Filtered by date: 12.05.2020. Clear
  • Raising Price, Cutting Output: Mixed Signals from Saudi Arabia

    Saudi Arabia underpinned oil mood on Monday announcing additional output cut by 1 million bpd. starting in June.

  • Further SNB Easing Expected As CHF Soars

    Jordan Says CHF Facing “Enormous” Pressure The Swiss National Bank looks set to ease further this month. Speaking this week, the SNB chief Thomas Jordan told newspaper that the SNB is under “enormous” pressure due to the safe haven inflows inflation the currency’s strength. The SNB spent most of last year warning that trade-war related […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD EURUSD Playing The Triangle – Probable Price Path Despite US president Trump’s comment that “we have prevailed” on Covid-19 testing, related deaths exceeded 80,000 and the White House has now ordered all entrants to the West Wing to wear a face mask. The WHO also warned that the transmission risk […]

  • Daily Commodity Outlook, May 12 2020

    Asian stocks drifted lower Tuesday alongside U.S. futures as investors weighed the challenges economies face removing restrictions to contain the coronavirus pandemic. New York Governor Andrew Cuomo said businesses including construction, curbside retail, drive-in movies and some recreational activities will reopen this week on a regional basis. South Korea reported a second wave of infections, […]

  • The IndeX Files 12-05-2020

    Recovery To Take Longer Than Thought? Global equities benchmarks have been broadly supported, with indices across the US, Europe and Asia, trading in the green this week. However, upside momentum has been weakened and moved so far have bee shallow. The fundamental backdrop continues to be driven by the shift in focus towards the recovery […]

  • Daily Market Outlook, May 12, 2020 

    Daily Market Outlook, May 12, 2020  Market risk sentiment and prices are chopping around within ranges, near-term price action reacting to headlines within that process. Tensions between the US and China and evidence of a ‘second wave’ of Covid-19 cases in China and South Korea were seen as contributing to the current bout of negativity.  […]

  • Tickmill’s Investing Diva, NZDUSD Daily Outlook 12-05-20

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