CFD

Trade of the week: GBPJPY?

Data emanating from Britain and Japan this week could mean that the GBPJPY is the currency to watch this week. Japan's Bank of Japan (BoJ) is set to announce its final interest rate decision of the year on Monday. Expectations...

Gold Hits $2,000 After Fed’s Surprise, But for How Long?

The Federal Reserve kept its interest rate as 5.25%-5.5% for its December 2023 decision (staying unchanged for a third consecutive meeting). This was in line with expectations, but the big news is that they indicated 75 bps cuts in 2024....

Fed vs. Banxico: USD/MXN forecast

The US Federal Reserve (Fed) is set to announce its decision on Wednesday, followed by the Bank of Mexico (Banxico) on Thursday. Forecasts suggest that both central banks will maintain their current interest rates. Recent indications from Banxico suggest a...

Trading this week’s fundamental events

The market's attention will be fixed on the Federal Reserve's final policy meeting of 2023 scheduled for this Wednesday, with the expectation that the US will maintain interest rates at a 22-year high. Investors will have an opportunity to scrutinize...

21% chance BoJ hikes rates on 19 Dec!

There is currently a 21% probability that the Bank of Japan (BoJ) will raise interest rates during its upcoming meeting on December 19. This would really send shockwaves through yen pairs on the day. Yesterday’s huge gains in the yen...

Will gold hit a new record high after NFP?

In recent days, gold has seen a remarkable surge, reaching an all-time high of $2070, fueled by growing speculation surrounding the Federal Reserve's potential monetary easing in 2024. This surge coincides with mounting signs of a cooling U.S. labor market,...

Digital gold up (BTC), spot gold down (XAU)

Bitcoin, often referred to as digital gold, has surged again, extending above $43,000. The crypto has maintained its positive momentum for five consecutive days now, marking a 15% increase over this period. At present, the price hovers around $43,300, after...

Bitcoin Peaks at $42,000 – What’s Next?

In a new surge of momentum fuelled by widespread optimism that the U.S. securities regulator may soon approve a spot bitcoin ETF, Bitcoin briefly surpassing $42,000 to reach a 20-month high. There is a sense of optimism in the space...

Are OPEC+ 2024 voluntary cuts enough to support oil prices?

Few companies are as closely tied to their leaders as Berkshire is to Warren Buffett and was to Charlie Munger. Munger's recent passing, who served as Berkshire's vice chairman since 1978, signifies the end of an era for the company....
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