• Daily Market Outlook, August 11, 2020 

    Daily Market Outlook, August 11, 2020  The US futures market has spent most of the overnight session in positive territory and currently shows a small gain. However, underneath the surface the market has a much more positive tone, with some evident sector rotation out of big tech and growth stocks and into value and smaller […]

  • Daily Market Outlook, August 10, 2020 

    Daily Market Outlook, August 10, 2020  Following the collapse in talks between the Republicans and Democrats on a stimulus package, over the weekend, US President Trump signed a number of executive measures aimed at providing relief from the economic damage sustained during the pandemic. These included a $400 per week increase in unemployment benefits, a […]

  • Daily Market Outlook, August 7, 2020 

    Daily Market Outlook, August 7, 2020  Asian equity market is down this morning led by a decline of more than 2% in China’s indices. Reports attribute the weakness to President Trump’s signing of executive orders targeting TikTok and WeChat. This would mean that US residents must stop doing business with the Chinese companies within 45 […]

  • Daily Market Outlook, August 6, 2020 

    Daily Market Outlook, August 6, 2020  Asian equity market is mixed this morning with China and Japan down despite gains yesterday in Europe and the US. Chinese stocks may have been hurt by US Secretary of State’s announcement of a plan to ‘clean the network’. It is thought that may include removing “untrusted” Chinese apps […]

  • Daily Market Outlook, August 5, 2020

    Daily Market Outlook, August 5, 2020  Negotiations on a new US virus relief package have continued over the last couple of days though, as yet, are said to have only yielded ‘a little bit of progress’. Negotiators have committed to reaching an agreement by the end of the week, with the House and Senate expected […]

  • Daily Market Outlook, August 4, 2020

    Daily Market Outlook, August 4, 2020  Market risk appetite increased in Asia helped by new record highs in the technology-focused US Nasdaq Composite index. Yesterday saw the US July ISM manufacturing rise again to 54.2, while the final reading for the Eurozone manufacturing PMI was also unexpectedly revised higher. Investors also took solace from reports […]

  • Daily Market Outlook, August 3, 2020

    Daily Market Outlook, August 3, 2020  US equity market ended last week on a strong note, bolstered by impressive earnings reports from some of the big tech firms. The USD recovered on Friday, but still recorded its biggest monthly fall since January 2018. There is still no sign of a breakthrough in negotiations over an […]

  • Daily Market Outlook, July 31, 2020 

    Daily Market Outlook, July 31, 2020  Mixed news meant a mixed tone for the market in Asia. On the plus side were positive results from key tech companies which propelled Nasdaq futures higher in after-hours trading. China’s manufacturing PMI also increased for a second month to 51.1, although services edged down to 54.2, but overall […]

  • Daily Market Outlook, July 30, 2020 

    Daily Market Outlook, July 30, 2020  Asian market was mixed overnight as investors digested the latest signals from the US Federal Reserve. The Fed last night kept policy unchanged including interest rates at the 0.00-0.25% range. Concerns about the resurgence of Covid-19 infections meant the message remained dovish. Chair Powell reiterated that the Fed stands […]

  • Daily Market Outlook, July 29, 2020 

    Daily Market Outlook, July 29, 2020  Asian equity market is mostly down this morning ahead of tonight’s policy announcement update from the US Federal Reserve. However, Chinese equities are showing gains of around 2%.  Yesterday, the Fed confirmed that it would be extending its emergency lending programs to the end of the year. Meanwhile, a […]

  • Daily Market Outlook, July 28, 2020 

    Daily Market Outlook, July 28, 2020  Asian equity market is mostly up this morning but overall markets are continuing to trade cautiously ahead of this week’s US Fed policy meeting and a raft of earnings numbers. In the UK, Chancellor of the Exchequer Sunak is reportedly considering a new online sales tax to increase revenues […]

  • Tickmill’s Investing Diva, NZDUSD Daily Outlook 06-07-20

    NZDUSD Daily Outlook 06-07-20 – Last Friday the NZD was among the top-performing major currencies and it continued its bullish momentum to Monday’s Asian session after a long weekend for the USD traders. Meanwhile, Coronavirus researchers continue to compete for vaccine test objects, making a push to recruit tens of thousands of healthy volunteers for […]