Trade Reviews

Professional and technical analysis on products and past trades

Micron joins the trillion-dollar club as AI memory becomes the new bottleneck

Micron has now reached a market valuation above $1 trillion, while its share price is trading close to the $1,000 mark, after a surge driven by demand for high-bandwidth memory and tighter supply across the memory market.

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.

Nvidia record quarter still leaves investors asking how long the AI boom can run

Nvidia delivered another quarter that would be hard to call anything other than exceptional. Revenue hit a fresh record, profits surged, data-centre demand stayed strong, and the company announced another huge buyback.

Nvidia shares slip despite strong Q1 revenue growth and solid Q2 outlook

Nvidia Corporation’s shares declined by 1.77% to close at $219.51, despite the company exceeding first-quarter fiscal expectations with $81.61 billion in revenue and earnings per share (EPS) of $1.87. Alongside these robust financial results, the semiconductor giant demonstrated significant year-on-year growth and announced a substantial $80 billion shares buyback program.

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.