Kelvin Wong's Comment & Analysis
A complete archive of Kelvin Wong's articles, including current analysis & comment.
The recent three-week rally of 4.5% in the USD/JPY, from its 1 July 2025 low of 142.68 to the 16 July 2025 high of 149.19 (a three-month peak), has reached a potential inflection zone of...
A sector rotation took centre stage in the US stock market on Tuesday, 1 July, as investors pulled out of mega-cap technology stocks. The Nasdaq 100 slid -0.90%, underperforming significantly, while...
Canada U-Turn Boosts Risk Appetite in Asia
In today’s Asian session, market sentiment was lifted after Canada scrapped the digital tax on US firms and signalled readiness to resume trade talks. This...
Global markets experienced another volatile session on Monday, 23 June, swinging sharply from early risk-off sentiment to a late-session risk-on rally as fresh developments unfolded around the...
Tensions between Israel and Iran entered a fourth consecutive day on Monday, with no signs of de-escalation. The conflict has intensified fears of a broader regional crisis in the oil-rich Middle...
Gold (XAU/USD), a traditional safe haven, jumped 1% yesterday after rebounding off its 20-day moving average on 9 June. It added another 0.5% today, reaching a seven-day high of US$3,370, as...
US and Chinese officials have concluded two days of trade negotiations in London, reaching a preliminary agreement aimed at easing ongoing trade tensions.
The agreement outlines a framework to...
The price actions of the Germany 30 CFD Index (a proxy of the DAX futures) have staged an intraday loss of -0.4% from the start of today’s European opening session.
Interestingly, the ongoing...
Gold (XAU/USD) has staged an impressive positive performance of 19% in the first quarter of 2025, which even outperformed other cross asset classes, such as the US S&P 500 (-4.6%), US Dollar...
US President Trump reignited risk-on sentiment across global markets on 8 May, coinciding with the announcement of a US–UK trade deal framework. During a White House press Q&A, he hinted at the...