Filtered by date: 07.07.2020. Clear
  • Big Surprise from ISM Data Stokes Inflation Concerns in the US

    European markets trimmed Monday gains, USD recovered some lost ground after yesterday sell-off as the uncertainty remains high associated with the partial reinstation of lockdown in the United States.

  • USDCNH Falls As US/China Tensions Rise

    Fresh Sanctions Coming? Tensions between the US and China are at risk of boiling over once again this week as President Trump reportedly prepares to announce fresh sanctions against China. Speaking with reporters this week, White House chief of staff Mark Meadows said: “We’ve got a number of executive orders. We’re looking at how we […]

  • The IndeX Files 07-07-2020

    Investors Shrugging Off Virus Concerns Global equities benchmarks started the week in a positive manner with most indices rallying on Monday. However, gains have proved short lived and sentiment has soured somewhat on Tuesday as emerging risk factors temper bullish momentum. The chief concern among investors currently is that of a potential second wave of […]

  • Chart of the Day AUDUSD

    Chart of the Day AUDUSD AUDUSD  Potential Reversal Zone – Probable Price Path AUD: As expected, the Reserve Bank of Australia kept rates and its policy stance on hold today. Highlights from the statement include: (a) despite the pace of asset purchases having decreased lately, the Bank is ready to scale them up again if […]

  • Daily Market Outlook, July 07, 2020 

    Daily Market Outlook, July 07, 2020  Asian equity market performance was mixed this morning with China up strongly again but other markets are down or showing more modest gains. Threats from the White House of potential actions against China were reported as causing unrest. US Labour Secretary Scalia said the economic recovery has been “better […]

  • Daily Commodity Outlook, July 7 2020

    Asian stocks traded mixed on Tuesday after another strong rally session in the U.S.. Shares dipped in Japan while Chinese stocks continued to outshine. Nasdaq is pushed to a new high with a further rally of tech stocks. Investors realized that although the reality isn’t very optimistic, it is not as bad as people thought […]

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

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