Blogs

<p>Pivot</p> <p>&nbsp;(invalidation): 12268.00 Our preference</p> <p>Long positions above 12268.00 with targets at 12590.00 &amp; 12800.00 in extension.</p> <p>Alternative scenario</p> <p>Below 12268.00 look for further downside with 12133.00 &amp; 12020.00 as targets.</p>

<p>On Friday, the US government will release its non-farm payroll report which will likely show record job reduction for the second straight month. The consensus estimate at this point is between 3.5M and 11M jobs lost through the month of May, pushing the unemployment rate to around 18.5%. These estimates are staggering to see consider [&hel

<p>Monday, June 8th is the last trade date for Eurex Interest Rate futures. Traders can roll to the succeeding contract as early as Thursday, June 4th, before the open. Standard trade execution fees & commissions apply. For up-to-date information on contract expirations, roll dates, news announcements & more, visit and bookmark the

<h2>Tiff Takes Over</h2> <p>Tiff Macklem took the reigns as the new governor of the Bank of Canada this week and given current global and domestic conditions, he is unlikely to be envied much by any of his peers. The two-year US/China trade war and now the COVID-19 crisis, have left the global economy in a […]

<h2>Mixed EIA Report</h2> <p>WTI prices were seen extending their recent rally this week as global investor appetite continued to improve despite the ongoing unrest in the US. Oil prices have seen steady buying over recent weeks as global stay-at-home measures have continued to be reduced. With many economies making firm tracks to

<p><span>Asian shares were mixed on Thursday as the global bull run eased. U.S. equity futures slipped and U.S. Treasuries retained declines as investors turned away from safe havens after the ADP job report of the past month printed better than expected. Today the focus will be on the ECB, which is expected to boost its […]

<p>USDJPY Daily Outlook – On Wednesday, after days of protests seeking justice for the death of George Floyd, Minnesota’s attoryney general added an upgraded charge of second degree murder against the former Minneapolis policeman who killed George. This could be a relief sign the US needed to deescalate the unrest in the US.</p

<h2><span>Daily Market Outlook, June 4, 2020 </span></h2> <p><span><strong>US market rallied yesterday, extending their current winning streak to four days</strong>. The Dow Jones added 527pts or 2.1% while the S&amp;P500 rose 1.4% and NASDAQ picked up 0.8%, just a tad away from it’s all-tim

<h2>Trade War Cost Support</h2> <p><span>The current socio-political crisis unfolding across the US right now poses important questions for the upcoming US elections due towards the end of the year. Trump had already seen his approval ratings among voters falling over the last year as the negative impact of his trade war aga

<p><span>Asian shares went higher on Wednesday as the global risk-on relay continues. Kospi led the rally in the Asian equity market on the back of Korea’s third fiscal stimulus. China’s Caixin Services PMI came in this morning better than expected and is indicating the service sector has rebounded back into expansion in May. Nasdaq fut