Filtered by date: 12.06.2020. Clear
  • Positive eco Data in the US Economy – As Good as Described?

    Major US stock indices lost almost 5% on Thursday and the question arises whether this is the beginning of a bear market.

  • Why Are Equities Indices Reversing?

    US Equities Concede Gains Headlines and sentiment over the last month have been increasingly positive with and more optimism being attached to the tentative recovery underway in the US. However, if the recent stock market rally felt a little too good to be true, then price action over the last couple of days will have […]

  • Daily Commodity Outlook, June 12 2020 

    Asian stocks slumped on Friday after a rout on Wall Street. The U.S. equity market saw some sharp profit-taking sessions on Thursday as the resurgence of the second wave of infections indicates that the stock rally has gone too fast and too much. .U.S. futures rose after the biggest equity selloff on Wall Street since […]

  • Chart of The Day AUDUSD

    Chart of the Day AUDUSD AUDUSD Potential Reversal Zone – Probable Price Path A number of reasons have been put forward for the aggressive sell-off in risk assets, high on the list are the sobering economic outlook from the Fed yesterday, a reality check, and concern about the spread of COVID19 in the US. But […]

  • The Friday Forex Takeaway – Episode 38

    Key Points from This Week Fed Delivers Warning Message At the June FOMC this week, the Fed held its monetary policy at current levels. However, the statement and comments following the meeting were decidedly dovish with Fed chairman Powell warning the markets that the economic recovery from the covid-19 crisis would not be quick or […]

  • Daily Market Outlook, June 12, 2020

    Daily Market Outlook, June 12, 2020  Asian equities are lower this morning following big declines in the European and US market yesterday. However, most Asian markets have pared their earlier losses and European and US futures are mixed.  Reports attribute the sell-off to concerns about Wednesday’s comments from Fed Chair Powell that the economic recovery […]

  • Tickmill’s Investing Diva, GBPUSD Daily Outlook 12-06-20

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