Filtered by date: 20.05.2020. Clear
  • Chart of the Day XAUUSD (Gold)

    Chart of the Day XAUUSD (Gold) XAUUSD (Gold) momentum divergence to be addressed – Probable Price Path Gold firmed on Wednesday buoyed by rising demand for safe-haven investments, as the extent of damage from the coronavirus became more apparent following bleak data from major economies and optimism about a potential vaccine fizzled out. Spot gold […]

  • US Administration Accused of Risking Workers’ Lives

    Diverging Views It is fair to say that the relationship between the Fed and the US administration has not been a particularly pleasant one over the course of the current presidency. Following Powell’s appointment as Fed chairman, Trump has consistently criticised both the central bank and Powell personally for now acting to ease monetary policy […]

  • UK Data Goes From Bad To Worse

    Inflation Lowest Since 2016 UK inflation fell by almost half last month, tumbling from 1.5% in March to just 0.8% in April as the COVID-19 fallout continues to wreak havoc on the economy. The decline has taken inflation back to its lowest level since mid-2016 and highlights the heavy downside drag being caused by the […]

  • Daily Commodity Outlook, May 20 2020

    Stocks in Asia were mixed on Wednesday as concerns emerged that the Moderna vaccine study is still in its very early stages. There seems to be a long way to go before we can beat the coronavirus. Treasuries advanced higher.U.S.-China tensions remain on investors’ radar. Nasdaq is set to unveil new rules for IPO including […]

  • Daily Market Outlook, May 20, 2020

    Daily Market Outlook, May 20, 2020  Asian equity market mixed this morning following declines in US and European markets yesterday. US Fed Chair Powell, in testimony to Congress, called for more fiscal stimulus. White House advisor Kudlow said the administration was looking at a potential corporate tax cut but Republican Senate leaders said they were […]

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

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