Blogs

Johnson Pushing For Brexit Trade Deal in July

Forex

<h2>PM Rejoins Trade Talks</h2> <p>With the UK and Eurozone member nations now moving swiftly out of lockdown, focus has begun to shift way from the battle against the virus and onto other fundamental matters. Among these, Brexit trade talks have returned to the limelight as both sides step up their calls for a deal to […]

BOJ Ramps Up Purchases, Warns Of Second Wave Risks

Forex

<p>The Bank of Japan this week reiterated its view that the Japanese economy, the third largest globally, is on course to gradually recover from the COVID-19 pandemic. In a bid to further support the recovery, the BOJ announced that it will be extending its corporate funding support from $700 billion (which the bank announced last […]

Daily Commodity Outlook, June 17  2020 

Forex

<p><span>Asian stocks were mixed on Wednesday as investors weighed the recent rally in risk assets alongside evidence of a U.S. economic recovery after the jump in U.S. retail sales.  S&amp;P 500 futures slipped back early Wednesday trading after U.S. equities closed higher. Federal Reserve Chairman Jerome Powell said the U.S. econo

Daily Market Outlook, June 17, 2020

Forex

<h2><span>Daily Market Outlook, June 17, 2020 </span></h2> <p><span><strong>Equity markets were mixed during the Asian market session after chalking significant gains yesterday boosted by a strong rebound in US retail sales as well as the Federal Reserve’s announcement that it would buy individual corporate

DAX 30: Citius, Altius, Fortius

Forex

German stock index outruns US counterparts. And it’s just a beginning The epic rally of S&P 500 proved once again that stock indexes recover faster than GDP after a recession. If this theorem is correct, a faster growth of a stock market correlates with the corresponding economy’s faster return to the trend. In this regard, […]

Analysis for oil, gold, and EUR/USD for 17.06.2020

Forex

USCrude – oil The oil price started rising at the beginning of the week. The corrective movement stopped in the broken-out Target Zone 4 [34.17 – 33.42]. Remember, the upside target is Target Zone 5 [41.67 – 40.92]. The best buy prices are in the trend key support zone [31.01 — 30.11]. The oil short-term […]

Dollar: is the glass half-full or half-empty?

Forex

The U.S. dollar is responsive to the market sentiment, optimistic or pessimistic If the glass is half full for Donald Trump, for Jerome Powell, it is half empty. The Fed Chairman, during his speech to Congress, said a full US economic recovery will not occur until the American people are sure that the coronavirus epidemic […]

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