Image Source:   With the US tariff issue temporarily defused, certain commodities continue to rise to or close to new record highs, notably Gold, Coffee, and Corn. Gold is making market headlines today as it continues its strong bullish rise to new all-time high prices. At the time of writing, the price is sitting bullishly on its high at $2,860. Trend and momentum traders will be interested in being long of Gold now, and many analysts see a profit target at the next big round number of $3,000. Two other commodities are in focus, having traded at or near new all-time highs yesterday: Coffee and Corn. Coffee is the stronger bullish trend, having risen by approximately 10% in just a few days, and with a more long-term bullish technical picture. Corn is close to its 1-year high which was made a few days ago, but some analysts think this rise will probably not have much further to run. Trend traders will probably be interested in positioning long here. Although Coffee futures can be expensive, retail traders and investors can gain exposure to Coffee via the COFF ETF, although US taxpayers should beware this is probably a PFIC for tax purposes. US President Trump has made a bold move against the Iranian axis following his meeting with Israeli Prime Minister Netanyahu a few hours ago, stating that the US would take over and clean up Gaza, which would become a peaceful place despite currently being unfit for human habitation, again raising the possibility of a temporary […]

Asian stocks rose as traders navigated their way through a US-China trade war and earnings from Wall Street’s big tech companies. Chinese markets are set to reopen.Shares in Australia and Japan rose along with stock futures for Hong Kong.US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China’s instant retaliation to US President Donald Trump’s additional tariffs and the potential risks of a trade war.Here’s a table showing how US stocks performed on Tuesday: Stock/Index LTP Change ($) Change (%) Day High Day Low 52-Week High 52-Week Low Alphabet 207.71 5.07 2.50% 208.70 204.26 208.70 131.55 Apple 232.80 4.79 2.10% 233.13 226.65 260.09 164.08 Meta 704.19 6.73 0.96% 707.71 691.61 710.79 414.50 Tesla 392.21 8.53 2.22% 394.00 381.40 488.54 138.80 Netflix 994.87 15.93 1.63% 1008.00 978.51 1008.00 542.01 Amazon 242.06 4.64 1.95% 242.52 238.03 242.52 151.61 Microsoft 412.37 1.45 0.35% 413.92 409.74 468.35 385.58 Dow Jones 44556.04 134.13 0.30% 44597.71 44328.52 45073.63 37611.56 Nasdaq 21566.92 269.34 1.26% 21582.40 21308.24 22133.22 16973.94 Source: EquitymasterAt present, the BSE Sensex is trading 15 points higher and NSE Nifty is trading 28 points higher.Coal India, Hindalco, and ONGC are among the top gainers today.Trent, HUL, and Britannia on other hand are among the top losers today.The BSE Midcap index is trading 0.7% higher and the BSE Smallcap index are trading 0.9% higher.Barring the FMCG sector and consumer durables, all other sectoral indices are trading on a positive note today with stocks in the energy sector and power sector witnessing buying.The rupee is trading at […]

Bullish view Buy the BTC/USD pair and set a take-profit at 109,000. Add a stop-loss at 95,000. Timeline: 1-2 days. Bearish view Set a sell-stop at 99,000 and a take-profit at 95,000. Add a stop-loss at 108,000. (Click on image to enlarge)Bitcoin price remained in a consolidation phase on Wednesday morning, continuing a trend that has been going on since November last year. The BTC/USD pair was trading at 100,000, up by almost 10% from the lowest level this month.Bitcoin’s performance has mirrored that of American equities. The Dow Jones, S&P 500, and Nasdaq 100 indices rose slightly on Monday as traders reflected on the trade tariff issues.The US has already reached a deal with Mexico and Canada in which they will continue negotiations in the coming weeks. Tariffs will go into effect next month if the two countries don’t reach an agreement.These issues impact Bitcoin because of the impact on inflation and monetary policy. Tariffs lead to higher inflation, which forces the Fed to hike interest rates. Higher rates lead to higher bond yields, which in turn lead to a rotation from risky assets like Bitcoin and stocks.The BTC/USD pair wavered after David Sacks, the artificial intelligence (AI) and crypto czar in the Donald Trump administration, discussed the key priorities. The administration will work towards enacting friendly regulations as it seeks to become the industry leader.  BTC/USD technical analysisThe daily chart shows that the  formed an inverse head and shoulders pattern in 2024, which explains why it has soared to […]

The Pound Sterling declines against its major peers as traders price in a 25 bps interest rate cut by the BoE on Thursday. Investors should brace for high volatility amid uncertainty over US-China trade relations. The US Dollar will be guided by the US ADP Employment Change and the ISM Services PMI data for January on Wednesday. The Pound Sterling (GBP) underperforms its major peers, except the US Dollar (USD), on Wednesday as investors turn cautious ahead of the Bank of England’s (BoE) monetary policy decision, which will be announced on Thursday. The BoE is almost certain to reduce its key borrowing rates by 25 basis points (bps) to 4.50%, with an 8-1 vote split. This would be the third interest rate cut by the BoE in its current policy-easing cycle. Monetary Policy Committee (MPC) member Catherine Mann, who has been an outspoken hawk, is expected to support keeping interest rates steady at 4.75%. Traders are confident about the BoE cutting interest rates on Thursday as inflationary pressures in the United Kingdom (UK) decelerated at a faster-than-expected pace in December. Inflation in the services sector – which is closely tracked by BoE officials – grew at a moderate pace of 4.4%, compared to 5% growth in November. Also, a sharp decline in the Retail Sales data for December boosted BoE dovish bets.Market participants are also anticipating that the BoE will cut interest  by 56 bps this year beyond the policy meeting on Thursday.  British Pound PRICE TodayThe table below shows the percentage change […]

Image Source:   The market is definitely feeling better into Wednesday and most of that is because investors are seeing a path forward in which trade wars will be avoided. Currencies are up across the board against the US Dollar and stocks are well off their recent lows.Video Length: 00:00:56Investors Getting Reacquainted With Trump Tactics Markets Welcome US Tariff Delay Will The US Take The Foot Off The Gas?