Filtered by date: 25.06.2020. Clear
  • Infection Spike in Texas and California Creates “Asymmetric” Expectations About new Lockdowns

    A further decline in US stock indices and strengthening of USD are expected due to expectations that infection spike may continue to gain traction.

  • Daily Commodity Outlook, June 25 2020

    Asian stocks dropped amid worries about a resurgence in virus cases in  many U.S. states. Japanese, Australian and Korean shares were all down more than 1%. China and Hong Kong are closed for holidays. Futures on the S&P 500 dipped as well as the worries over second infections dampened. The risk-off sentiment is coming back […]

  • The Crude Chronicles – Episode 44

    Weakening Risk Sentiment Subdues Oil Recovery The CFTC COT report for the week through June 15th shows that the net long position saw a reduction of 21, 637 contracts, taking the total position to 546,272 contracts. This latest adjustment in WTI positioning reflects the return of fresh risk factors over recent weeks which have created […]

  • Chart of the Day GBPAUD

    Chart of the Day GBPAUD GBPAUD Potential Reversal Zone – Probable Price Path A trifecta of negative news headlines sees markets adopt a cautious tone – disturbing trends in US COVID19 case numbers, US-EU trade tensions, and another economic downgrade by the IMF. The S&P500 is current down 2½%, following a 2.8% fall in the […]

  • Daily Market Outlook, June 25, 2020

    Daily Market Outlook, June 25, 2020  The Asian equity market is down this morning following big declines yesterday in Europe and the US, although some markets are closed for holidays. Reports link the declines to concerns about a further rise in US Covid-19 cases and the reintroduction of some lockdown measures in a part of […]

  • Russian Ruble Is Targeting the Level of 70.50: What’s Next?

    Today we review the potential future of Russian ruble, Euro, and gold.