Trade Reviews
Professional and technical analysis on products and past trades
Nikkei reaches fresh record high amid robust economic releases
The Nikkei 225 climbed 2.53% to a historic record high of 66,329, propelled by better-than-expected Japanese economic data. Surpassing market forecasts, strong gains in retail sales, industrial production, and consumer confidence highlighted the economy's underlying resilience.

Gold increases on US-Iran peace deal hopes and test a key support area
Gold futures rose by 1.88%, driven by optimism surrounding a potential 60-day US-Iran ceasefire and a weakening US dollar. Despite US Personal Consumption Expenditures (PCE) inflation accelerating to 3.8%, the fact that the data matched market expectations, combined with the prospect of Middle Eastern peace, softened projections for aggressive Federal Reserve monetary tightening.

Australian inflation moderates; AUD/USD declines but keeps bullish structure
Australia's headline inflation cooled more than expected to 4.2% in April, easing pressure on the Reserve Bank of Australia (RBA) despite remaining above its 2%–3% target.

Gold declines as geopolitical tensions reinforce expectations of a hawkish Fed
Gold fell to $4,501 as US-Iran tensions raised inflation fears, bolstering the US dollar. Expectations of a hawkish Federal Reserve interest rate policy increased the opportunity cost for the non-yielding bullion, overshadowing its traditional safe-haven appeal despite gold maintaining a strong long-term bullish technical structure.

WTI falls on US-Iran optimism despite a sharp EIA crude inventory draw
WTI and Brent crude futures fell by 5.74% amid optimism over US-Iran diplomatic negotiations, overshadowing a massive EIA inventory draw of 7.864 million barrels.

British pound falls after UK unemployment rate exceeds forecasts
The British pound depreciated slightly as the UK unemployment rate climbed to 5.0%, compounding the policy dilemmas facing the Bank of England (BoE) amidst a 3.3% headline inflation rate and escalating Middle East energy risks.

Russell index falls as rising inflation risks pressure small caps
The Russell 2000 index faces selling pressure as rising Treasury yields and high energy prices intensify global inflation risks. Unprofitable, debt-reliant small caps are especially vulnerable to a higher-for-longer rate environment.

Gold falls as US bond yields and dollar rise amid growing inflation risks
Gold futures fell sharply by 2.63% as rising inflation risks drove US 10-year Treasury yields to 4.60% and boosted the dollar index. Elevated energy prices from US-Iran geopolitical friction have erased 2026 Fed rate cut expectations.

GBP/USD falls amid weak UK industrial production and political instability
The British pound has descended toward the $1.3400 threshold as lacklustre industrial production data and domestic political turmoil dampened investor appetite.

Euro retreats as strong US PPI and weak industrial output boost dollar
The euro faced renewed downward pressure against the US dollar following a sharp 2.1% contraction in Eurozone industrial production. In contrast, the US Producer Price Index (PPI) surged to 6% year-on-year (YoY), propelled by escalating gasoline costs linked to heightened geopolitical tensions in the Middle East.
