Thomas Westwater | Analyst DFX | IG Australia

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Established 1974 320,000+ clients worldwide 17,000+ markets

Bitcoin rebound in doubt amid Crypto market woes as APAC markets eye risk-on session
Asia-Pacific markets look poised for gains on Friday after market sentiment surged overnight and BTC/USD faces a recently broken zone of support after rebounding from multi-year lows.
Thomas Westwater, Publication date : 2022-11-11T01:51:45+0000
Oil forecast: China virus curbs weigh on WTI but chart shows chance for breakout
Crude oil prices are under pressure as China increases lockdown measures as Covid spreads; a surprise build in US stockpiles and the restarting of a major US refinery pose headwinds and WTI prices extend drop.
Thomas Westwater, Publication date : 2022-11-10T04:38:00+0000
AUD/USD falls alongside iron ore and bitcoin as China ramps up lockdown measures
Asia-Pacific markets face a risk-off move after US stocks slip on bitcoin’s massive drop; China Covid lockdowns spread across key hubs, weighing on AUD and iron ore prices and AUD/USD fell from its 50-day SMA.
Thomas Westwater, Publication date : 2022-11-10T01:09:11+0000
Daily brief: USD/CNH upside eases ahead of Chinese economic data
Asia-Pacific markets eye higher open as US dollar falls overnight; China CPI and PPI inflation prints in focus after stimulus tool returns and USD/CNH rebound puts uptrend back on the cards above key EMA.
Thomas Westwater, Publication date : 2022-11-09T03:02:27+0000
Daily brief: USD/JPY biased to downside as Japan FX reserves remain plentiful
Japan’s FX reserves show around $43 billion used in intervention last month, per MoF and USD/JPY trades within Descending Triangle pattern as prices ease from October high.
Thomas Westwater, Publication date : 2022-11-08T05:29:42+0000
Daily brief: China trade balance in focus after iron ore prices rebound
China’s October trade data is on tap as a potential policy pivot underpins sentiment and AUD/USD eyes 50-day SMA after prices breakout from a Cup and Handle pattern.
Thomas Westwater, Publication date : 2022-11-07T02:17:39+0000
New Zealand dollar may rise against USD and AUD after job numbers impress
Asia-Pacific markets face mixed open on muted USD as traders prep for FOMC; New Zealand Q3 employment beats estimates, underpinning RBNZ rate hike bets and NZD/USD trades just below the 50-day SMA within a Cup and Handle pattern.
Thomas Westwater, Publication date : 2022-11-02T00:37:44+0000
Chinese yuan sees record one-day move on US dollar selling as industrial profits near
Asia-Pacific markets eye a mixed open after US stocks fall alongside US dollar; Chinese industrial profits are on tap as the yuan gains amid USD bank selling and USD/CNH may threaten the 7 psychological level as prices test MA.
Thomas Westwater, Publication date : 2022-10-27T00:26:42+0100
Meta plunges over 13% on grim earnings after Nasdaq sinks
Meta stocks fell over 13% in after-hours trading after Q3 earnings; revenue fell for the second straight quarter, and guidance disappoints and Nasdaq to come under more pressure amid broader tech sector misses.
Thomas Westwater, Publication date : 2022-10-27T00:15:49+0100
Australian dollar trails Chinese stocks lower despite Dow Jones gains
Asia-Pacific stocks look primed for gains, excluding embattled Chinese stocks; Australia’s federal budget is due tonight which may influence Aussie dollar sentiment and AUD/USD falls from trendline resistance.
Thomas Westwater, Publication date : 2022-10-25T03:10:16+0100
Daily brief: AUD/USD eyes Chinese GDP after Dow Jones surged amid risk-on move
A risk-on Wall Street rally on Friday sets a bright tone for Asia-Pacific markets; Chinese economic data to set the tone for APAC trading and AUD/USD pierced above a resistance level, putting focus on the October high.
Thomas Westwater, Publication date : 2022-10-24T01:46:16+0100
Gold prices eye US PMI, jobless claims data as FOMC members go dark
Gold prices fell last week as Treasury yields rose amid hawkish Fed speak; a FOMC blackout period puts economic data in focus for rate traders and US PMIs and weekly jobless claims data on the radar for bullion prices.
Thomas Westwater, Publication date : 2022-10-24T00:15:36+0100
USD/JPY trades above key level as investors await BoJ intervention
Asia-Pacific stocks face headwinds from higher Treasury yields to close the week and Japanese inflation data in focus as heavy volume of options trades set to expire.
Thomas Westwater, Publication date : 2022-10-21T03:44:05+0100
Gold bends the knee to rising yields and US dollar; will initial jobless claims spark rebound?
Gold prices remain under pressure in APAC trading as strong USD, higher yields weigh and XAU/USD is approaching critical levels that may dictate the near-term price direction.
Thomas Westwater, Publication date : 2022-10-20T05:46:41+0100
Japanese yen traders square up against MoF and BoJ as USD/JPY targets 150
A risk-off day for Asia-Pacific markets looks likely as USD gathers strength and Japanese economic data on tap as the BoJ and MoF’s patience gets strained.
Thomas Westwater, Publication date : 2022-10-20T01:50:36+0100
- 1
- 2
- 3
- 4
- 5
- Next ››
- Last ››

Thomas Westwater

Thomas has been with DailyFX, the partner site of IG offering leading FX news and analysis, since 2016. Thomas has been trading equities and ETF’s from 2015 and options from 2017 and acquires a Bachelor’s degree in Accounting.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You do not own or have any interest in the underlying asset. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please consider the Margin Trading Product Disclosure Statement (PDS), Risk Disclosure Notice and Target Market Determination before entering into any CFD transaction with us.

The value of shares, ETFs and ETCs bought through an IG share trading account can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

Please ensure you fully understand the risks and take care to manage your exposure.

The information on this website is prepared without considering your objectives, financial situation or needs. Consequently, you should consider the information in light of your objectives, financial situation and needs.

This website is operated by IG Australia Pty Ltd. IG Australia Pty Ltd is located on Level 32, Queen & Collins, 376-390 Collins Street, Melbourne, VIC 3000. ABN 93 096 585 410, Australian Financial Services Licence No. 515106. Derivatives Issuer Licence in New Zealand FSP No. 684191, NZBN 9429047618251.

The information on this site is not directed at residents of the United States or any particular country outside Australia or New Zealand and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.