The USD continues to increase, although the momentum seems to be waning as market participants are in a wait-and-see regime ahead of the Federal Reserve’s (Fed) next meeting.  On Wednesday, the critical Federal Open Market Committee (FOMC) meeting will conclude, and since Jerome Powell failed to deliver a dovish turnaround at his last speech, investors...

The big oil rally seems to be far from over, and the WTI (West Texas Intermediate) benchmark rose above 67.50 USD on Monday for the first time since October 2018. Offshore oil and gas development is set to recover from the shock that prices and demand went through due to the pandemic. It’s also set...

US yields are seeing another day of highs. The US 10-year yield rose to fresh cycle highs on Monday and was trading slightly below the 1.4% handle as traders keep dumping bonds due to inflation expectations.  Based on Federal Reserve (Fed) funds futures markets, the chances of a 0.25% Fed rate hike by the end...

Over the previous days and weeks, we've seen some severe "spikes" in longer-term US yields, while short-term yields remain depressed near record lows. The yield curve has steepened notably, which has always been a bearish sign for the overall economy and financial markets.  The US 30-year yield rose back to a 2-handle, above 2%, the highest...

As the year 2020 has come to end, a lot of Forex brokers have updated their traders’ unprofitability numbers as required by the ESMA regulations. Even though these numbers have to be updated by Forex/ CFD brokers on a quarterly basis, not all regulated European brokers do that regularly. However, the vast majority of brokers already refreshed their risk warning, so we can finally check the updates.  We suppose the percentage displayed by brokers includes the number of all losing accounts divided by the number of all...

As of Wednesday, West Texas Intermediate (WTI) crude oil has been seeing gains for eight consecutive days, and at the time of writing is trading near 58.60 USD. Oil gained 135% in February alone, making it one of the best-performing commodities.  Last April, WTI dropped below zero with the subsequent front-month contract trading at around...

When we look back on 2020, we’ll probably remember COVID-19, the sudden virus outbreak that tanked markets and crashed economies. The future looked painfully uncertain, and it dramatically affected almost every aspect of our normal everyday life.  Despite the dark clouds and many weathered storms, 2020 had its share of silver linings too. For millions...

Monday's euphoria in the financial market seems to be over as silver is down 5% on Tuesday, while gold was trading 0.5% weaker during the London session. Precious metals usually drop when banks start selling paper, silver, and gold futures – this is what we witnessed today. With demand for physical silver going through the...

It’s been a roller coaster ride of a year for the financial markets, with crashes, losses, and unprecedented volatility.  West Texas Intermediate (WTI) crude oil prices went negative at one point and still trail below 50 USD. The USD took a big hit, along with the GBP and EUR. The Forex market remained uncertain for most...

Internet adoption has more than doubled globally since 2010, however, the majority of countries with lower rates of internet access are in Africa, according to the World Economic Forum. In Ghana specifically, DataReportal’s figures in January 2020 claim that while internet penetration sat at 48% of the population, mobile connections in the country stood equivalent to 130% of...