Filtered by date: 20.03.2020. Clear
  • Chart of the Day US500 (S&P500)

    Chart of the Day US500 (S&P500) US500 (S&P500) The Battle Goes On Let’s take what we can get these days. No matter how small, the S&P500’s 0.5% gain at closing, after another day of choppy trading, is nothing to sniff at, given the recent performance or lack thereof. Nasdaq was up more, closing 2.3%, as […]

  • The Friday Forex Takeaway – Episode 26

    Key Points From This Week Fed Makes Historic Rate Cut In response to the escalating COVID-19 outbreak, the Fed made the unprecedented move of cutting interest rates to 0% at the start of the week. In another unscheduled move which came ahead of the March FOMC meeting, the Fed noted that it will also increase […]

  • BOE Slashes Rates As London Avoids Lockdown

    London Avoids Lockdown It was a strange day in the City yesterday as many were expecting the PM to announce a 15 day shutdown in London. Media reports had been pointing towards such an announcement all week, citing source comments from within government. However, during the PM’s daily briefings, such a lockdown was not announced […]

  • Bullish Correction in Stocks is Likely to be Unstable

    Stock and forex markets show increased appetite to risk today despite accelerating pace of growth of the number of confirmed Covid-19 cases (+27256 or 12.43%, highest on record), stock markets including EM are recovering thanks to stabilization measures of the European and US Central Banks. Concerns about the global dollar liquidity shortage has subsided a little bit.

  • Daily Market Outlook, March 20, 2020

    Daily Market Outlook, March 20, 2020  Yesterday marked a busy market day packed with central bank actions that saw the Fed, BOE, RBA and BNM putting their available tools to good use in a bid to fight an oncoming recession.  Overnight, global stocks recovered some ground in response to these interventions. The Dow Jones rose […]

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

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

  • Daily Commodity Coverage: March 20, 2020

    USD/CAD What happened previously? USDCAD rallied and went past our 1st resistance. Our previous bearish call is still valid. What can we expect?  We are seeing price to reverse from 1st resistance at 1.47155 and there’s a overbought Stochastics providing support too. 1st support level is a confluence level of 1.113% Fibonacci extension, horizontal swing […]