Author: Mark Sturdy

The Commodity Specialist view – Last year’s acceleration upward in Sugar prices to a September peak was initially succeeded by bear enthusiasm. This faded in Q4 of 2009 and a bull resurgence has seen new highs,...

Gilt selling is spirited, buying is muted. The Gilt’s many lives seem to have finally run out.The Technical Trader’s view: WEEKLY CHART The drama of the Gilt is three-fold: First, the repeated failure of the market...

The Gilt remains in a trading range that has dominated the market since June of this year and may yet persist further. But in recent weeks the market has rejected an attempt to break through the highs and is now within striking...

The FX Trader’s view – Over the last few months the US Dollar Index has continued to grind lower, recently reaching/eroding a long term 76.4% ‘support’ level. Subsequent to this there has been a positive...

The Commodity Specialist view – The uptrend in Gold over the last few months was characterized by steady acceleration and muted setbacks. The 27-Nov Dubai sell-off, albeit brief, suggested growing fragility and, after...

The pre-budget report was never going to announce any measure that risked upsetting the already slim chance of Labour’s re-election. The markets seem to understand this and have decided that the Pound should be given the...

The FX Trader’s view – The 2009 uptrend in EUR/USD has struggled recently, coinciding with the test of a 76.4% recovery level. There seems to be something in the wind, but the bears need to produce more before we can...

The Commodity Specialist view – In respect of the current climate conference we take a look at Rough Rice futures (CBOT), with prices influenced by inclement weather – the possible result of climate change. This was...

The FX Trader’s view – For the last few months the EUR/JPY cross rate has been range-trading, unable to push above key overhead resistance. Just recently there was a clear break of a key support area, tipping the...