RBNZ: On hold, with gentle optimism by Giles Coghlan, Chief Currency Analyst, HYCM The RBNZ meeting was pretty uneventful The interest rate was kept at 0.25% and the Large Scale Asset Purchase (LSAP, $100 billion by June 2022) and Funding for ...

HYCM Market Insights & Trading Tips

How far can stock markets rise? by Giles Coghlan, Chief Currency Analyst, HYCM image Markets are getting nervy after stocks have been on a great run higher since March last year. Record highs, and strong stock returns lead many to say, ‘when will ...

HYCM Market Insights & Trading Tips

Platinum demand remains by Giles Coghlan, Chief Currency Analyst, HYCM In Q4 2020 Platinum posted a deficit of 170 koz as strong demand in the auto, industrial and jewellery sector sustained strong investment demand for Platinum. image Supply is ...

HYCM Market Insights & Trading Tips

What does a taper tantrum mean for assets? by Giles Coghlan, Chief Currency Analyst, HYCM The team over at ING have put together a helpful piece on what they expect assets to do when the Fed start tapering bonds. For the uninitiated tapering of ...

HYCM Market Insights & Trading Tips

Seasonal Insights Nasdaq 09.04.21 by Giles Coghlan, Chief Currency Analyst, HYCM Nasdaq a buy on the dips? Listen on Youtube image The Nasdaq is approaching a very strong time of the year. Over the last 35 years, the Nasdaq has risen 26 times ...

HYCM Market Insights & Trading Tips

ING: USD due a correction lower by Giles Coghlan, Chief Currency Analyst, HYCM The move higher in the USD since the start of the year has been a bear market bounce according to the investment firm ING. Their call is based on the view that the ...

HYCM Market Insights & Trading Tips

Market Mood EURGBP 08.04.21 by Giles Coghlan, Chief Currency Analyst, HYCM EURGBP sellers ahead? Listen on Youtube. image The UK is poised to enter its second stage of reopening on April 12 as restaurants and bars re-open. The IMF on Tuesday this ...

HYCM Market Insights & Trading Tips

Week Ahead 12.04.21 by Giles Coghlan, Chief Currency Analyst, HYCM This week saw equity markets continue to move higher. The broad case remains that monetary stimulus and fiscal stimulus support will keep dip buyers engaged in the major indices. The ...

HYCM Market Insights & Trading Tips

RBA: Are they too negative? by Giles Coghlan, Chief Currency Analyst, HYCM The Reserve bank of Australia interest rate decision was as expected. The cash rate was kept at 0.10% and the 3 year bond yield target was also held at 0.10%. This was as ...

HYCM Market Insights & Trading Tips

Strong DAX seasonals by Giles Coghlan, Chief Currency Analyst, HYCM There is a general enthusiasm for German stocks despite the recent set back in terms of COVID-19 across the eurozone. Taking a look at the seasonals we have the following data from ...

HYCM Market Insights & Trading Tips

Seasonal Insights DAX 05.04.21 by Giles Coghlan, Chief Currency Analyst, HYCM image image Listen on Youtube The DAX is approaching a very strong time of year having risen every single year during April. Last year brought 13.80% returns, whilst ...

HYCM Market Insights & Trading Tips

Weakest start to the year for gold for twenty years by Giles Coghlan, Chief Currency Analyst, HYCM image Gold ETF’s are continuing to fall and the Fed is quite happy to see bond yields rise as a reflection of a more optimistic outlook. Rising ...

HYCM Market Insights & Trading Tips

Seasonal Insights S&P500 31.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM Time for S&P500 buyers? Listen on Youtube. image US President Biden has said that 90% of the US should be vaccinated by April 19. This fast rollout of the vaccine in ...

HYCM Market Insights & Trading Tips

Market Mood EURGBP 30.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM EURGBP sellers ahead? Listen on Youtube. image The UK has now vaccinated over 50% of the UK adult population. The UK stay at home order has now lifted and there are strong ...

HYCM Market Insights & Trading Tips

Four reasons oil faces headwinds by Giles Coghlan, Chief Currency Analyst, HYCM One of the key factors that has been driving the perceived inflation scare has been the rise in oil prices. However, there are a number reasons for oil’s rise to face ...

HYCM Market Insights & Trading Tips

Week Ahead 29.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM Risk markets hesitated early midweek as a string of negative news broke. Europe was struggling to distribute its vaccine, the third wave of COVID-19 threatened to slow down the ...

HYCM Market Insights & Trading Tips

Market Mood EURNZD 29.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM EURNZD sellers ahead? Listen on Youtube. image The eurozone is struggling to roll out vaccines and there is a growing risk of a third wave embracing the eurozone. This will ...

HYCM Market Insights & Trading Tips

Seasonal Insights FTSE 100 29.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest seasonal insights for the FTSE 100 on Youtube. image Medium-term buyers in major world indices are still expected due to the large US stimulus ...

HYCM Market Insights & Trading Tips

March central bank overview by Giles Coghlan, Chief Currency Analyst, HYCM Major central bank rundown The central banks are listed below with their current state of play. The link for each central bank is included in the title of the bank and the ...

HYCM Market Insights & Trading Tips

Understanding the USD as it changes with the narratives by Giles Coghlan, Chief Currency Analyst, HYCM At the start of the COVID-crisis, we saw the USD and US 10 year yields move in negative correlation to one another. When 10-year yields rose, the ...

HYCM Market Insights & Trading Tips