commodities short squeeze

Matt Felsman

Last week we saw a flood of Chinese data providing evidence that the world’s second-largest economy is stabilizing, with the improving economic data fueling a surge in raw material prices. In the last week the Shenzhen Composite registered a new Bull Market 20% signal, BHP put on 19%, Fortescue added... Show More

Mathan Somasundaram

Aussie market started slightly positive and then gave up the optimism as we saw in the US market on Friday. US reporting starts tonight with Alcoa while AWC trading showed today that the negative sentiment is strong. AUDUSD seems to be running out of puff with weak US reporting season... Show More

Mathan Somasundaram

Aussie market opened negative and kept on falling with global investor selling before recovering some of the losses in the back end of the day. The move by China to allow Yuan to devaluate with the falling growth outlook is how the free market was expected to work. But in... Show More