By Ahmad Assiri, Research Strategist at Pepperstone Metals underwent a sharp repricing moment on Friday, posting their steepest declines in decades, while US equities notably refrained from participating in the same panic-driven selloff. This reflects what seems to be a shift in macro sentiment following Kevin Warsh’s appointment as Powell’s…
Continue ReadingBy Linh Tran, Market Analyst at XS.com The S&P 500 closed the final trading session of last week down 0.43% after U.S. Producer Price Index (PPI) data came in higher than expected, reinforcing concerns that inflationary pressures at the production level have not yet fully eased. Specifically, headline PPI rose…
Continue ReadingNAIROBI, Kenya – Jan 30 – Azelia Expo Ltd today announced the Africa Forex Trading Expo 2026, a first-of-its-kind event, with Empire FX confirmed as Main Sponsor, bringing together forex traders, brokers, fintech innovators, Payment Service Providers (PSPs), Crypto Exchanges, and financial educators from across Africa and beyond. The two-day…
Continue ReadingBy Michael Brown, Senior Research Strategist at Pepperstone DIGEST – A sudden surge in cross-asset vol sparked a violent unwind of several momentum trades yesterday, though the fundamental backdrop remains little changed. Today, a busy docket awaits, with weekend gapping risk also a consideration. WHERE WE STAND – Up until…
Continue ReadingBy Ahmad Assiri, Research Strategist at Pepperstone If you step back and look at what is really driving gold, it becomes clear that it is more than a reaction to a single catalyst or isolated event. Rather, it about a broader market reassessment of how different asset classes are being…
Continue Reading
By Michael Brown, Senior Research Strategist at Pepperstone DIGEST – The FOMC stood pat yesterday, though it was megacap earnings, and Tsy Sec Bessent’s remarks on the dollar which stole the show. Today, AAPL’s quarterly report is the highlight. WHERE WE STAND – It’s a bit odd when the biggest…
Continue ReadingBy Abdelaziz Albogdady, Market Research & Fintech Strategy Manager at FXEM Gold continued to climb on Thursday, breaking yet another record as a weaker US dollar and persistent geopolitical tensions reinforced demand for safe-haven assets. The dollar remains under pressure while ongoing tariff uncertainty and growing concerns about the Federal…
Continue ReadingBy Konstantinos Chrysikos, Head of Customer Relationship Management at Kudotrade Crude oil extended its rally for a third consecutive session today, supported by rising geopolitical tensions, severe winter weather disrupting US output, and a surprise draw in US crude inventories. Together, these factors kept the market focused on immediate supply…
Continue Reading
By Christopher Tahir – Senior Market Strategist at Exness The US dollar remained near multi-year lows on Thursday, stabilising marginally as rising Treasury yields provide temporary support. Yields have firmed across the curve, with the 10-year holding above 4.26%, reflecting a reassessment of near-term monetary policy following the Federal Reserve’s…
Continue Reading
By Linh Tran, Market Analyst at XS.com Crude oil continues to extend its recovery trend, with WTI trading around USD 63.5 per barrel while Brent moves closer to USD 67.5 per barrel. This rebound comes as the market reacts positively to U.S. crude oil inventories falling more sharply than expected,…
Continue Reading