• Is it Late to go Long in Gold? Real Interest Rate Path in the US Suggests “no”

    The first signs of consistency appear in the decrease of the number of confirmed cases of Covid-19.

  • False Hope: Hubei Experience Suggests EU and US may Need to Extend Lockdowns

    On Monday, we observe moderately upbeat sentiments in Asian and European stock markets backed by hopes that Saudi Arabia and Russia will still be able to “make peace” despite Trump’s weekend U-turn and abrupt decline in new cases of Covid-19 infection:.

  • 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.

  • 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.

  • Here is the Reason not to Trust Current Production PMIs

    Asian PMIs in manufacturing sector collapsed in tandem in March, and only China manufacturing sector looked out of place with a sharp rebound.

  • Asian Data and Effective Lockdowns Spur Risk-taking in Stocks, Crimping Safe Heavens

    The growth rate of confirmed cases of Covid-19 in major dew3w2veloped countries (Eurozone economies, US) extended weeklong decline. Coupled with a bounce oil they fueled risk-taking in stock markets, causing more pressure on safe heavens, such as Yen, Gold, CHF.

  • Sudden PBOC Easing Tweak Puts the Specter of Debt Crisis into the Foreground

    The specter of the China debt crisis, which for some time dropped off market radar due to the shifting of the epicenter of Covid-19 outbreak outside the country, again reminded about itself after the central bank unexpectedly took stabilization measures.

  • Key economic events and reports of the upcoming week

    Monday, March 30, 2020Pending Home Sales (MoM) (Feb)(USD).

  • Indian CB Eases Repo Rates, Joins “Easing Club” as the Country Goes Into Lockdown

    The Central Bank of India reduced interest rates on Friday in order to combat the economic consequences of the rapidly spreading coronavirus which puts strains on the banking system of the country.

  • Narrowing Range in Oil Could Suggest Sweeping Move on the Cards

    Stock market euphoria, which is also expressed by a global dollar dump, does not resonate with crude oil: WTI trades in a narrowing range around the $23 mark, remaining unimpressed by the dollar weakness and rebound in risk assets.

  • Investors Eye US Unemployment Claims as the Extent of Covid-19 Shock Has Not Been Grasped Yet

    The US Dollar moved down on Thursday against majors, fueling demand for EM assets and partially reversing cash overweight in portfolios of market participants, which has been forming during the heightening of the epidemic.

  • What is Quantitative Easing? Busting Myths

    The purpose of this post is to bust some common myths about the essence of Quantitative Easing (QE).

  • Gold – Does History Repeat Itself?

    Gold price has extended buying momentum on Tuesday, developing the takeoff from $1,500 seen on Monday.