• BOE Warns of UK Recession Over COVID-19

    The Bank of England maintaining policy at current levels at yesterday’s March meeting. On the back of two unscheduled rate cuts this month, as well as the restarting of QE, the meeting was not expected to see a further adjustment and instead, focus was on the bank’s assessment and outlook. BOE Expresses Concern For Economy […]

  • The Friday Forex Takeaway – Episode 27

    Key Points From This Week Fed Announces Uncapped QE Program The Federal Reserve stepped up its fight against the economic threat from COVID-19 this week. Following recently cutting rates to record lows of 0.25% and announcing a $750 billion QE program, the Fed announced this week that it will now be running unlimited QE. This […]

  • Chart of the Day US500 (S&P500)

    US500 (S&P500) Corrective Cycle Considerations News that the US Senate has approved the USD2tn stimulus package – that was in limbo for a while due to partisan disagreements – bolstered market sentiment overnight with the S&P500 posting a 17% three day gain. The bill is now in the House for reconciliation, with a vote set […]

  • Daily Market Outlook, March 27, 2020

    Daily Market Outlook, March 27, 2020  Yesterday, US weekly jobless claims figures provided the first evidence of the extent of the damage the coronavirus is having on the labour market. Claims soared from 300k to an unprecedented 3.3m. The previous record was 695k in 1982.  Despite the abysmal data, US equities rallied yesterday, with the […]

  • Narrowing Range in Oil Could Suggest Sweeping Move on the Cards

    Stock market euphoria, which is also expressed by a global dollar dump, does not resonate with crude oil: WTI trades in a narrowing range around the $23 mark, remaining unimpressed by the dollar weakness and rebound in risk assets.

  • Tickmill’s Investing Diva, EURUSD Daily Outlook 27-03-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.

  • Investors Eye US Unemployment Claims as the Extent of Covid-19 Shock Has Not Been Grasped Yet

    The US Dollar moved down on Thursday against majors, fueling demand for EM assets and partially reversing cash overweight in portfolios of market participants, which has been forming during the heightening of the epidemic.

  • COVID-19: Spanish Death Toll Surpasses China

    COVID-19 Death Toll Passes 20,000 Globally The pace of new coronavirus infections continues to rise globally and with it, so too does the death toll from the virus. In the US this week, the death till soared past 1000 while Spain moved up to second place in terms of the highest number of deaths from […]

  • The Crude Chronicles – Episode 31

    Oil Slide Pauses For Now Following weeks of heavy selling, WTI prices have seen some minor demand this week allowing prices to recover somewhat. The uptick in prices has been linked to the rally seen across risk markets this week as investors begin to digest the massive wave of central bank easing which has been […]

  • USD/RUB Targets the Level of 85

    Today we review the potential future of British pound and American stock index S&P500.

  • Daily Market Outlook, March 26, 2020

    Daily Market Outlook, March 26, 2020  The US market rose for a second straight session, though the gains were more modest yesterday. The S&P500 closed up 1.2%. Overnight, Asian-Pacific markets eked out some gains, but the Nikkei did fall by a sharp 4.5%. Against the uncertain economic backdrop, sentiment remains fragile.  The CBOE volatility Index […]

  • Tickmill’s Investing Diva, USDCAD Daily Outlook 26-03-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.

  • Daily Commodity Coverage: March 26, 2020

    USD/CAD What happened previously? USDCAD dropped nicely towards 1st support at 1.41528 and bounced from there.  Market is still gauging if the stock market stabilizes after the $2 tn stimulus plan. Panic in the market still exists which could push USD higher.  What can we expect?  We are seeing price to bounce further towards 1st […]

  • What is Quantitative Easing? Busting Myths

    The purpose of this post is to bust some common myths about the essence of Quantitative Easing (QE).

  • Tickmill’s Investing Diva, GBPJPY Daily Outlook 25-03-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.