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Market analysis

Find out what’s happening to global markets and why, with the latest news, expert commentary and in-depth analysis from our team of experts.

Latest market analysis

Bitcoin Falls Below $60K: Buyers Step Back — Three Variables to Watch

Jun 25, 2026

Bitcoin Falls Below $60K: Buyers Step Back — Three Variables to Watch

Bitcoin has broken below $60,000 for the third time this year, as a hawkish Fed pivot, pressure on Strategy's financing model, and seven consecutive weeks of ETF outflows erode bullish support one pillar at a time.

Gold Price Outlook: Why XAUUSD Is Under Pressure and What Traders Should Watch Next

Jun 25, 2026

Gold Price Outlook: Why XAUUSD Is Under Pressure and What Traders Should Watch Next

Gold breaks below key technical levels as rising US real yields, a stronger US dollar and a more hawkish Federal Reserve weigh on sentiment. Here's why XAUUSD remains vulnerable and the key levels traders are watching.

Gold Outlook: Hawkish Fed Caps the Upside — Core PCE in Focus

Jun 22, 2026

Gold Outlook: Hawkish Fed Caps the Upside — Core PCE in Focus

Gold is under pressure for a third consecutive week, with hawkish Fed signals and geopolitical whipsaw continuing to weigh on bullish momentum. This week, developments in the Middle East and U.S. core PCE release could prove to be the key variables shaping gold's near-term direction.

The US Dollar Is Breaking Out. Is a New Bull Market Emerging?

Jun 22, 2026

The US Dollar Is Breaking Out. Is a New Bull Market Emerging?

The US dollar has surged to its highest level since May 2025 following a hawkish Federal Reserve meeting under Chair Kevin Walsh. Explore what is driving the move, the key levels to watch, and the implications for FX, gold, equities and emerging markets.

Nikkei 225 Hits All-Time High: Can AI, Yen Weakness, and Earnings Sustain the Rally?

Jun 19, 2026

Nikkei 225 Hits All-Time High: Can AI, Yen Weakness, and Earnings Sustain the Rally?

The Nikkei 225 has broken through the 72,000 level and set a new all-time high. Expanding AI capital expenditure, a weaker yen, and improving global risk sentiment have all combined to drive Japanese equities higher.

Will Elon Musk Bring Tesla Under SpaceX and Create a $4 Trillion Company?

Jun 18, 2026

Will Elon Musk Bring Tesla Under SpaceX and Create a $4 Trillion Company?

One of the most fascinating dynamics surrounding SpaceX right now is the growing speculation that Elon Musk could eventually bring Tesla under the SpaceX umbrella, creating a company valued at close to $4 trillion.

Why WTI Crude Is the Most Important Chart in Markets Right Now

Jun 17, 2026

Why WTI Crude Is the Most Important Chart in Markets Right Now

Brent crude is testing a pivotal technical level as traders weigh the US-Iran agreement, supply risks and the outlook for oil prices.

RBA holds rates at 4.35%. Is this the peak for the cycle?

Jun 16, 2026

RBA holds rates at 4.35%. Is this the peak for the cycle?

The RBA kept the cash rate at 4.35%, but markets are asking whether the hiking cycle is now over. We look at Governor Bullock's message, inflation risks, the outlook for AUD/USD and the key data that could shape the August meeting.

BOJ Hikes to 1%: The Decision Has Landed — but the Real Trade is Just Getting Started

Jun 16, 2026

BOJ Hikes to 1%: The Decision Has Landed — but the Real Trade is Just Getting Started

The Bank of Japan has raised rates to a 31-year high. With Deputy Governor Uchida's press conference still ahead, markets are watching for signals on the yen, carry trade risks, and what the Fed does next. USD/JPY may be approaching a critical inflection point.

Gold Finds Its Footing: Peace Signals and the FOMC Narrative

Jun 16, 2026

Gold Finds Its Footing: Peace Signals and the FOMC Narrative

After weeks of selling pressure that drove prices roughly 25% below their late February highs, gold is showing signs of stabilisation as two developments reshape the market’s sentiment - a US Iran peace framework and the Federal Reserve that appears inclined to hold rates steady despite inflation that refuses to cool.

Latest on commodities

Gold Outlook: Hawkish Fed Caps the Upside — Core PCE in Focus

Jun 22, 2026

Gold Outlook: Hawkish Fed Caps the Upside — Core PCE in Focus

Gold is under pressure for a third consecutive week, with hawkish Fed signals and geopolitical whipsaw continuing to weigh on bullish momentum. This week, developments in the Middle East and U.S. core PCE release could prove to be the key variables shaping gold's near-term direction.

Gold Finds Its Footing: Peace Signals and the FOMC Narrative

Jun 16, 2026

Gold Finds Its Footing: Peace Signals and the FOMC Narrative

After weeks of selling pressure that drove prices roughly 25% below their late February highs, gold is showing signs of stabilisation as two developments reshape the market’s sentiment - a US Iran peace framework and the Federal Reserve that appears inclined to hold rates steady despite inflation that refuses to cool.

Gold Outlook: Peace Deal Sparks Rebound — All Eyes on the Fed

Jun 15, 2026

Gold Outlook: Peace Deal Sparks Rebound — All Eyes on the Fed

Gold has staged a rebound from near $4,000, though the move looks more like a sentiment recovery than a genuine trend reversal. As the U.S.-Iran peace deal advances, the market's primary focus is rapidly shifting from geopolitical risk to Fed policy. This week's FOMC meeting — and Warsh's first public statement as Chair — could prove to be the defining variable for gold's near-term direction.

Gold Outlook: Will XAUUSD Break Higher or Lower This Week?

Jun 01, 2026

Gold Outlook: Will XAUUSD Break Higher or Lower This Week?

Gold trades in a tight range as traders watch US jobs data, Fed expectations and US-Iran talks. Key XAUUSD levels are $4,595 and $4,366.

Trading WTI Crude: Traders optimistic on a deal, but can crude break $90?

May 26, 2026

Trading WTI Crude: Traders optimistic on a deal, but can crude break $90?

Markets are optimistic about a potential US-Iran framework agreement involving a 60-day ceasefire extension and gradual reopening of the Strait of Hormuz, which could ease energy supply constraints and reduce geopolitical risk premiums, although the timeline for a full nuclear deal is considered aggressive and may require extensions; crude prices have fallen from around $108 to below $93 amid volatile reactions to geopolitical developments, with futures indicating that prices are expected to remain elevated due to ongoing supply uncertainties and gradual recovery in Gulf production and exports.

Trading Gold: Technical levels and an outlook for the week ahead

May 25, 2026

Trading Gold: Technical levels and an outlook for the week ahead

Gold starts the new trading week with the buyers stepping up, but whether this move can kick will be driven by moves in crude, US 10yr Treasury yields, and the reaction to US economic data.

Gold Outlook: Geopolitical Deadlock Caps Trend, Two Key Risks in Focus

Apr 27, 2026

Gold Outlook: Geopolitical Deadlock Caps Trend, Two Key Risks in Focus

Repeated geopolitical headlines keep gold range-bound. This week, markets are focused on developments in US–Iran negotiations and major central bank meetings, including the FOMC. In the near term, price action is likely to remain driven by shifts in inflation expectations and the interest rate outlook.

Oil consolidates at highs: Escalation concerns give way to time premium pricing

Apr 22, 2026

Oil consolidates at highs: Escalation concerns give way to time premium pricing

US–Iran talks remain deadlocked, while oil trades at elevated levels. Pricing is gradually shifting from headline-driven geopolitics toward a time-premium and supply–demand framework. Markets are now focused on US substitution capacity, early signs of demand erosion, and tail-risk scenarios that could disrupt the current balance.

Gold Outlook: Repeated Geopolitical Swings Keep Gold Awaiting a Breakout

Apr 20, 2026

Gold Outlook: Repeated Geopolitical Swings Keep Gold Awaiting a Breakout

Gold remains range-bound at elevated levels amid shifting expectations around geopolitical risks and Fed’s policy path. Traders are closely watching shipping conditions in the Strait of Hormuz, the expiration of the ceasefire agreement, and incoming US economic data, while awaiting a key breakout signal in the $4,850–$4,900 range.

Gold Outlook: Tug-of-War Continues, Geopolitics and Earnings in Focus

Apr 13, 2026

Gold Outlook: Tug-of-War Continues, Geopolitics and Earnings in Focus

The breakdown in U.S.–Iran negotiations has lifted risk premiums and inflation expectations, limiting gold’s upside potential. However, growth slowdown pricing and sustained central bank buying continue to provide support.

Latest on indices

Nikkei 225 Hits All-Time High: Can AI, Yen Weakness, and Earnings Sustain the Rally?

Jun 19, 2026

Nikkei 225 Hits All-Time High: Can AI, Yen Weakness, and Earnings Sustain the Rally?

The Nikkei 225 has broken through the 72,000 level and set a new all-time high. Expanding AI capital expenditure, a weaker yen, and improving global risk sentiment have all combined to drive Japanese equities higher.

Nikkei 225 Hits Record High: Strong AI Momentum, Three Key Risks to Watch

Apr 28, 2026

Nikkei 225 Hits Record High: Strong AI Momentum, Three Key Risks to Watch

The Nikkei 225's break above 60,000 to a record high reflects the convergence of the AI capex cycle, a weak yen environment, and sustained foreign inflows. Yet at these elevated levels, geopolitical risks in the Middle East, yen volatility, and upcoming US tech earnings reports represent key uncertainties that could determine whether the rally has legs.

Have We Hit a Tradable Low in the S&P500 and Global Equity Markets?

Apr 01, 2026

Have We Hit a Tradable Low in the S&P500 and Global Equity Markets?

Markets rally as geopolitical tensions ease and traders reposition. Are equities forming a tradable low? Key levels, flows, and market internals analysed.

Taking Stock Of The Equity Market Slump: Gauging Where A Turning Point May Lie

Mar 31, 2026

Taking Stock Of The Equity Market Slump: Gauging Where A Turning Point May Lie

Despite a broad-based equity correction driven by geopolitical risk and an energy shock, technical indicators and market positioning suggest a turning point may not yet have been reached.

KOSPI & Nikkei Plunge: Concentrated Bulls and Elevated Energy Drive Sell-Off

Mar 04, 2026

KOSPI & Nikkei Plunge: Concentrated Bulls and Elevated Energy Drive Sell-Off

Heightened Middle East tensions combined with soaring energy prices have triggered sharp declines across Asian stock indices. KOSPI and the Nikkei have both retraced more than 10% from their late-February highs. Concentrated bullish positions and simultaneous equity-currency pressures have intensified selling, keeping risk management top of mind for traders in the near term.

US Equity Trading Dynamics In An Environment With A 'Political Put'

Feb 26, 2026

US Equity Trading Dynamics In An Environment With A 'Political Put'

A growing ‘political put’ could be distorting market return distributions, raising complacency and increasing downside tail risk.

ASX 200 Breaks to New All-Time High of 9,197 as Earnings and Tech Support the Rally

Feb 26, 2026

ASX 200 Breaks to New All-Time High of 9,197 as Earnings and Tech Support the Rally

The ASX 200 hits a record 9,197, up 5.3% year to date. Strong earnings, solid performance from materials and banks, and resilient valuations keep 9,200 in focus.

US equity sector rotation gathers pace as S&P 500 and Nasdaq fall

Feb 04, 2026

US equity sector rotation gathers pace as S&P 500 and Nasdaq fall

While headline equity indices typically attract the bulk of attention, volatility at a surface level often masks what’s really going on under the surface, a dynamic that we’ve seen play out in recent weeks.

S&P 500 Slides 2.1%: Is This the Start of a Deeper Market Pullback?

Jan 21, 2026

S&P 500 Slides 2.1%: Is This the Start of a Deeper Market Pullback?

On Tuesday, the S&P 500 closed 2.1% lower, marking its worst one-day performance since 10 October. This naturally raises the question of whether the pullback from the 7000 level builds into a broader trend, where traders look to sell into retracements, or whether stability emerges with buyers stepping in to defend this dip.

“Takaichi Trade” Returns: Nikkei 225 Climbs in Short Term, Debt Risks in Focus

Jan 20, 2026

“Takaichi Trade” Returns: Nikkei 225 Climbs in Short Term, Debt Risks in Focus

The return of the Takaichi trade has driven a short-term rally in Japanese equities, but fiscal debt pressures, yen volatility, and earnings realization remain potential risks, leaving the sustainability of the rally uncertain.

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