Filtered by date: 09.06.2020. Clear
  • USD: Downside Trend on Pause?

    The US Dollar hit a serious obstacle during decline on Monday which apparently helped bulls to gain control on Tuesday.

  • World Bank Slashes Global Growth Forecasts

    Lower Projections Cited The World Bank has released its latest set of economic growth forecasts for the year and is now projecting a deeper downturn than previously forecasted. The “June 2020 Global Economic Prospects” release comes just days after an explosive US jobs number which raised questions over the current economic projections, namely whether the […]

  • Chart of the Day EURJPY

    Chart of the Day EURJPY EURJPY Playing An Impulse Pullback – Probable Price Path The irony of the US being in an official recession, but the S&P500 wiping out its 2020 losses! Global risk momentum remained largely intact overnight as Nasdaq hit a record and the S&P500 erased 2020 losses on recovery hopes even as […]

  • The IndeX Files 09-06-2020

    US Jobs Number Raises Recovery Hopes While global equities benchmarks remain broadly supported, upside momentum has stalled a little this week following a bumper US jobs report on Friday. The NFP for May came in at a record 2.5 million. This reading was in stark contrast to the -7.5 million figure expected and reflects a […]

  • Daily Market Outlook, June 9, 2020 

    Daily Market Outlook, June 9, 2020  US S&P equity index erases 2020 losses, although sentiment was more mixed during the Asian session despite Wall Street closing at a 15-week high. Japanese markets in particular were weighed down by news that North Korea is cutting contacts with South Korea.  In the UK, the British Retail Consortium […]

  • Tickmill’s Investing Diva, Daily GBPUSD Outlook 09-06-20

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

  • Daily Commodity Outlook, June 9 2020

    Asian stocks turned mixed after another strong rally in the U.S. session. Investors are weighing whether the global rally may be excessive given still-poor economic conditions. Treasuries and the yen are on the rise. The market is quite mixed or even skewed to the negative side as the rich valuation is capping investors’ confidence. The […]