GOLD Gold just reached a new four-month-high, before slightly curbing its recovery. Buyers are moving to gold, in response to a combination of factors. The two most notable are surely the weakness of the greenback, with the Dollar Index at its lowest for 3 months, and inflation fears. Moreover, risk-on has slowed down, with a…
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OIL Inflations fears triggered a fall in stocks for less than 48 hours. After this, the dominant scenario went back to the “normality” of the last few months of a risk-on approach to the markets. Combined with a weak dollar, this has been the perfect scenario for further recovery of oil, lifted further by positive…
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EUROPEAN SHARES Shares fluctuated in Europe at the beginning of the week with no significant price action so far, amid a lingering cautious trading stance from investors. The concern over rising prices that sparked last week’s sell-off on stocks, especially on tech shares, hasn’t vanished despite Fed officials playing down inflation data. Even if there…
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Eventus Systems, Inc has just announced that it has signed Australian stock brokerage firm Morrison Securities as a client. Eventus will deploy its Validus platform for trade surveillance in equities, equity options and warrants for the Sydney-based company. Eventus Systems has steadily grown its presence around the world including in the APAC region. Morrison Securities…
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GOLD AND PALLADIUM Gold was moderately hit by the turmoil seen on the markets in the last few days as inflation fears and rising US yields pulled down bullion, along with the dollar’s recovery attempt. The scenario has now changed, with the market back in green and a new rebound of bullion. Technically, the decline found…
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EUROPEAN SHARES Shares traded lower from Frankfurt to Milan following Wednesday’s surprising US inflation report that sparked concerns the Fed may take too long to mitigate the pressure brought by rising prices. Traders will now be waiting for speeches from a batch of FOMC members at the end of this week to assess whether the…
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OIL The price of Oil is proving resilient to current market drivers. Investors are betting on further recovery in demand and are still seeing some inflation risks. The combination of these two factors, along with the US data regarding oil inventories released by the American Petroleum Institute, showing a decline of supply, are supporting the…
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OIL Investors remain bullish on the whole commodity sector and oil is proving no exception with further gains today. Moreover, the cyber-attack which has hit Colonial Pipeline is generating further buying. The technical scenario remains supportive as the combination of expectations of economic recoveries and inflation fears are pulling up the price of both WTI and Brent.…
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Canada-based payments processor, Nuvei, are rumoured to be in the process of acquiring Simplex. This Israeli start-up company works to provide crypto companies with a fiat infrastructure. Though the acquisition is yet to be officially confirmed, there have been reports that the companies are in definitive talks surrounding a deal worth around $250 million, paid…
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EUROPEAN SHARES European markets extended gains on Thursday with most indices still in green territory as investors digested the last solid batch of corporate results. Banks and automakers led gains today following reassuring results that topped estimates from both Société Générale and Volkswagen. Risk appetite is back on track following Janet Yellen’s clarification about her…
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