• Key economic events and reports of the coming week

    Monday, April 6, 2020 – Construction PMI (Mar)(GBP).

  • PBOC Extends Easing Measures in Order to Shore up Ailing Economy

    The Central Bank of China decided to lower reserve requirement ratio for small and medium-sized commercial banks unlocking about 400 billion yuan ($56.38 billion) of liquidity to shore up the economy damaged by costly lockdowns.

  • Two Factors Behind Dollar’s Strength You Need to Know

    The USD index is heading for a retest of three-year high at 103 level and currency markets may be rightly asking themselves a question about how overvalued the American currency is and is there fuel in the tanks to extend the rally.

  • OPEC Calls Emergency Meeting Amidst Oil Rout

    Will Saudi Arabia & Russia Finally Co-operate? Oil prices have turned higher at the end of the week following the calling of an emergency OPEC+ meeting next week. Following calls from President Trump to end the stand-off between Saudi Arabia and Russia, Saudi Arabia has announced the meetings for Monday April 6th. Taking to Twitter […]

  • The Friday Forex Takeaway – Episode 28

    Key Points From This Week Chinese Manufacturing Recovers Following a plunge to record lows of 35.7 in February, the Chinese manufacturing sector rebounded firmly in March to post highs of 52.3 on the Caixin PMI index. The market had been forecasting a recovery to just 44.9 and was pleasantly surprised by the news. With lockdown […]

  • Daily Market Outlook, April 3, 2020

    Daily Market Outlook, April 3, 2020  Risk sentiment was mixed during the Asian market, as earlier gains in major equity indices were pared. That followed some confusion about President Trump’s tweet yesterday that Saudi Arabia and Russia had agreed to deep oil production cuts, subsequently denied by President Putin. Brent crude oil fell back below […]

  • Daily Commodity Coverage: April 3, 2020

    USD/CAD What happened previously? The USD sideways after the sluggish weekly jobless claims number. Initial jobless claims surged to more 6.6 million last week, the Labor Department said Thursday. That brings the two-week total to about 10 million due to the coronavirus-induced economic shutdown.  USD somehow was not affected that much, while investors take the […]

  • Tickmill’s Investing Diva, USDCHF Daily Outlook 03-04-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.

  • Investors Eye Unemployment Claims as the key Proxy of Stress of the US economy

    Today we’ve seen relatively robust upward swing in oil as the market did not wait for negative news but were offered solid support thanks to a number of positive catalysts.

  • Is The US About To Lift China Trade Tariffs?

    Trump Considering Lifting Tariffs With the growing economic threat from COVID-19 demanding an increasing response from central banks and governments alike, the US administration is reportedly on the verge of a surprising U -turn. According to the Financial Times, the President is set to announce a 90-day suspension on some Chinese imports such as apparel […]

  • The Crude Chronicles – Episode 32

    Oil Demand Cratering The WTI markets has seen another round of selling this week as the global situation continues to draw concern for the demand outlook. The rebound in risk assets over the prior week has stalled this week as news of a soaring US death toll, and expectations of an extension to the lockdown […]

  • Chart of the Day AUDCHF

    AUDCHF – First leg of correction completing After equity markets experienced one of their worst quarters ever, with the MSCI World Index down 20%, the June quarter has begun on a poor note. This is being attributed to some sombre comments from President Trump and companies slashing dividends, including a number of UK banks, which […]

  • Daily Market Outlook, April 2, 2020

    Daily Market Outlook, April 2, 2020  The new quarter has begun on a poor note for risk assets, with chunky falls in the global market, higher credit spreads, and lower US Treasury rates. In currency markets JPY and the USD have outperformed. After big falls yesterday on Wall Street and in Europe, Asian equity markets […]

  • Tickmill’s Investing Diva, EURJPY Daily Outlook 02-04-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.

  • Ruble Follows Oil: What’s Next?

    Today we review the potential future of oil, Russian ruble and Australian dollar.