• Trump Praises June Jobs Data, Tries To Downplay Second Wave

    June NFPs Highest on Record The latest US jobs report, released a day early yesterday ahead of the holiday weekend in America, marked yet a further, dramatic recovery in employment last month. The headline June NFPs marked a bumper growth of 4.8 million jobs last month. This increase, which is the largest monthly jobs gain […]

  • The Friday Forex Takeaway – Episode 41

    Key Points from This Week Lockdown Measures Reintroduced in Places Fears of an emerging second wave of the COVID-19 virus have seen the return of lockdown measures in some areas around the world. The governor of California this week ordered the closure of bars and restaurants in 19 counties there while Texas has halted plans […]

  • China Warns UK Over Hong Kong Visa Offer

    First National Security Arrests Made China’s new, highly controversial, National Security Law came into effect in Hong Kong this week. The law, which received a great amount of criticism from the national community, marks the first time that Chinese law has been written into the Hong Kong penal code and has essentially given China the […]

  • Chinese Manufacturing Rises While Second Wave Fears Develop

    Positive Data But Risks Remain The latest economic data out of China showed that the factory sector in the world’s second largest economy expanded again in June. Printing 50.9 on the month, the rise in manufacturing activity was above the expected 50.4 reading the market was looking for and marks an uptick from the prior […]

  • Precious Metals Monday 29-06-2020

    Gold Gold prices remain near highs at the start of the new weeks as market attention remains fixed on the growing fears of a second wave of COVID-19. Over the weekend, headlines and reports pertaining to rising infection rates in the US have created a weak risk environment on Monday, keeping gold bid just below […]

  • IMF Slashes Global Growth Forecasts in 2020 & 2021

    World Growth To Fal By 4.9% The International Monetary Fund updated its global economic projections this week and the report has added to the bearish sentiment which has stifled markets over the last few days. In its latest outlook, the IMF now forecasts the global economy to shrink by 4.9% this year, marking a significant […]

  • The Friday Forex Takeaway – Episode 40

    Key Points from This Week Second Wave Fears Intensify Fears of a fresh outbreak of COVID-19 created a drag on risk sentiment this week. Investors are fearing the potential return of lockdown measures over coming months following reports of renewed increases in the infection rate in the US and China. With travel restrictions due to […]

  • Trump Steps In To Clear Up Confusion Over China Trade War Comments

    Navarro Lands In Hot Water US stock markets saw plenty of volatility over the last 24 hours amidst confusion pertaining to comments made by the White house trade adviser, Pete Navarro. Speaking with reporters on Monday, Navarro appeared to suggest that the US/China trade deal was dead in the water, saying: “it’s over… “Here’s, I […]

  • The Friday Forex Takeaway – Episode 37

    Key Points from This Week US Civil Unrest Intensifies Black Lives Matter protests, which sprung up in the wake of the killing of unarmed, black-American George Floyd last week, have raged for 10 nights now. Sprawling across more than 141 cities the protests have been met with a highly aggressive response from the police force […]

  • The Crude Chronicles – Episode 41

    Mixed EIA Report WTI prices were seen extending their recent rally this week as global investor appetite continued to improve despite the ongoing unrest in the US. Oil prices have seen steady buying over recent weeks as global stay-at-home measures have continued to be reduced. With many economies making firm tracks towards full reopening, the […]

  • Precious Metals Monday 01-06-2020

    Gold The gold market has seen fresh demand across recent sessions as investor attention shifts away from the post-lockdown recovery and onto emerging risk factors. Last week, relations between the US and China deteriorated further in the face of China’s newly approved National Security Law for Hong Kong. The law, which mark the first time […]

  • “Absurd” Employment Situation in the US and Possible Consumption Shock in August

    The rally in equities was brought to a halt with mild retracement in the US stocks observed on Thursday.

  • The Friday Forex Takeaway – Episode 36

    Key Points From This Week COVID-19 Vaccine Hopes Increase Following on from reports that US biotech company Moderna had noted positive results with one of their candidate vaccines, markets received further good news this week. US biotech firm Novavax reported that they have begun human testing on one of their candidate vaccines, further increasing hopes […]

  • AUDCAD: Can’t Divide the key Level

    In this post we examine the AUDCAD’s outlook amid the mounting tensions between the US and China.

  • Protests Erupt As China Approves Controversial Hong Kong Security Law

    China Approves Hong Kong Law The prospect of US action against China is looming large today following China’s approval of its proposed National Security Law in Hong Kong. The legislation was approved during China’s National People’s Congress with a vote of 2878-1. The new law, which represents the first time that Chinese law has been […]