• Daily Commodity Outlook, July 9 2020

    Asian stocks went higher on Thursday as investors continued to embrace the global rally. Chinese stocks went higher to extend an eight-day winning streak. S&P 500 futures were flat after the gauge climbed to a one-month high on Wednesday night. USD dropped amid the global equity rally as investors have a firm belief in the […]

  • Daily Commodity Outlook, July 8 2020

    Asian stocks traded mixed in early Wednesday after their U.S. peers declined on renewed concerns over the epidemic’s economic impact. . The tech-heavy Nasdaq dropped from a record intraday high, while airlines and hotels were particularly hard hit. It is a calendar light day for Wednesday and investors are looking at the China stock market […]

  • Daily Commodity Outlook, July 7 2020

    Asian stocks traded mixed on Tuesday after another strong rally session in the U.S.. Shares dipped in Japan while Chinese stocks continued to outshine. Nasdaq is pushed to a new high with a further rally of tech stocks. Investors realized that although the reality isn’t very optimistic, it is not as bad as people thought […]

  • Daily Commodity Outlook, July 3 2020

    Asian stocks began Friday by following Wall Street modestly higher after a better-than-expected U.S. jobs report overshadowed concerns that new coronavirus hotspots could disrupt the economic recovery. The market is still risk-on as the stock market keeps going higher. But today is the U.S. holiday, we might see a thin volume in both stock and […]

  • Daily Commodity Outlook, July 2 2020

    Asian stocks saw modest gains on Thursday after S&P 500 rose for the third day and the Nasdaq Composite jumped to a record on Wednesday night. Pfizer and German biotechnology company BioNTech said they had developed a Covid-19 vaccine whose first trial showed it was safe, which has brought back the risk-on sentiment to the […]

  • Daily Commodity Outlook, July 1 2020

    Asian stocks went higher on Wednesday in a new quarter, as investors assessed mixed data on the global economy amid concern over the coronavirus spread and Sino-American tensions. U.S. consumer confidence posting its biggest increase since 2011 while China’s manufacturing activity beat expectations in June according to a private survey. The upbeat data prints are […]

  • Daily Commodity Outlook, June 30 2020

    Asian stocks went higher on Tuesday, as optimism about a recovery overshadows concerns over an increase in U.S. coronavirus cases. U.S. equity futures edged higher after the upbeat U.S.home sales data. Investors are weighing the improvement in economic data against the rising cases. Meanwhile, China also posted improving PMIs for both manufacturing and services. Dollar […]

  • Daily Commodity Outlook, June 29 2020

    Asian stocks and U.S. equity futures slipped Monday after deaths around the world from the coronavirus topped half a million and infections continued to mount in American states. Crude oil fell. On Friday, we have seen tech stock woes led by Facebook and some big names. The market is worrying that this correction in the […]

  • Daily Commodity Outlook, June 26 2020

    Asian stocks opened higher on Friday after U.S. shares ended higher on Thursday, as investors weighed the prospects for additional stimulus against the spike in American virus cases.S&P 500 contracts were flat after a rally in the final hour of a choppy session left the index up about 1%. Worries grow that the economies reopening […]

  • Daily Commodity Outlook, June 25 2020

    Asian stocks dropped amid worries about a resurgence in virus cases in  many U.S. states. Japanese, Australian and Korean shares were all down more than 1%. China and Hong Kong are closed for holidays. Futures on the S&P 500 dipped as well as the worries over second infections dampened. The risk-off sentiment is coming back […]

  • Daily Commodity Outlook, June 24 2020

    Stocks in Asia were mixed on Wednesday after the S & P 500 closed well off its earlier 1.2% gain on reports of a surge in cases in several hotspots in the South and Southwest of the U.S.. These rising cases could indicate that there’s a possibility that plans to ramp up openings could be […]

  • Daily Commodity Outlook, June 23 2020

    Stocks in Asia started higher on Tuesday after a strong session in the U.S. technology shares. An “indiscriminate approach” to a portfolio would largely have worked in April and May but going forward, investors may become pickier with what they are holding. Tech firms that could better weather a sluggish economic growth could be more […]

  • Daily Commodity Outlook, June 22 2020

    Stocks in Asia started the week in a mixed sentiment. The thin trading volumes once again indicated a lack of conviction and as investors mulled the impact of coronavirus outbreaks. California reported record new cases and Florida infections jumped more than the weekly average. The Aussie erased earlier losses seen in the wake of one […]

  • Daily Commodity Outlook, June 19  2020 

    Asian stock market went higher on Friday as the market is looking to end this week in gains.U.S. stock market ended mixed on Thursday night as Jobless claims data disappointed to act as a damper in early U.S. trading, but the upbeat Philadelphia Fed survey for June provided support for the stock market. U.S. and […]

  • Daily Commodity Outlook, June 18  2020 

    Asian stocks and U.S. equity futures dropped, indicating a revived risk-off sentiment. The safe haven yen and Treasuries advanced, as recovery concerns caused by rising infection numbers in some locations are weighing on the market. S&P 500 Index futures fell on Thursday after the index swung between gains and losses for most of Wednesday before […]