Blogs

Post-Brexit trade negotiations are starting this week So, at the end of talks this week, we will be seeing Barnier deliver a statement – which I would also expect the UK camp to be doing. Tick tock, tick tock.

Reuters reports, citing participants familiar with the conversation Sadly, the least surprising outcome would be yet another round of can kicking instead. See here for global coronavirus case data

Germany's engineering VDMA, with some remarks about the sector –  >3/4 of companies see no easing up of supply chain problems in the next 3 months – 28% of companies see supply chain problems worsening in the next 3 months See here for global coronavirus case data

The dollar recoups some momentum after losing a bit of ground earlier See here for global coronavirus case data US futures are down by about 1.4% currently, with European equities also seeing red now as indices fall to a session low. The DAX is down by 0.6% as the risk mood remains softer as we […]

<p>Bundesbank said in its regular monthly report that Germany would recover slowly after severe recession. It said, “substantial restrictions are likely to remain until a medical solution such as vaccination is available. For this reason, a rapid and strong economic recovery currently seems unlikely.” Though, it added that “

<p>BoE Deputy Governor Ben Broadbent is concerned that economic recovery could be slow after coronavirus lockdown exit, event though a rapid bounce back is “certainly conceivable, certainly possible.” He said, “the question that we will have to think about is whether behavioural responses of people mean that even if the gove

<p>On Friday, the XAU/USD exchange rate declined to the 1,680.00 level. During today’s morning, the rate was trading at the given mark. It is likely that yellow metal could pushed down by the 200-hour MSA near 1,690.00 to the 1,640.00/1,660.00 cluster. However, if the rate fails to surpass the 1,670.00 level, it is likely that […

The Australian market will increasingly refocus on the outlooks for its main commodities, posing downside risks over the medium-term, per Westpac Inst

<p>Notes/Observations Market looking towards the phased end to lockdowns but concerns linger over a potential 2nd wave of outbreaks Oil continued its soft footing over continued concerns over demand Asia: New Zealand PM Ardern stated that the country to move out of lockdown in 1-week time (Apr 27th) Japan Govt said to revise its stimulus [&he

<p>The pair is trading within a range that extends into third straight day and moving around broken Fibo level at 107.69 (38.2% of 101.18/111.71). Directionless near-term mode is supported by flat daily momentum and RSI, but a cluster of daily MA’s above the price (laying within 108.00/87 zone) weighs and keeps near-term bias with bears. [&he