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Trade Reviews
Professional and technical analysis on products and past trades
SpaceX market cap advances as shares debut in public market
SpaceX surged 7.26% on its historic IPO debut, closing at $160.95 with an implied $2.1 trillion market capitalisation, marking Wall Street’s biggest public listing in history.
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.
Amazon breaks below key technical level as selling pressure persists
Amazon shares remain under pressure, down 11% from their record high, as strong US labour market data, inflation concerns, and rising tensions between Israel and Iran reinforce expectations of tighter Federal Reserve policy.
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.
Broadcom shares drop even after quarterly earnings report tops expectations
Broadcom shares fell sharply despite beating quarterly revenue and EPS estimates, as investors were disappointed by weaker-than-expected momentum in its custom artificial intelligence (AI) business. Management nevertheless remained confident in supply-chain stability and in the company’s AI chip development plans. Fundamentally, growth remains strong.
Oil market tightens as US crude stocks keep falling
The oil market is moving back into a more fragile position. US commercial crude inventories fell by around 7.97 million barrels last week, marking the sixth straight weekly draw and pushing crude reserves further below normal seasonal levels.
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.
Nasdaq closes at record high on strong Hewlett Packard results and tech rally
The Nasdaq hit a record high above 30,000, powered by Hewlett Packard's stellar earnings and an expansionary ISM Manufacturing PMI of 54. Heavyweights like Nvidia and Microsoft fuelled the rally.
