Trade Reviews

Professional and technical analysis on products and past trades

Gold price near $3,900: will the psychological level hold?

Latest escalation between the United States and Iran is producing a more complicated reaction, gold is no longer trading only on fear. It is also trading on what higher oil prices could mean for inflation, interest rates and bond yields. Right now, those forces are pulling the market in opposite directions.

Dollar slips after softer inflation data, though hawkish Fed expectations persist

The dollar index weakened after softer-than-expected US inflation reduced expectations of near-term Federal Reserve tightening. However, persistent geopolitical risks and expectations of at least one future interest rate increase continued to support the greenback against major currencies.

Brent crude and US Treasury yields: A fundamental and technical analysis

Brent crude prices surged following renewed US-Iran tensions and the closure of the Strait of Hormuz, intensifying inflationary concerns and driving up US Treasury yields. Consequently, financial markets are increasingly pricing in a tighter Federal Reserve monetary policy stance to combat energy-driven inflation risks.

Canadian dollar under pressure from a hawkish Federal Reserve and weaker oil prices

The Canadian dollar has weakened as hawkish Federal Reserve expectations continue to bolster the US dollar, while a 30% decline in Brent crude has impacted Canada’s commodity-linked revenues.

Germany’s trade surplus exceeds forecasts; Euro strengthens against dollar

Germany’s trade surplus widened sharply to €19.1 billion in May, beating forecasts as exports increased and imports declined. Stronger shipments to the US, China, and the UK signalled resilience in the external sector despite geopolitical uncertainty.

USD/JPY tests intervention zone as yen pressure builds

Washington has placed Japan on the U.S. Treasury’s 2026 monitoring list. That does not stop Tokyo from intervening, but it makes the decision more sensitive, Japanese yields have climbed to their highest levels in three decades, and the old carry-trade advantage is starting to fade.

9 Jul 2026, 13:19

Brent nears $80 per barrel amid renewed tensions in the Strait of Hormuz

Brent crude closed significantly higher at $78.02 per barrel, following a 5.20% appreciation, as a resurgence in US-Iran hostilities poses a severe threat to global energy flows within the critical Strait of Hormuz transit corridor.

Nasdaq slips on renewed AI valuation concerns and geopolitical instability

The Nasdaq futures contract retreated by 1.81% to close at 29, 392 points, as market participants increasingly scrutinised elevated artificial intelligence (AI) valuations. Concurrently, a sharp escalation in Middle Eastern geopolitical tensions drove crude oil prices higher, stoking market expectations of a more hawkish monetary policy stance from the Federal Reserve.

Gold near 4,070: correction or Failed Recovery?

Gold’s rally is no longer being driven by one single force. Central bank demand is still providing a strong floor, while ETF investors are continuing to add exposure even if the pace has cooled from last year’s strongest levels. That combination matters because it shows gold demand is still broad but not overheated in the same way it was during earlier waves of aggressive inflows.

8 Jul 2026, 13:16

OPEC+ agrees to raise oil output from August; Brent declines slightly

OPEC+ agreed to raise output quotas by 188,000 barrels per day from August, adding to earlier increases and pressuring oil prices as flows through the Strait of Hormuz normalise. Brent edged lower, extending a sharp two-month decline.