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Whether you’re a seasoned trader or a complete novice, our blog has extensive information for any trader. Learn about the newest developments in today’s world markets with in-depth market analysis from our chosen team of experts.

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Oil rises above $60 as Texas winter storm forces refineries to shut down

Key points Texas winter storms clamps down on crude oil supplies, sending price above $60 pb (per barrel) Refineries have been shut due to bad weather conditions Millions of people are without power supply as the winter storm collapses power generation In what is described as an extreme weather condition in the state of Texas, […]

by Adegbotolu Kehinde Erastus
4 years ago

New Zealand Retail sales data

New Zealand Retail sales data KEY POINTS Retail sales data expected to show healthy recovery Stronger than expected data to show the further economic recovery NZD technical outlook appears bullish Retail sales data set to stay healthy New Zealand is set to release its retail sales figures for Q4 later today. The country has been […]

by Lulama Msungwa
4 years ago

New Zealand dollar in focus ahead of RBNZ conference

Key points RBNZ likely to keep rates unchanged at 0.25% No policy changes are expected NZD/USD printing bullish momentum The Reserve Bank of New Zealand (RBNZ) will be announcing its rate statement on Wednesday 24th 2021. It is expected that the Central Bank will keep rates at 0.25% and also policies are to remain unchanged. […]

by Adegbotolu Kehinde Erastus
4 years ago

GOLD PRICES SUBDUED AS DOLLAR HOLDS KEY LEVEL OF $90

KEY POINTS Gold fails to find direction as it consolidates Dollar holding the key 90$ level Gold looks up to the Dollar for a bullish direction Gold price fails to inspire bullish movement as it stays within a consolidation level The Gold price movement has in recent days has been so uninspiring, with initial gains […]

by Lulama Msungwa
4 years ago

Weekly Overview

Weekly Overview Last Week Last week opened with US equities on an all-time high as Biden’s $1.9T stimulus dominated the market sentiment. Oil markets were also trading on yearly highs as Saudi Arabia tightened supply. As the week progressed, a number of fundamental shifts forced the markets to erase gains as the USD gained bullish […]

by Rufas Kamau
4 years ago

Early 2021 winter taking a big toll on renewable energy resources

The world has been on a green initiative to control global warming and one of the main agendas has been limiting dependence on fossil fuels. In this drive, countries have been transitioning to clean renewable energy that has largely benefited solar and wind power supplying companies. Key Takeaways Transitioning to renewable energy may not erase […]

by Rufas Kamau
4 years ago

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