Trade Reviews

Professional and technical analysis on products and past trades

Copper from tariff fears to structural demand

US warehouses are overflowing with copper, and the world’s biggest buyer (China) is closing up shop for the holidays. In a normal cycle, prices would crash. Instead, mining stocks are ripping higher.

12 Feb 2026, 13:26
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US dollar index reflects market uncertainty amid resilient jobs report

The US Dollar Index (DXY) closed the trading session with a "Doji" candlestick pattern, typically indicative of indecision within the market. Although January’s US employment data revealed notable resilience, market participants remain cautious, seeking further evidence of a sustained labour market recovery following a period of steady deterioration over the last four years.

12 Feb 2026, 04:11
DXY_ART_February11

The RBA hiking into a headwind

The Reserve Bank of Australia has officially detached itself from the global dovish consensus. By hiking the cash rate to 3.85% last week and effectively signaling a terminal rate of 4.2% by December.

11 Feb 2026, 12:53
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Nikkei hits record high as LDP victory lifts growth outlook

The Nikkei 225 index achieved a historic milestone, surging to a record high and accumulating a return of over 6% in just two trading sessions. This rally follows a landslide victory for the Liberal Democratic Party (LDP) in the Japanese general election, where the party secured a commanding supermajority in the Lower House.

10 Feb 2026, 05:52
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Yen weakens as financial uncertainty grows ahead of Japan’s Lower House election

The Japanese yen is currently navigating conflicting pressures between a government seeking to accelerate economic growth and a central bank attempting to anchor inflationary expectations. Consequently, the Japanese currency is once again approaching the critical ¥158 zone.

7 Feb 2026, 01:26
USDJPY_ART_February6

Pound slips as Bank of England leaves rates unchanged

The Bank of England (BoE) has elected to maintain its benchmark interest rate at 3.75%, highlighting a complex policy environment defined by persistent inflation and a cooling domestic economy. While price pressures remain elevated, the UK is experiencing growing weakness in both the labour market and consumer spending, complicating the path for future monetary intervention.

5 Feb 2026, 22:23
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Silver corrects 28%, profit taking and repricing in focus

Silver occupies an uncomfortable middle ground in the market. It is neither a pure monetary hedge like gold nor a straightforward industrial commodity. This dual identity amplifies volatility during transitional phases. When risk appetite fades, silver initially benefits from its precious-metal status. When liquidity tightens, it is treated as a high-beta asset and sold alongside risk.

2 Feb 2026, 13:24
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Dollar index advances on renewed confidence in Fed autonomy

The US Dollar Index (DXY) rebounded by 1.02% as market participants found optimistic in the Federal Reserve's potential independence following President Donald Trump’s nomination of Kevin Warsh as the next Fed Chair. In addition to political developments, the release of US Producer Price Index (PPI) data exceeded analyst forecasts, driving upward revisions for inflation expectations and bolstering the greenback's recovery.

31 Jan 2026, 18:51
Dollar 3_ART_January30

USD/CAD at a Crossroads

USD/CAD is starting to reflect more than just interest-rate differentials. The political overlay is where USD/CAD becomes more complex. Trump’s threat to impose 100% tariffs on Canadian exports if Ottawa deepens trade ties with China is not just rhetoric it is a direct warning shot.

28 Jan 2026, 12:48
USDCAD 11

Natural gas under winter pressure

The winter storm knocked out about 12% of US natural gas production, limiting supplies to power plants and households. Average output in the Lower 48 has fallen to around 106.9 bcfd so far in January from a record 109.7 bcfd in December. Gas flow to US LNG export plants dropped to the lowest level in a year.

27 Jan 2026, 13:40
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