• Precious Metals Monday 30-03-2020

    Gold The gold market saw a dramatic recovery last week, with price rallying almost 11% on the week. Price has now recovered more than 13% off the 2020 lows. Last week marked a shift in investor sentiment as asset price began recovering in the wake of the latest central bank easing announced last week. The […]

  • The Investment Bank Outlook 30-03-2020

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • Chart of the Day EURUSD, GBPUSD, USDCAD

    Chart of the Day EURUSD, GBPUSD, USDCAD USD Weekly Key Reversal US equities suffered a late-Friday plunge to close 3.4%. On a weekly basis, however, it posted a 10% uptick, which is the biggest gain since 2009. Oil price remains in the doldrums, however, with WTI down 4.8% on Friday to trade at $21.5bbl. American […]

  • Daily Market Outlook, March 30, 2020

    Daily Market Outlook, March 30, 2020  The global financial market has started the week on the back foot as concerns over a prolonged fight against the coronavirus continues to weigh on sentiment. Most Asian equity markets are down this morning, albeit they are off their lows following China’s central bank’s decision to cut the interest […]

  • Weekly Market Outlook 30-03-20

    In this Weekly Market Outlook 23-03-20, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!  Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the […]

  • BOE Warns of UK Recession Over COVID-19

    The Bank of England maintaining policy at current levels at yesterday’s March meeting. On the back of two unscheduled rate cuts this month, as well as the restarting of QE, the meeting was not expected to see a further adjustment and instead, focus was on the bank’s assessment and outlook. BOE Expresses Concern For Economy […]

  • The Friday Forex Takeaway – Episode 27

    Key Points From This Week Fed Announces Uncapped QE Program The Federal Reserve stepped up its fight against the economic threat from COVID-19 this week. Following recently cutting rates to record lows of 0.25% and announcing a $750 billion QE program, the Fed announced this week that it will now be running unlimited QE. This […]

  • Chart of the Day US500 (S&P500)

    US500 (S&P500) Corrective Cycle Considerations News that the US Senate has approved the USD2tn stimulus package – that was in limbo for a while due to partisan disagreements – bolstered market sentiment overnight with the S&P500 posting a 17% three day gain. The bill is now in the House for reconciliation, with a vote set […]

  • Daily Market Outlook, March 27, 2020

    Daily Market Outlook, March 27, 2020  Yesterday, US weekly jobless claims figures provided the first evidence of the extent of the damage the coronavirus is having on the labour market. Claims soared from 300k to an unprecedented 3.3m. The previous record was 695k in 1982.  Despite the abysmal data, US equities rallied yesterday, with the […]

  • COVID-19: Spanish Death Toll Surpasses China

    COVID-19 Death Toll Passes 20,000 Globally The pace of new coronavirus infections continues to rise globally and with it, so too does the death toll from the virus. In the US this week, the death till soared past 1000 while Spain moved up to second place in terms of the highest number of deaths from […]

  • The Crude Chronicles – Episode 31

    Oil Slide Pauses For Now Following weeks of heavy selling, WTI prices have seen some minor demand this week allowing prices to recover somewhat. The uptick in prices has been linked to the rally seen across risk markets this week as investors begin to digest the massive wave of central bank easing which has been […]

  • Daily Market Outlook, March 26, 2020

    Daily Market Outlook, March 26, 2020  The US market rose for a second straight session, though the gains were more modest yesterday. The S&P500 closed up 1.2%. Overnight, Asian-Pacific markets eked out some gains, but the Nikkei did fall by a sharp 4.5%. Against the uncertain economic backdrop, sentiment remains fragile.  The CBOE volatility Index […]

  • Fed Asks BlackRock To Help With QE

    Fed Pulling Out All The Stops As part of its efforts to help support the American economy during the economic distortion created by COVID-19, the Federal Reserve has asked the world’s largest asset manager, Blackrock Inc, to oversee several of the QE programmes recently announced. The New York Fed announced on Tuesday that BlackRock will […]

  • Why Is The Nikkei Rallying?

    Despite the broader sell-off which has dominated asset markets recently, the Nikkei has seen a strong reversal this week. Rallying more than 8% yesterday and over 20% on the week, Japanese equities have been the clear outperformer. The reason for this rally has been the reaction to speculation about BOJ QE purchases which, unlike we’ve […]

  • Chart of the Day US500 (S&P500)

    Chart of the Day US500 (S&P500) US500 (S&P500) Potential Panic Low in Place Following the Fed’s bazooka and the prospect of imminent US fiscal stimulus, S&P500 surged 9.38% overnight and the Dow registering its best day since 1933 in what is dubbed “turnaround Tuesday”, while UST bonds sold off with the 10-year bond yield up […]