Filtered by date: 30.06.2020. Clear
  • Fed’s Targeted QE Keeps Credit Markets Under Full Control

    Despite positive developments in the US economy since the start of lifting lockdowns, Fed Chairman Jeremy Powell reiterated his dismal warning on Monday: extraordinary uncertainty reigns in the prospects for economic recovery.

  • Chinese Manufacturing Rises While Second Wave Fears Develop

    Positive Data But Risks Remain The latest economic data out of China showed that the factory sector in the world’s second largest economy expanded again in June. Printing 50.9 on the month, the rise in manufacturing activity was above the expected 50.4 reading the market was looking for and marks an uptick from the prior […]

  • Chart of the Day CADCHF

    Chart of the Day CADCHF CADCHF  Potential Reversal Zone – Probable Price Path Risk sentiment has begun the week on a positive note after a poor end to last week. Since the low in the S&P500 in March, there have been drops of 2% or more on nine occasions (as occurred on Friday) and the […]

  • The IndeX Files 30-06-2020

    Fresh Virus Fears Halt Equities Rally Global equities benchmarks have seen a continued loss of upside momentum across recent trading as the market continues to grapple with the rising prospect of a second wave of COVID-19. Reports of renewed upward trends in new infections rates across some states in the US, including the country’s most […]

  • Daily Commodity Outlook, June 30 2020

    Asian stocks went higher on Tuesday, as optimism about a recovery overshadows concerns over an increase in U.S. coronavirus cases. U.S. equity futures edged higher after the upbeat U.S.home sales data. Investors are weighing the improvement in economic data against the rising cases. Meanwhile, China also posted improving PMIs for both manufacturing and services. Dollar […]

  • Daily Market Outlook, June 30, 2020

    Daily Market Outlook, June 30, 2020  Most Asian equity markets are up this morning following gains yesterday in Europe and the US. China June PMIs beat expectations with manufacturing rising to 50.9 (from 50.6 in May) and non-manufacturing at 54.4 from 53.6. The US has announced retaliatory measures against China’s passing of its Hong Kong […]

  • Tickmill’s Investing Diva, GBPUSD Daily Outlook 30-06-20

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