• Chart of the Day EURJPY

    Chart of the Day EURJPY Testing pivotal support EURJPY  Risk-off again for financial markets as China’s coronavirus continues to escalate in terms of number of infections and deaths as well as number of countries reporting confirmed cases. China has extended its Chinese New Year holidays to 2 nd Feb.  Yesterday, the S&P500 slumped 1.6% (with […]

  • Daily Market Outlook, January 28, 2020 

    Daily Market Outlook, January 28, 2020  Main Market Themes Global market rout amid heightened global risks from Coronavirus pandemic: Major stock indices plunged yesterday as traders scurried for safety and dumped risk assets amid growing concerns over the manifestation of the Wuhan Coronavirus both in terms of the numbers of death toll/ cases of infection, […]

  • Chart of the Day US500

    Chart of the Day US500 Decision point for US500  A number of Asian markets are closed for the new year holiday. However, those that are open suggest that ‘risk off’ sentiment is dominating as concerns about the Coronavirus continue to rise. The reported death toll is now up to over 80 with over 2,700 confirmed […]

  • The Investment Bank Outlook 27-01-2020

    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 […]

  • Daily Market Outlook, January 27, 2020 

    Daily Market Outlook, January 27, 2020  Main Market Themes The US market ended the week on a soft note and global rates were lower, with traders worried about the escalation of the deadly Wuhan Coronavirus.  Currency movements remained well contained, with JPY slightly outperforming alongside the USD on Friday night, however, we have witnessed a […]

  • Weekly Market Outlook 27-01-20

    In this Weekly Market Outlook 27-01-20, 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 text […]

  • Daily Market Outlook, January 24, 2020 

    Daily Market Outlook, January 24, 2020  Main Market Themes Risk sentiment was steadier in the Asia market, as traders appeared to latch on to the World Health Organisation’s decision not to declare the coronavirus outbreak in China as a public health emergency. The death toll is reported to have risen to 26, as China begins […]

  • The Crude Chronicles – Episode 22

    Crude Caught Between Opposing Market Pressures The CFTC COT positioning report showed that, last week, investors reduced their net long positions in WTI crude by 36,960 contracts, taking the total position to 530,312 contracts. The reduction in upside exposure was likely down to a spate of profit-taking as WTI continued to fall back following the […]

  • Chart of the Day GBPUSD

    Chart of the Day GBPUSD Potential intraday continuation GBPUSD UK manufacturing business optimism jumped in January: The CBI Trends Total Order Index rose by 6pts to -22 in January (Dec: -28), reflecting a much smaller shrinkage of UK manufacturers’ exports orders, higher output volume, finished stocks. Notably, the quarterly business optimism index jumped to 23 […]

  • Daily Market Outlook, January 23, 2020 

    Daily Market Outlook, January 23, 2020  Main Market Themes Asian market is down again overnight on growing concerns about the Coronavirus. Reports say that China has halted travel from Wuhan and closed down public transport within the city in an attempt to contain the disease.  A stronger-than-expected Australian labour market report led markets to lower […]

  • Chart of the Day AUDUSD

    Chart of the Day AUDUSD Potential reversal AUDUSD As the number of cases and geographical spread (with the first case in US confirmed) of the Wuhan Coronavirus increase, this could potentially pose a dark cloud to the nascent green shoots theme, leading to rising concerns that the January market rally may not be able to […]

  • Daily Market Outlook, January 22, 2020

    Daily Market Outlook, January 22, 2020  Main Market Themes The Asian equity markets have rebounded this morning following yesterday’s decline reflecting concerns about the potential impact of China’s Coronavirus for the Asian market. The Chinese authorities have promised to take steps to contain the spread of the disease. US President Trump said that he expects […]

  • The IndeX Files 21-01-2020

    Buy The Rumour, Sell The Fact? Global equities benchmarks are trading just off their recent highs this week with North American, Asian and European indices all in the red. The moves is likely down to a “buy the rumour, sell the fact dynamic which is playing out on the back of the US and China […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD Potential reversal EURUSD Risk appetite was lower overnight on rising concerns about the impact of the virus outbreak in China, especially ahead of the Chinese New Year. In the Eurozone, the ECB will hold its first Governing Council meeting of the new year. However, it should be a non-event, with […]

  • Daily Market Outlook, January 21, 2020

    Daily Market Outlook, January 21, 2020  Main Market Themes Risk sentiment has taken a turn for the worse overnight on fears about the spread of the Coronavirus from China. The Asian market lower, gold is firmer while the USD is mixed in G10 FX and bid against EM FX.  The Bank of Japan left policy […]