Filtered by date: 08.05.2020. Clear
  • Oil Market and NFP Data Preview: What you Should Know Today

    The oil market found solid foothold from the output cuts by members of the OPEC+ pact, the nearest Brent contract has traded just above $30 per barrel while market contango has considerably reduced.

  • BOE Warns Of Historic Economic Crash

    Unprecedented Recession The Bank of England had a stark message for the market when it met for its May monetary policy meeting this week. Despite holding policy unchanged at current levels, the BOE warned that the UK economy is due for an “unprecedented” crash, not seen since 1706. While the decision to keep rates on […]

  • The Friday Forex Takeaway – Episode 33

    Key Points From This Week US/China Tensions Increase Relations between the US and China have deteriorated once again this week in the wake of accusations made by the US against China with both Trump and secretary of state Mike Pompeo claiming to have seen evidence that COVID-19 was created in a Chinese lab. Markets had […]

  • Chart of the Day AUDJPY

    Chart of the Day AUDJPY AUDJPY Bullish – Probable Price Path Wall Street appeared to be impervious to the rising number of US infections as market players focused on the prospect of US-China trade talks on telephone next week (after Trump tweeted “now they have to buy…if they don’t buy, we’ll terminate the deal, very […]

  • Daily Commodity Outlook, May 8, 2020

    Markets remain risk-on on Friday morning following a strong session in the U.S.  On Thursday, U.S. stocks advanced for the third time this week, with the S&P 500 climbing more than 1% and the Nasdaq wiping out its losses for the year. Optimism focused on trade as U.S. and Chinese negotiators plan to meet next […]

  • Daily Market Outlook, May 08, 2020

    Daily Market Outlook, May 08, 2020  Equity markets have had another good night overnight (S&P500 futures +1%). The big news has been in the US rates market, where the market has, for the first time, started to price a negative Fed funds rate (-0.02% by the end of the year). The USD has fallen broadly […]

  • Tickmill’s Investing Diva, USDCAD Daily Outlook 08-05-20

    Catch up on all the latest updates on global markets by following Tickmill’s Investing Diva Daily Market Outlook.