Filtered by date: 17.06.2020. Clear
  • Will US Export and Import Volumes Rebound in May along with Retail Sales? Freight Data says it may not

    While the US retail sales posted a record monthly gain (+17.7%, 8% exp.) in May, the US foreign and domestic trade appears to be too slow to adjust to the unexpected jump, shows freight data for May.

  • Johnson Pushing For Brexit Trade Deal in July

    PM Rejoins Trade Talks With the UK and Eurozone member nations now moving swiftly out of lockdown, focus has begun to shift way from the battle against the virus and onto other fundamental matters. Among these, Brexit trade talks have returned to the limelight as both sides step up their calls for a deal to […]

  • BOJ Ramps Up Purchases, Warns Of Second Wave Risks

    The Bank of Japan this week reiterated its view that the Japanese economy, the third largest globally, is on course to gradually recover from the COVID-19 pandemic. In a bid to further support the recovery, the BOJ announced that it will be extending its corporate funding support from $700 billion (which the bank announced last […]

  • Daily Commodity Outlook, June 17  2020 

    Asian stocks were mixed on Wednesday as investors weighed the recent rally in risk assets alongside evidence of a U.S. economic recovery after the jump in U.S. retail sales.  S&P 500 futures slipped back early Wednesday trading after U.S. equities closed higher. Federal Reserve Chairman Jerome Powell said the U.S. economy may be bottoming out […]

  • Chart of the Day AUDNZD

    Chart of the Day AUDNZD AUDNZD Potential Reversal Zone – Probable Price Path Market sentiment remains positive, with equity markets have extended their gains from yesterday while global rates have moved higher and curves steeper. The USD is broadly stronger after a much better-than-expected retail sales release although most currency moves have been modest. Yesterday, […]

  • Daily Market Outlook, June 17, 2020

    Daily Market Outlook, June 17, 2020  Equity markets were mixed during the Asian market session after chalking significant gains yesterday boosted by a strong rebound in US retail sales as well as the Federal Reserve’s announcement that it would buy individual corporate bonds and President Trump’s proposal of a $1trn infrastructure initiative. A number of […]

  • Tickmill’s Investing Diva, AUDUSD Daily Outlook 17-06-20

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