Filtered by date: 16.07.2020. Clear
  • China Rebounds, ECB Uncertainty Unnerves European Equities

    China 2Q macroeconomic updates beat expectations by significant margin. Alas, growth rested on two “good old” economic drivers – industrial production and exports, while retail sales made a negative contribution: Retail sales were expected to rise 0.5% but failed to do that dropping 1.8% YoY. What is interesting, in the West, conversely, the major momentum […]

  • Daily Commodity Outlook, July 16 2020

    Asian stocks started in a mixed way on Thursday ahead of the important GDP data from China. S&P 500 futures went lower after the index gained almost 1% on Wednesday amid optimism about progress in developing a vaccine for the coronavirus.The Federal Reserve said the economy showed signs of a nascent recovery at the beginning […]

  • Chart of the Day CADJPY

    Chart of the Day CADJPY CADJPY Potential Reversal Zone – Probable Price Path While US equities chop around recent highs, Chinese equities have been hit hard overnight, extending this week’s reversal and down ~7% from Monday’s peak. This comes despite a strong 11.5% rebound in Q2 GDP following the Q1 drop. However, while the June […]

  • Daily Market Outlook, July 16, 2020 

    Daily Market Outlook, July 16, 2020  Asian equity market is down this morning despite yesterday’s rises in Europe and the US, which seemed to be driven by hopes of progress on Covid-19 vaccines. China posted a strong 11.5% rebound in Q2 GDP following the Q1 drop. However, June data while showing a 4.8%y/y rise in […]

  • USD/RUB: Potential Drop Ahead?

    Today we review the potential future of currency pair EUR/USD, Russian ruble, and stock index S&P500.

  • Tickmill’s Investing Diva, EURUSD Daily Outlook 16-07-20

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