March is seasonally weak for gold
Two of the strongest months for gold tend to be January and August. However, over the last 25 years, the weakest month for gold has been March. The early bounce in gold around the turn of the month has largely…
Trading Ideas
Dive into daily market insights and trading opportunities in equity, forex, and commodity markets with our esteemed analyst Giles Coghlan. His cutting-edge analysis has been featured in Reuters, Business Insider, WSJ, Financial Times Adviser, NBC, LBC Radio, CoinTelegraph, Guardian Observer, National Express, and numerous other prestigious financial outlets.
Stuck on 3M?
3M is a US company which manufacturers and distributes a wide range of industrial products and solutions. It originally started as a small scale mining venture, but has now grown to a manufacturer of over 60,000 3M products found in many…
GBP: Sell the fact response expected
That’s what the seasonal bias says from a historical event perspective. Over the last 23 years the seasonal pattern around a Bank of England Rate hike looks like this on the GBPUSD pair. On the day before the hike the GBPUSD…
Time to pour oil on troubled waters?
There are a few reasons cited for oil markets to gain over the medium term. Russia’s oil ban from the EU comes into place on February 05 and China’s recent PMI prints showed a surprise expansionary print indicating strength in China’s…
The Walmart Way
Walmart is an American multinational retail corporation which focuses on discount department stores mainly in the US. With the US economy showing signs of slowing down and many analysts seeing a strong chance of the US heading into a recession Walmart…
Amazon advance ahead?
Amazon earnings are due out this week for Q4 2022 and expectations are for an EPS of 0.17 and a revenue of $145.77 billion. Since the start of the year Amazon has been preparing for a coming global turndown by cutting…
Platinum play?
Platinum tends to see gains around the start of the year as Industrial purchases are made for the year from 2022. Yes, global growth concerns have been growing, but many company orders for 2023 would have already been made and…
Chevron earnings shove higher?
Chevron is a US energy integrated company with exploration and refining operations across the globe. It is the second largest US largest oil producer behind ExxonMobil. Now, oil markets have been relatively subdued over recent months which has been helping with…
Time for a bite of the Apple?
Apple has fallen around 20% from it’s highs, and earnings are due out on Thursday. Apple has a few tricks it is trying right now to grab consumers attention. Apple is working on a cheaper mixed reality headset and introduced the…
Tesla’s Time to Turn?
Since the high of 2021 Tesla’s share price has dropped over 60% as investors fled rate sensitive tech companies on expectations of tougher financial conditions ahead. The question now is, ‘will the US manage a soft landing’ and potentially be able…