Filtered by date: 09.04.2020. Clear
  • Fed Economic Update, “Ugly” China Recovery: Economic Commentary – April 9, 2020

    Fed Chairman Jeremy Powell, the sponsor of “liquidity banquet” on the US money markets ensured that the Fed did not skimp on supply of credit resources.

  • Does The COVID-19 Crisis Threaten The Euro-Zone?

    Echoes of Former Crises The Current crisis stemming from the ongoing spread of COVID-19 has once again shone a light on the tensions within the Euro-zone and the fault lines which run through the European project. Such episodes are not uncommon for the Euro-zone, even looking back beyond the most recent Brexit situation, we saw […]

  • The Crude Chronicles – Episode 33

    Oil Demand Decimated by Covid-19 Disruption Following the mild recovery seen in WTI price action last week, momentum has stalled with oil prices trading roughly flat so far on the week. The main driver for oil prices remains the ongoing COVID-19 situation. While risk assets, generally speaking, have been able to reclaim some higher ground […]

  • Chart of the Day US500 (S&P500)

    Chart of the Day US500 (S&P500) US500 (S&P500) – Probable Price Paths Global risk sentiments improved overnight on hints that Russia may be ready to cut its oil output by 1.6mbpd and Algeria confirmed that the OPEC+ meeting will proceed today and consider a 10mbpd cut. The March FOMC minutes revealed that the worst case […]

  • Daily Market Outlook, April 9, 2020

    Daily Market Outlook, April 9, 2020  The Asian equity market is mostly up (apart from Japan) after further strong gains on Wall Street yesterday.  The Brent crude oil price is holding above $33bbl in hopes that today’s meeting of oil producers will agree on significant output cuts.  The number of confirmed global coronavirus cases has […]

  • Will the USD/RUB Jump or Drop Against the OPEC+ Decision?

    Today we review the potential future of Russian ruble, oil and British pound.

  • Tickmill’s Investing Diva, USDCAD Daily Outlook 09-04-20

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

  • Daily Commodity Coverage: April 9, 2020

    USD/CAD What happened previously? The USD ended Wednesday flat due to uncertainty whether the coronavirus pandemic may soon peak or not. Today the focus of the market is on the release of U.S. initial weekly jobless claims due later today. Meanwhile, CAD is also awaiting important announcement from OPEC+ meeting due later today. There’s currently […]