Top Gainers – The World Market
Another aggravation of China-US relations led to the New Zealand and Australian dollars significant decline. China is the main buyer of minerals and agricultural products from Australia and New Zealand. US insists on China’s participation in the Strategic Arms Reduction Treaty (START III). The greenback strengthened due to the Fed’s announcement of a possible rate hike in the future, rather than waiting for inflation to reach the 2% target. The Fed also doubts the need to increase the volume of the current quantitative easing program.
1.Twitter Inc., 16% – an American social network
2. XAUXAG, 13.7% – Gold vs Silver — a gold instrument “Gold vs Silver”
Top Losers – The World Market
1. Goodyear Tire & Rubber Company – an American manufacturer of rubber tires for cars, trucks, buses and other wheeled vehicles
2. Rolls-Royce Group plc – a British manufacturer of aircraft equipment and power plants.
Top Gainers – Foreign Exchange Market (Forex)
1. USDMXN, EURMXN – the growth of these charts means the strengthening of the US dollar and the euro against the Mexican peso.
2. USDNOK, USDZAR – the growth of these charts means the weakening of the Norwegian krone and the South African rand against the US dollar.
Top Losers – Foreign Exchange Market (Forex)
1. AUDJPY, AUDUSD – the drop of these charts means the weakening of the Australian dollar against the Japanese yen and the US dollar.
2. NZDJPY, NZDUSD – the drop of these charts means the weakening of the New Zealand dollar against the euro, the Japanese yen and the US dollar.
- Oil continues to fall in price. The Australian dollar reached the maximum for 5 weeks Jan 24, 2025
- Japanese Yen Strengthens as Interest Rate Reaches Highest Level Since 2008 Jan 24, 2025
- Oil down 4 consecutive sessions since Trump’s inauguration. Natural gas prices rise again due to cold weather Jan 23, 2025
- The threat of tariffs by the US against Mexico, Canada, and China is adding uncertainty to financial markets Jan 22, 2025
- Gold Reaches 11-Month High as Global Demand for Safe Assets Surges Jan 22, 2025
- Hong Kong index rises for the 6th consecutive session. Oil declines amid Trump’s statements to increase production Jan 21, 2025
- Japanese Yen Strengthens to a Monthly High as Markets Anticipate a Bank of Japan Rate Hike Jan 21, 2025
- COT Metals Charts: Speculator Changes led higher by Gold, Copper & Silver Jan 19, 2025
- COT Bonds Charts: Weekly Speculator Changes led by 10-Year & 5-Year Bonds Jan 19, 2025
- COT Soft Commodities Charts: Weekly Speculator Wagers led by Soybeans & Soybean Oil Jan 19, 2025