US Open – Equities rise ahead of earnings storm, OPEC+ Taper Time, Gold Shines, LATAM Update

Posted by Ed Jul 13, 2020 Share 0

Global stocks are rising ahead of an earnings storm that will likely deliver the worst plunge in pro...

Asian equities start week higher

Posted by Jeffrey Jul 13, 2020 Share 0

Wall Street gains spill into Asia Wall Street finished the week strongly on Friday, and that sent...

Asia, you are cleared to enter the holding pattern

Posted by Jeffrey Jul 13, 2020 Share 0

Markets in positive mood Asian markets have opened with a positive tone today, after a relatively...

Week Ahead – Bring on Earnings Season

Posted by Craig Jul 10, 2020 Share 0

No Shortage of Event Risk Next week sees earnings season get underway in the US, with the major b...

EU Close: Modest de-risking ahead of Earnings Season and on US virus concerns, Oil rises, Gold holds $1800 level

Posted by Ed Jul 10, 2020 Share 0

Second quarter results will be awful for many companies and Wall Street will now get a clearer pictu...

USD/CAD yawns as Canada job growth sparkles

Posted by Kenny Jul 10, 2020 Share 0

USD/CAD is showing little movement on Friday, but that has changed early in the North American sessi...

AUD/USD flirts with the 70-mark, what’s next?

Posted by Kenny Jul 10, 2020 Share 0

For currency traders with an appetite for action, look no further than the Australian dollar. AUD/US...

Gold consolidates above US 1800 but oil retreats

Posted by Jeffrey Jul 10, 2020 Share 0

Oil retreats as short-term bullish sentiment fade Both Brent crude and WTI retreated overnight as...

Dollar dance continues, yuan breaks below 7.00

Posted by Jeffrey Jul 10, 2020 Share 0

The US dollar posts modest gains overnight The US dollar continues its dance in both directions, ...

European Open – A Testing Day For Stocks

Posted by Craig Jul 10, 2020 Share 0

Indices Near Major Support The week got off to a promising start but its all been downhill from t...

China equities slip on US sanctions

Posted by Jeffrey Jul 10, 2020 Share 0

Equities ease in Asia after a mixed session on Wall Street The short-term FOMO herd continued cha...

Normal service is resumed

Posted by Jeffrey Jul 9, 2020 Share 0

Financial Markets Recover As quickly as it appeared, the doom and gloom of yesterday was consigne...

US Update: Stocks higher on fiscal stimulus hopes, Sunak’s stimulus booster, Oil anchored, Gold roars, Brazil’s gloom

Posted by Ed Jul 8, 2020 Share 0

The economy might be rolling over, tensions between the US and China are not going away, and Wall St...

Mini-budget delivered, but will it deliver?

Posted by Kenny Jul 8, 2020 Share 0

Sunak Announces Mini-Budget The COVID-19 pandemic has devastated the British economy, with GDP de...

European Close – Stocks mostly lower on economic worries, Oil higher on Libya outlook, Gold at 8-year high, Bitcoin struggles

Posted by Ed Jul 7, 2020 Share 0

The global stock market rally showed some signs of running on empty as coronavirus cases reaccelerat...

All eyes on UK “mini-budget”

Posted by Kenny Jul 7, 2020 Share 0

Sunak to announce mini-budget UK Chancellor of the Exchequer Rishi Sunak is set to deliver a summ...

Gold ticks higher, oil yawns

Posted by Jeffrey Jul 7, 2020 Share 0

Opposing forces continue to balance oil prices Oil had another quiet overnight session by its lof...

Another oil price war could send crude crashing

Posted by Kenny Jul 6, 2020 Share 0

The global economy has been devastated by the Corvid-19 pandemic. With the manufacturing and service...

USD/CAD quiet ahead of Non-Manufacturing PMI

Posted by Kenny Jul 6, 2020 Share 0

The Canadian dollar is unchanged at the start of the new trading week. In the European session, USD/...

US Open – Market bulls are back from holiday, dollar down, oil and gold steady

Posted by Ed Jul 6, 2020 Share 0

US futures and European equities are off to a solid start following trading exuberance in China, imp...