Filtered by date: 14.05.2020. Clear
  • FX Beats: Major Pairs Outlook

    Jay Powell’s testimonial on Tuesday demonstrated the Fed’s intransigent position towards negative interest rates in the US. Meanwhile the assessment of economic prospects was rather gloomy, which together with NIRP comments resulted in a rather unbalanced and unusually dovish communication for a traditional centrist (which Jay Powell is), which disappointed market.

  • Fed’s Powell Rules Out Negative Rates During Dire Economic Warning

    Powell Warns Of Long Road To Recovery Amidst a backdrop of increased expectation that the Federal Reserve might be considering moving into negative territory on rates, Fed chairman Jerome Powell quashed this prospect yesterday. Speaking at the Peterson Institute for International Economics yesterday evening, Powell gave his latest economic outlook and addressed the Fed’s monetary […]

  • Chart of the Day XAUUSD

    Chart of the Day XAUUSD XAUUSD Triangle Play – Probable Price Path Fed chair Powell’s warning that US outlook is “both highly uncertain and subject to significant downside risks” and “additional fiscal support could be costly, but worth it” succeeded in dampening investor risk appetite overnight. He also dismissed negative rates as “not something that […]

  • Daily Commodity Outlook, May 14 2020

    Asian stock markets dropped and bonds were in demand on Thursday as worries grew about the second wave of coronavirus infections. Earlier on Wednesday night, Federal Reserve Chair Jerome H. Powell gave a dire warning Wednesday that the U.S. economy could become stuck in a painful multiyear recession if Congress and the White House do […]

  • The Crude Chronicles -Episode 38

    Oil Recovery Rally Loses Steam The oil market has seen a week of heavily reduced volatility compared with  price movements registered over the prior weeks. In the aftermath of the heavy selling which rocked the market just three weeks ago, WTI has since recovered and traded higher, reversing some of these losses. However, the recovery […]

  • Daily Market Outlook, May 14, 2020

    Daily Market Outlook, May 14, 2020  Asian equity market is down this morning following declines in US and European markets yesterday. Concerns about the size of the economic impact of the Covid-19 pandemic and indications of growing tensions between the US and China were cited as reasons for the weakness.  In the US, Fed Chair […]

  • Gold Remains Inside Symmetrical Triangle: What’s Next?

    Today we review the potential future of gold, British pound, and currency pair USD/CAD.

  • Tickmill’s Investing Diva, AUDJPY Daily Outlook 14-05-20

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