Bank of Canada preview: Time to taper? by Giles Coghlan, Chief Currency Analyst, HYCM The Bank of Canada has developed a more optimistic outlook regarding its economic outlook. Heading into the latest meeting there were rumours of a very small rate ...

HYCM Market Insights & Trading Tips

Seasonal Insights Adidas 08.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM Is the perfect time to buy Adidas shares approaching? Listen on Youtube. image Adidas has risen higher for 10 years in a row between March 13 and May 06. The largest ...

HYCM Market Insights & Trading Tips

Has Copper overshot fundamentals? by Giles Coghlan, Chief Currency Analyst, HYCM Copper prices have been on a very strong rally in line with other commodities. image Futures markets had rallied above $9,000 a ton on the reflationary trade ...

HYCM Market Insights & Trading Tips

Market Mood Copper 05.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM Is Copper set for further falls in the near term? Listen on Youtube. image Copper has seen a strong sell-off this week as concerns rise about a faster than expected ...

HYCM Market Insights & Trading Tips

Week Ahead 08.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM This week saw continued focus on the rise of global bond yields. US 10 year yields starting rising again midweek on both better than expected data and news that the US could ...

HYCM Market Insights & Trading Tips

Gold: 5 reasons it is hard to be a bull by Giles Coghlan, Chief Currency Analyst, HYCM Over the last few weeks, it has hard to be positive about the outlook for gold. The key reasons are: 1. The vaccine inspired sell-off Look at the way gold sold ...

HYCM Market Insights & Trading Tips

Seasonal Insights DAX 04.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM Is the Dax set for gains? Listen on Youtube. image The Dax is approaching a strong time of year. With a large stimulus package planned for the US, global vaccine ...

HYCM Market Insights & Trading Tips

Seasonal strength ahead for the Nikkei by Giles Coghlan, Chief Currency Analyst, HYCM One of the questions that keeps getting pushed and pulled around in the market is whether this recent run in equities is coming to an end. Or, if not an end, then ...

HYCM Market Insights & Trading Tips

RBA: Holding the line by Giles Coghlan, Chief Currency Analyst, HYCM What did the RBA statement tell us? Firstly, there were no surprises from the RBA’s rate decision. The Cash rate and the 3-year yield target were both were kept at 0.10%. The level ...

HYCM Market Insights & Trading Tips

Seasonal Insights Coca-Cola 02.03.21 by Giles Coghlan, Chief Currency Analyst, HYCM Is Coca-Cola set for gains? Listen on Youtube image The Coca-Cola Company is an American multinational beverage corporation incorporated under Delaware’s General ...

HYCM Market Insights & Trading Tips

Why the RBNZ faces political pressure from it’s housing market by Giles Coghlan, Chief Currency Analyst, HYCM In the last RBNZ rate decision, the RBNZ has been needing to reference the housing market in their monetary policy decisions. This is not a ...

HYCM Market Insights & Trading Tips

Learning from history: Why stocks may be about to correct by Giles Coghlan, Chief Currency Analyst, HYCM An interesting Bloomberg piece has come out recently showing the relationship between rising commodity prices and stock market corrections. Here ...

HYCM Market Insights & Trading Tips

Market Mood WTI Crude Oil 26.02.21 by Giles Coghlan, Chief Currency Analyst, HYCM Will we see oil sellers entering today before OPEC next week? Listen on Youtube. image Oil prices will be looking at next weeks OPEC meeting to set near term ...

HYCM Market Insights & Trading Tips

RBNZ statement: NZD strength ahead by Giles Coghlan, Chief Currency Analyst, HYCM There were no major changes in the latest RBNZ meeting and Governor Orr did his part to try and talk down the NZD. The key issue for New Zealand is if their economy ...

HYCM Market Insights & Trading Tips

How to manage Bitcoin longs? (part 2) by Giles Coghlan, Chief Currency Analyst, HYCM This post is a follow up for those still long from the end of last year. The first part can be found here. Sometimes a trade comes along that really hits it out of ...

HYCM Market Insights & Trading Tips

Market Mood S&P500 25.02.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the S&P500 on Youtube. image The latest comments from Fed’s Chair Jerome Powell confirm the Fed’s bearish stance. Jerome Powell has ...

HYCM Market Insights & Trading Tips

Market Mood USOIL 24.02.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the USOIL on Youtube. image US crude has been very strong this year rising about 25%. The reasons for this have been as follows: Saudi ...

HYCM Market Insights & Trading Tips

FTSE 100: Mind the gap! by Giles Coghlan, Chief Currency Analyst, HYCM image The FTSE 100 has reasons for strength and that is due to the following factors: Brexit is now behind the UK. A ‘no-deal’ Brexit has been avoided which means that those ...

HYCM Market Insights & Trading Tips

Market Mood Dow Jones 23.02.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the Dow Jones on Youtube. image US Stocks are supported by a number of factors right now. The Federal Reserve is keeping interest ...

HYCM Market Insights & Trading Tips

What’s the RBNZ’s move tomorrow? by Giles Coghlan, Chief Currency Analyst, HYCM The RBNZ is going to meet at 01:00 tomorrow (February 24). Afterwards, the RBNZ will hold a press conference at 0200. The most likely result is that the RBNZ will have ...

HYCM Market Insights & Trading Tips