Blogs

<p>Following unprecedented measures announced in March, we expect the Fed to leave the policies unchanged at the April meeting. The focus will be on the economic assessment and the forward guidance. We expect the members to acknowledge the rapid deterioration in employment, demand, and confidence since the coronavirus outbreak. They will also

<p>Stocks rise on easing COVID-19 restrictions, Oil’s glut, Choppy gold trade, Brazil and Colombia in focus Stocks are rising on optimism coronavirus-related restrictions will be eased in the US and around the world. Financial markets are off to a good start this week as economic activity could start to come back and as investors continue [&h

<p>WTI oil was down $4 or nearly 20% since opening in Asia on Monday, as sentiment sours again on rising fears on physical storage being nearly full and coronavirus crisis made the strongest negative impact to global demand that hasn’t been seen even during recessions and wars. The WTI oil price recovered after drop below […]

<p>The S&#38;P 500 Futures continue to climb as investors believe the coronavirus has passed its peak in major economies. Later today, the Federal Reserve Bank of Dallas will release its Manufacturing Activity Index for April (-88.0 expected). European indices are on the upside as governments of France, Italy and Spain said they are prepa

<p>It’s been a strong start to the week for global stock markets, with sentiment buoyed by more encouraging signs as countries around the world fight the coronavirus pandemic. Europe and North America have been the worst hit by the coronavirus so far but both are seeing improvements in new cases and deaths as the extreme […]

<p>Oil is falling again. On Monday, April 27th, Brent is approaching $20.30 (-5.2%) amid investors’ concerns that global stocks may yet be overlooked. Global demand for oil remains weak and that’s quite normal. However, global supply isn’t going down and that’s a major risk. Last week, US Department of Energy reported a solid growth in [&hell

<p>Notes/Observations Optimism that coronavirus outbreak will move into easing lockdown measures; easing plans point to a gradual improvement in economic activity Extraordinary policy intervention continues as BOJ opts for unlimited JGB buying Asia: BOJ left the Interest Rate on Excess Reserves (IOER) unchanged at -0.10% (as expected) but rai

<p>The Aussie gained against the USD on Friday and during the Asian session today as hopes for reopening the global economy strengthened. In US and Europe, national governments are taking measures to ease some of lockdown restrictions in place, but the markets seem to remain wary because the virus is still ever present in everyday […]

<p>The euro has continuing to rise against the US dollar during the European trading session as the greenback comes under heavy downside pressure intraday. Bulls need to move past the 1.0850 technical area to encourage a major test of the important 1.0880 level. Daily price closes above the 1.0880 level should be considered extremely bullish

<p>The British pound is starting to gain traction against the US dollar in early week trading after buyers moved price above the 1.2400 resistance level. If GBPUSD bulls move price above the 1.2500 level then the pair could stage a huge upside breakout towards the 1.2800 level. Failure to move price above the 1.2500 level […]