Filtered by date: 01.07.2020. Clear
  • Gold Hits $1800 but Ultra-dovish Fed Suggests it isn’t the Limit

    Last week we discussed prospects of the Gold rally to $1800 level, which was successfully completed on Tuesday.

  • Trump’s Approval Rating Sinks Further

    Trump Tweets Anger At China Donald Trump added to fears of fresh tensions between the US and China with an inflammatory tweet this week. Trump tweeted: “As I watch the Pandemic spread its ugly face all across the world, including the tremendous damage it has done to the USA, I become more and more angry […]

  • Daily Commodity Outlook, July 1 2020

    Asian stocks went higher on Wednesday in a new quarter, as investors assessed mixed data on the global economy amid concern over the coronavirus spread and Sino-American tensions. U.S. consumer confidence posting its biggest increase since 2011 while China’s manufacturing activity beat expectations in June according to a private survey. The upbeat data prints are […]

  • Fed’s Powell Warns of Second Wave Risks

    Risks To The Outlook The chairman of the Federal Reserve, Jerome Powell, last night gave yet another warning over the fragile state of the US economy and his concern over the outlook. In his weekly testimony to Congress, Powell’s message this time around centred on the threat of a second wave of the virus. Powell […]

  • Chart of The Day EURGBP

    Chart of the Day EURGBP EURGBP  Potential Reversal Zone – Probable Price Path Month-end flows have likely been a dominant force driving markets in the last 24 hours. The S&P500 recorded its best quarterly performance in more than 20 years, up 19%, while the Nasdaq registered a 30% gain. Ironically, the strong gains have come […]

  • Daily Market Outlook, July 1, 2020

    Daily Market Outlook, July 1, 2020  The Asian equity market is mostly up this morning but Japan is down and Hong Kong is closed. European and US futures prices are currently mixed. Markets may have been helped by the People’s Bank of China’s announcement of a cut in its relending and rediscounting interest rates for […]

  • Tickmill’s Investing Diva, AUDJPY Daily Outlook 01-07-20

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