• European Markets Soar As ECB Ramps Up Easing

    Fresh Liquidity Injection European asset markets have been given a fresh boost this week, with the ECB announcing that it will increase the size of its bond-purchase program by 600 billion EUR. The bank’s recently launched Pandemic Emergency Purchase Program (PEPP) will now run at 1.35 trillion EUR in total. The program, which will run […]

  • Chart of the Day US500 (S&P500)

    Chart of the Day US500 (S&P500) US500 (S&P500) Pivotal 3140/75 test – Probable Price Path The ECB delivers with a bigger-than-expected EUR600b addition to its emergency bond purchase program and also extended the duration till at least end 2021. ECB chief Lagarde warned of an “unprecedented contraction” and that “the improvement has so far been […]

  • 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 […]

  • Daily Market Outlook, June 5, 2020 

    Daily Market Outlook, June 5, 2020  Risk sentiment remained mixed during the Asia trading session ahead of today’s key US labour market figures. Brent crude oil edged above $40pbl as OPEC+, including Saudi Arabia and Russia, may reportedly meet as soon as this weekend to finalise an agreement to extend production cuts. On the data […]

  • BOC: Out With The Old In With The New

    Tiff Takes Over Tiff Macklem took the reigns as the new governor of the Bank of Canada this week and given current global and domestic conditions, he is unlikely to be envied much by any of his peers. The two-year US/China trade war and now the COVID-19 crisis, have left the global economy in a […]

  • 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 […]

  • Daily Market Outlook, June 4, 2020 

    Daily Market Outlook, June 4, 2020  US market rallied yesterday, extending their current winning streak to four days. The Dow Jones added 527pts or 2.1% while the S&P500 rose 1.4% and NASDAQ picked up 0.8%, just a tad away from it’s all-time high in February. All eleven S&P500 sectors ended on positive note save for […]

  • Are Trump’s Re-election Chances Falling?

    Trade War Cost Support The current socio-political crisis unfolding across the US right now poses important questions for the upcoming US elections due towards the end of the year. Trump had already seen his approval ratings among voters falling over the last year as the negative impact of his trade war against China became clearly […]

  • AUDUSD Rallying On RBA & GDP

    RBA Cites Optimism The Australian Dollar has benefitted in recent weeks from the broad pickup in risk sentiment which has seen equities and commodities markets rallying. The easing of lockdown measures around the globe has turned investor focus towards the recovery which is now beginning and risk assets are being bolstered, helping support high yielding […]

  • Chart of the Day GBPUSD

    Chart of the Day GBPUSD GBPUSD Two Way Trade – Probable Price Path The market is waiting to see a new round of trade talks between the EU and the UK this week. The recent rebound in underwriting interest supports the performance of the pound. Sterling may stabilize 100-day average of 1.257 against the US […]

  • Daily Market Outlook, June 3, 2020 

    Daily Market Outlook, June 3, 2020  The US market closed higher overnight even as protests over George Floyd’s death continued to gain traction and risked sparking more civil unrest across the country, not to mention ongoing US-China tension on the external front. Local officials had imposed curfew to curb the nighttime turmoil that involved assets […]

  • Trump Threatens Military Lockdown As Riots Continue

    From Bad To Worse Conditions in the US have dramatically deteriorated this year and we are now starting to see significant selling pressure emerging in the Dollar. The US economy which had already been weakened by the two-year trade war waged by the president against China  has been heavily damaged by the COVID-19 outbreak which […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD EURUSD Two Way Trade – Probable Price Path US equities remain in a holding pattern just under the recent highs, despite the escalation of violence in US cities and the threat of military action by President Trump. The USD seemingly taking all the pressure at this moment, while US yields […]

  • The IndeX Files 02-06-2020

    Equities As Dollar Falls Amidst US Tensions Global equities benchmarks continue to gain ground this week despite emerging risk factors which have taken the shine off the post-lockdown recovery now underway. The backdrop of US/China tensions, which rose to the forefront last week ,has now seen a shift in focus amidst the ongoing unrest in […]

  • Daily Market Outlook, June 2, 2020 

    Daily Market Outlook, June 2, 2020  Asian equity market is largely up this morning following modest gains on Wall Street yesterday. Another night of demonstrations in the US and threats from President Trump to use troops if necessary to establish order seems not to have had a major impact on markets. However, equity futures currently […]