Support 
Trade Reviews
Professional and technical analysis on products and past trades
Brent approaches $80 amid growing hopes of Strait of Hormuz reopening
Brent crude oil approached the $81 mark, touching levels not seen since early March 2026. Prices gained ground as market participants weighed the implementation of a ceasefire agreement between Israel and Hezbollah against the highly anticipated reopening of the critical Strait of Hormuz maritime chokepoint.
Canadian PPI hits multi-year high, signalling inflation pressures; USD/CAD advances
The USD/CAD currency pair advanced to 1.4128 as a soaring Canadian Producer Price Index (PPI) reached 13.6% year-on-year, driven primarily by energy supply disruptions in the Middle East.
UK inflation holds steady as GBP/USD falls sharply
UK inflation remained at 2.8% in May, below expectations, easing pressure on the Bank of England ahead of its policy meeting. However, core inflation edged higher and sterling fell by 1% against the dollar as the Federal Reserve’s hawkish stance widened policy divergence.
Nikkei reaches new record as BoJ intensifies its restrictive stance
The Nikkei 225 achieved a fresh record high after the Bank of Japan raised interest rates to 1%, marking its highest borrowing cost since 1995 and signalled potential further tightening to contain persistent inflationary pressures. Despite this hawkish policy stance, equities advanced.
Dow Jones hits record high on optimism over US–Iran peace deal
The Dow Jones reached a record high as optimism surrounding a preliminary US–Iran peace deal improved risk sentiment and reduced market volatility. Lower expectations of Federal Reserve rate hikes provided additional support.
Nikkei under pressure amid rising producer prices and geopolitical instability
Japan’s Nikkei 225 retreated as producer prices surged to their highest level since March 2023, increasing pressure on the Bank of Japan amid yen weakness above ¥160 per dollar. Escalating tensions in the Middle East also weighed on market sentiment.
Gold breaks below key technical level as hawkish Fed expectations rise
Gold fell below a key technical support level as rising expectations of a more hawkish Federal Reserve outweighed safe-haven demand arising from tensions in the Middle East. Higher implied odds of further rate increases added pressure to bullion, which closed at $4,282.
Gold slips as Middle East risk shifts back
Gold moved lower after Iran-backed Hezbollah rejected a US-mediated proposal, a reminder that the metal is not reacting to geopolitics in a simple way anymore.
Dow Jones declines as strong economic data reinforces hawkish Fed expectations
The Dow Jones fell 1.21% to 50,692 as strong US employment and services data signalled economic resilience. Combined with a sharp drop in US crude inventories that pushed oil prices toward $97, rising inflation risks have lowered rate-cut expectations, driving fears of a more restrictive Federal Reserve stance later in 2026.
Eurozone inflation accelerates, but uncertainty keeps EUR/USD range-bound
Eurozone inflation spiked in May, with headline CPI reaching 3.2% and core CPI hitting 2.5%, driven by a 10.9% surge in energy costs linked to Middle East conflicts. Despite hawkish central bank rhetoric, the EUR/USD remains range-bound near 1.1628 as neutral technical indicators reflect deep market uncertainty.
