Filtered by date: 31.03.2020. Clear
  • Asian Data and Effective Lockdowns Spur Risk-taking in Stocks, Crimping Safe Heavens

    The growth rate of confirmed cases of Covid-19 in major dew3w2veloped countries (Eurozone economies, US) extended weeklong decline. Coupled with a bounce oil they fueled risk-taking in stock markets, causing more pressure on safe heavens, such as Yen, Gold, CHF.

  • China Manuafcturing PMI Rebounds Strongly in March

    Data released overnight caught the market by surprise as the Chinese manufacturing PMI came in stronger than expected in March at 52 versus analyst expectations for a reading of 45. With the outbreak of COVID-19 leading to nationwide shutdowns, the manufacturing sector had fallen to an all time low of 35.7 over the prior month. […]

  • The IndeX Files – 31-03-2020

    Central Bank Easing Supports Markets Global equities benchmarks have seen broad buying across recent sessions with many indices still holding near the top of last week’s rally. Investors finally found some comfort in the vast swathe of central bank easing announced over March, allowing equities prices to recover some of the steep losses suffered over […]

  • Chart of the Day NZDJPY

    Chart of the Day NZDJPY NZDJPY Running Out Of Steam The broad USD steadied after consecutive days of decline, with the DXY index back above the 99.00 mark. The greenback saw gains against the EUR complex, with the EUR retreating back towards the 1.1000 handle, and the GBP below 1.2400. CAD underperformed across the board […]

  • Daily Commodity Coverage: March 31, 2020

    USD/CAD What happened previously? USD liquidity issues are largely improved as Senate passes massive $2 trillion coronavirus spending bill. Equity market see signs of recovery.  USD rebounded and is near previous horizontal overlap resistance level.   What can we expect?  We are seeing price to test 1st resistance at 1.42896 and there’s a oversold Stochastics providing […]

  • Daily Market Outlook, March 31, 2020

    Daily Market Outlook, March 31, 2020  The Asian market is generally up this morning. However, the gains are relatively modest despite a sizeable rise on Wall Street yesterday and better than expected PMI data from China overnight. Meanwhile, crude oil prices remained under pressure with Brent crude hovering around $23bbl (close to a 20-year low).  […]

  • Tickmill’s Investing Diva, NZDJPY Daily Outlook 31-03-20

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

  • Sudden PBOC Easing Tweak Puts the Specter of Debt Crisis into the Foreground

    The specter of the China debt crisis, which for some time dropped off market radar due to the shifting of the epicenter of Covid-19 outbreak outside the country, again reminded about itself after the central bank unexpectedly took stabilization measures.

  • Precious Metals Monday 30-03-2020

    Gold The gold market saw a dramatic recovery last week, with price rallying almost 11% on the week. Price has now recovered more than 13% off the 2020 lows. Last week marked a shift in investor sentiment as asset price began recovering in the wake of the latest central bank easing announced last week. The […]

  • The Investment Bank Outlook 30-03-2020

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • Chart of the Day EURUSD, GBPUSD, USDCAD

    Chart of the Day EURUSD, GBPUSD, USDCAD USD Weekly Key Reversal US equities suffered a late-Friday plunge to close 3.4%. On a weekly basis, however, it posted a 10% uptick, which is the biggest gain since 2009. Oil price remains in the doldrums, however, with WTI down 4.8% on Friday to trade at $21.5bbl. American […]

  • Daily Market Outlook, March 30, 2020

    Daily Market Outlook, March 30, 2020  The global financial market has started the week on the back foot as concerns over a prolonged fight against the coronavirus continues to weigh on sentiment. Most Asian equity markets are down this morning, albeit they are off their lows following China’s central bank’s decision to cut the interest […]

  • Is the Euro About to Jump? Is this Only the Beginning?

    Today we review the potential future of Euro and British pound as well as discuss the cross-rate of EUR/GBP.

  • Tickmill’s Investing Diva, AUDJPY Daily Outlook 30-03-20

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

  • Weekly Market Outlook 30-03-20

    In this Weekly Market Outlook 23-03-20, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!  Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the […]