"We have set out that we will review social distancing measures by May 7 and the government is focused on that date," British Prime Minister Boris Joh
Blogs
Oil Price Analysis: WTI stays under pressure, approaching $10.00 a barrel
Despite the general risk-on mood, WTI remains very weak after the bounce from historic lows to 18.00 a barrel (WTI futures June contract). As sellers remain in
Facebook could be poised for a decline in ad sales
<div> <p>This will be a busy and important week in the US for data and earnings, but today’s slate is rather quiet with just CB Consumer Confidence. Earnings includes Facebook, Microsoft, Mastercard, Tesla, Qualcomm, Boeing and Ebay all in a single day . Hence as we are in the midst of Earning Season, the focus […]
Microsoft Quarterly Earnings Report: Bracing for a Surprise?
<h3>Microsoft, Daily</h3> <p>Many top companies are reporting their first quarter financials this week, including Microsoft <span><strong>(MSFT)</strong></span>. The earnings reports this week are very crucial as investors are looking for clues or guidance on how the 2020 outlook appears after more than two
FX Update | 28 April
<p><strong>Commodity currencies have seen moderate losses against the Dollar and other main currencies against a backdrop of sputtering low-volume stock market trading and a turn lower in Oil prices.</strong></p> <p>The <span>NZD</span> led the way lower for the commodity group after a research note from We
Ahead of the FOMC Statement – Extreme Steps to Tackle the Economy
<p>What the Fed has done has largely calmed volatile financial markets. A more difficult task awaits, which is to help save an economy and labor market that has collapsed into the worst disaster since the Great Depression.</p> <p>The Fed will meet on Tuesday and Wednesday against the background of gloomy data. More than 26 millio
XAUUSD – Signs of Reversal
<p>XAUUSD, Day – At the start of the week, gold prices have fallen by $27, breaking down the key support to 1696. Meanwhile the rate of new infected cases and deaths from Covid-19 in the United States began to improve. The numbers have dropped to the lowest level since the outbreak in April.</p> <p>Apart from […]
MasterCard Earnings Report – Q1 2020
<h3>Mastercard, Daily & Weekly</h3> <p>The payment processing space is a segment that benefits from strong consumer spending. At the moment, there has been a decline in spending because consumers are mostly staying at home and many entertainment facilities such as restaurants, cafes, pubs, city parks, tourist areas are clo