Filtered by date: 11.06.2020. Clear
  • Key Points from the June Fed Meeting. Decisive “no” to NIRP

    After the NFP report in May, which shook positions of even the most convinced doomsayers, it was really difficult to eradicate the hunch that the trajectory of US recovery will take the form of V. The Fed yesterday put an end to those suspicions, which become a formal signal for sell-off today.

  • Chart of the Day EURUSD

    Chart of the Day EURUSD EURUSD Potential Reversal Zone – Probable Price Path The 18-19 June EU summit will be a key driver of EUR outlook over the coming months. A compromise on the EU recovery fund that would espouse solidarity among member  states.  This Should Achieve  two  objectives. The  first  is  a  meaningful  increase  […]

  • Daily Commodity Outlook, June 11 2020

    Asian stocks slipped on Thursday after the Powell painted a long road ahead for the largest economy to recover from the economic damage due to the Covic-19, a contrast with the V-shaped recovery in U.S. equity. Mr Powell dampened expectations for a rapid rebound in the world’s most important economy after the coronavirus pandemic forced […]

  • The Crude Chronicles – Episode 42

    Stifled Action Despite Important Developments It’s been an interesting week for oil albeit a somewhat frustrating once as despite some key developments we haven’t seen much market movement. OPEC+ agreed to extend the current production cuts by a further month at a special meeting held this week. The extension was well signalled and did little […]

  • Daily Market Outlook, June 11, 2020 

    Daily Market Outlook, June 11, 2020  Market participants initially cheered the fact that the US Federal Reserve voted unanimously to keep the federal funds target rate in a range of 0.00% to 0.25%. It also indicated no changes to the borrowing costs through 2022. The Fed also said it would keep buying bonds, targeting $80 […]

  • Russian Ruble: The Calm Before the Storm or Summer Break?

    The USD/RUB pair is trying to bring a volatility to the minimum, forming only small daily candles in the narrow range for now.

  • Tickmill’s Investing Diva, NZDJPY Daily Outlook 11-06-20

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