs. Since then, the pair has range traded between 1.04 and 1.24, spending some time near both […]
Precious metals have exhibited broad weakness in the past six months, seemingly contrary to what market conditions might suggest. In the midst of trade wars and Emerging Markets worries, they should – in theory at least – have performed better. But can we identify any fundamental reasons for that? Let’s take a step back and […]
Precious metals – and commodities in general – have experienced a strong boost in the past couple of weeks. Oil seems to have been leading the charge since mid-2017 but what do we make of this move?