Blogs

The S&P 500 has gotten absolutely crushed during the trading session on Thursday as we continue to see a lot of negativity.

The FTSE 100 got absolutely crushed during the trading session on Thursday, slicing through the 50 day EMA.

The silver markets have gone back and forth during the trading session on Thursday, initially gapping much higher but then falling hard.

The West Texas Intermediate Crude Oil market has broken down significantly during the trading session on Thursday, as we have seen a lot of selling pressure across the risk spectrum

The gold markets have rallied significantly during the trading session after gapping higher, but then pulled back quite a bit.

The sharp sell-off in risk assets this week has knocked nearly 500 points of the FTSE 100 in one-way trade and the index is now testing support off the 50-day moving average.

The UK economy had its largest monthly contraction on record in April with GDP crashing 20.4%.

EUR/USD has surrendered at key resistance as a surge in US COVID-19 cases sent risky assets spiraling downward. However, US stock futures hint sentiment may recover.

The Indian Rupee and Nifty 50 may fall as local virus cases grow and retail consumption dwindles. Jitters from investors could reignite capital outflows, pushing USD/INR higher.

The Canadian Dollar has retreated from post-crisis highs as the risk-associated currency suffers from souring market sentiment.