Tag: daily market commentary
Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
The Aussie market could be finalising its 5 week topping pattern, which could be confirmed as early as tomorrow. The US markets may have false broken high only to reverse and kick start the move back down...
Read more about Australian and US Market Commentary 13 June 2016 – A Bull Trap?
Australian and US Market Commentary 04 April 2016 - A new quarter means a new beginning for some and new opportunities for all
We have now entered the second quarter for the year and generally the first few days of a new quarter are good strong up days as Super fund monies are put into the market. It was positive in the US and it was the opposite in the local market based on Friday’s price action.
The last week hasn’t let us down in respect to volatility. We moved up and then moved back down, then we had option expiry where we were down then up again. Then to round out the week the Bank Of Japan (BOJ) came out with their own surprise – a rate cut putting interest rates...
Read more about Market Commentary - Australian and US markets (01 Feb 16)